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Hapvida Participacoes Investimento (BSP:HAPV3) Accounts Receivable : R$1,610 Mil (As of Dec. 2023)


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What is Hapvida Participacoes Investimento Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hapvida Participacoes Investimento's accounts receivables for the quarter that ended in Dec. 2023 was R$1,610 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hapvida Participacoes Investimento's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 21.18.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hapvida Participacoes Investimento's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was R$-2.36.


Hapvida Participacoes Investimento Accounts Receivable Historical Data

The historical data trend for Hapvida Participacoes Investimento'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.

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Hapvida Participacoes Investimento Accounts Receivable Chart

Hapvida Participacoes Investimento Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 296.99 433.43 474.30 1,480.80 1,610.00

Hapvida Participacoes Investimento Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 Premium Member Only 1,480.80 1,377.83 1,457.51 1,554.33 1,610.00

Hapvida Participacoes Investimento Accounts Receivable Calculation

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


Hapvida Participacoes Investimento 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.

Hapvida Participacoes Investimento's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1610.003/6935.527*91
=21.18

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

Hapvida Participacoes Investimento'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)
=(7003.623+0.75 * 1610.003+0.5 * 318.605-26062.283
-0-1.369)/7495.11
=-2.36

* 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.


Hapvida Participacoes Investimento Accounts Receivable Related Terms

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Hapvida Participacoes Investimento (BSP:HAPV3) Business Description

Traded in Other Exchanges
N/A
Address
No. 406, Avenue Heraclito Graca, Fortaleza, CE, BRA, 60140-061
Hapvida Participacoes Investimento SA is the medical-hospital and dental care company. The Company and its subsidiaries are mainly engaged in: (i) the sale of health insurance plans and delivering the majority of medical assistance at its own hospitals, clinics, imaging diagnostics and laboratories; and (ii) the sale of dental insurance plans for services provided by an accredited network.

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