Regis Healthcare (ASX:REG) Accounts Receivable : A$24.3 Mil (As of Dec. 2023)

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What is Regis Healthcare Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Regis Healthcare's accounts receivables for the quarter that ended in Dec. 2023 was A$24.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Regis Healthcare's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 34.69.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Regis Healthcare's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was A$-5.88.

Regis Healthcare Accounts Receivable Historical Data

The historical data trend for Regis Healthcare'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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Regis Healthcare Accounts Receivable Chart

Regis Healthcare Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Receivable

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5.19

6.42

8.29

11.98

17.10

Regis Healthcare Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial														12.18	11.98	17.25	17.10	24.34

Regis Healthcare Accounts Receivable Calculation

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

Regis Healthcare 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	24.34	/	128.067	*	91
=	34.69

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

Regis Healthcare'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)
=	(86.593	+	0.75 * 24.34	+	0.5 * 1.322	-	1876.481
-	0	-	0)	/	301.035
=	-5.88

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.

Regis Healthcare Accounts Receivable Related Terms

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Regis Healthcare (ASX:REG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Regis Healthcare Ltd (ASX:REG) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

293 Camberwell Road, Level 2, Melbourne, VIC, AUS, 3124

Website

https://www.regis.com.au

Regis Healthcare Ltd provides residential care for the elderly in Australia, including respite, dementia-specific, and palliative care. The Company's principal activity is the provision of residential aged care services The firm's facilities are primarily located in metropolitan areas and a majority of its rooms offered are single bedrooms. The majority of Regis' revenue comes from government funding due to the highly regulated environment for aged care facilities in Australia, though the firm also receives resident fees.