Volpara Health Technologies (ASX:VHT) Accounts Receivable : A$8.26 Mil (As of Sep. 2023)

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What is Volpara Health Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Volpara Health Technologies's accounts receivables for the quarter that ended in Sep. 2023 was A$8.26 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Volpara Health Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 81.83.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Volpara Health Technologies's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was A$-0.06.

Volpara Health Technologies Accounts Receivable Historical Data

The historical data trend for Volpara Health Technologies'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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Volpara Health Technologies Accounts Receivable Chart

Volpara Health Technologies Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Receivable

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1.84

7.07

7.20

7.58

7.88

Volpara Health Technologies Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Receivable	Get a 7-Day Free Trial										8.11	7.58	9.71	7.88	8.26

Volpara Health Technologies Accounts Receivable Calculation

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

Volpara Health Technologies 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.

Volpara Health Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	8.264	/	18.431	*	91
=	81.83

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

Volpara Health Technologies's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=	(8.85	+	0.75 * 8.264	+	0.5 * 0	-	29.94
-	0	-	0)	/	254.374
=	-0.06

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.

Volpara Health Technologies Accounts Receivable Related Terms

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Volpara Health Technologies (ASX:VHT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Volpara Health Technologies Ltd (ASX:VHT) » Definitions » Accounts Receivable

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Traded in Other Exchanges

VPAHF:USA

Address

40 Mercer Street, Level 14–15, Wellington Central, Wellington, NZL, 6011

Website

https://www.volparahealth.com

Volpara Health Technologies Ltd is a New Zealand-based research, development, and manufacturing company. The business of the company operates through three product categories that include Capital Sales, Software Maintenance Agreements, and Software as a Service. It offers a breast imaging analytics platform that delivers real-time quality assurance and performance monitoring. It operates through the sale of a single suite of medical device software products.