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Justera Health (Justera Health) Accounts Receivable : $0.71 Mil (As of Dec. 2023)


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What is Justera Health Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Justera Health's accounts receivables for the quarter that ended in Dec. 2023 was $0.71 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Justera Health's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 185.92.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Justera Health's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.01.


Justera Health Accounts Receivable Historical Data

The historical data trend for Justera Health's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Justera Health Accounts Receivable Chart

Justera Health Annual Data
Trend Dec19 Dec20 Dec22 Dec23
Accounts Receivable
- - 0.05 0.71

Justera Health Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.21 0.22 0.65 0.71

Justera Health Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Justera Health Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Justera Health's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.707/0.347*91
=185.92

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Justera Health's accounts receivable are only considered to be worth 75% of book value:

Justera Health's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.071+0.75 * 0.707+0.5 * 0.073-1.581
-0-0)/160.806
=-0.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Justera Health Accounts Receivable Related Terms

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Justera Health (Justera Health) Business Description

Traded in Other Exchanges
Address
2300 Yonge Street, Suite 2802, Toronto, ON, CAN, M4P 1E4
Justera Health Ltd is a Health and Wellness management company. It provides professional health and medical solutions to Canadians with a focus on concierge medical services. It provides Screen Pro Security, Naturevan, and concierge medical services, It also offers personalized health care services such as IV vitamin therapy, personal home care, nurse care, on-call urgent medical care, nutrition, and health screening services, such as COVID-19 test ingesting.