Highlights and Quick Summary
- Annual Average Days of Receivables for 2020 was 67.1 (a 0.78% increase from previous year)
- Annual Average Days of Receivables for 2019 was 66.58 (a -28.98% decrease from previous year)
- Annual Average Days of Receivables for 2018 was 93.75 (a 24.83% increase from previous year)
- Twelve month Average Days of Receivables ending September 29, 2021 was 71.93 (a 17.71% increase compared to previous quarter)
- Twelve month trailing Average Days of Receivables increased by 7.19% year-over-year
Trailing Average Days of Receivables for the last four month:
|29 Sep '21||29 Jun '21||30 Mar '21||30 Dec '20|
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Historical Average Days of Receivables of PTC Therapeutics, Inc.Most recent Average Days of Receivablesof PTCT including historical data for past 10 years.
Interactive Chart of Average Days of Receivables of PTC Therapeutics, Inc.
PTC Therapeutics, Inc. Average Days of Receivables for the past 10 Years (both Annual and Quarterly)
Business Profile of PTC Therapeutics, Inc.
PTC Therapeutics, Inc., a biopharmaceutical company, focuses on the discovery, development, and commercialization of medicines to patients with rare disorders. Its portfolio pipeline includes commercial products and product candidates in various stages of development, including clinical, pre-clinical and research and discovery stages, focuses on the development of treatments for multiple therapeutic areas, including rare diseases and oncology. The company offers Translarna and Emflaza for the treatment of Duchenne muscular dystrophy in the European Economic Area and the United States; commercializes Tegsedi and Waylivra for the treatment of rare diseases in Latin America and the Caribbean; and markets Evrysdi for the treatment of SMA in adults and children two months and older in Brazil. The company's splicing platform includes PTC518, which is being developed for the treatment of Huntington's disease. PTC Therapeutics, Inc. has collaborations with F. Hoffman-La Roche Ltd and Hoffman-La Roche Inc., as well as the Spinal Muscular Atrophy Foundation to advance drug discovery and development research in regenerative medicine; research collaboration with Massachusetts General Hospital for the treatment of rare genetic disorders resulting from pre-mRNA; and Akcea Therapeutics, Inc. to commercialize Tegsedi and Waylivra for the treatment of rare diseases in Latin America and the Caribbean. PTC Therapeutics, Inc. was founded in 1998 and is headquartered in South Plainfield, New Jersey.