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Kovai Medical Center & Hospital (BOM:523323) Accounts Receivable : ₹168 Mil (As of Mar. 2024)


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What is Kovai Medical Center & Hospital Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kovai Medical Center & Hospital's accounts receivables for the quarter that ended in Mar. 2024 was ₹168 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kovai Medical Center & Hospital's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 4.78.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kovai Medical Center & Hospital's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-288.13.


Kovai Medical Center & Hospital Accounts Receivable Historical Data

The historical data trend for Kovai Medical Center & Hospital'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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Kovai Medical Center & Hospital Accounts Receivable Chart

Kovai Medical Center & Hospital Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.23 105.35 161.04 252.79 168.05

Kovai Medical Center & Hospital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 252.79 - 250.85 - 168.05

Kovai Medical Center & Hospital Accounts Receivable Calculation

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


Kovai Medical Center & Hospital 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.

Kovai Medical Center & Hospital's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=168.054/3207.857*91
=4.78

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

Kovai Medical Center & Hospital's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(2144.361+0.75 * 168.054+0.5 * 146.985-5496.955
-0-0)/10.943
=-288.13

* 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.


Kovai Medical Center & Hospital Accounts Receivable Related Terms

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Kovai Medical Center & Hospital (BOM:523323) Business Description

Traded in Other Exchanges
N/A
Address
No. 99, Avanashi Road, Post Box No. 3209, Coimbatore, TN, IND, 641 014
Kovai Medical Center & Hospital Ltd provides hospital services to inpatients and outpatients. The company's operating segments include Healthcare Services and Education Services. It generates maximum revenue from the Healthcare segment. The company operates various medical facilities, which provide services related to critical care medicine, dermatology, emergency, Endocrinology and Diabetology, fertility and reproductive medicine, gastroenterology, neonatology, nephrology, neurology, obstetrics and gynecology, pediatric surgery, pulmonology, psychological medicine, and rheumatology, as well as health check programs and pediatrics.

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