GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Jupiter Life Line Hospitals Ltd (NSE:JLHL) » Definitions » Accounts Receivable

Jupiter Life Line Hospitals (NSE:JLHL) Accounts Receivable : ₹572 Mil (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Jupiter Life Line Hospitals Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Jupiter Life Line Hospitals's accounts receivables for the quarter that ended in Mar. 2024 was ₹572 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Jupiter Life Line Hospitals's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 17.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Jupiter Life Line Hospitals's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹39.56.


Jupiter Life Line Hospitals Accounts Receivable Historical Data

The historical data trend for Jupiter Life Line Hospitals'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.

Jupiter Life Line Hospitals Accounts Receivable Chart

Jupiter Life Line Hospitals Annual Data
Trend Mar21 Mar22 Mar23
Accounts Receivable
218.43 278.68 456.88

Jupiter Life Line Hospitals Quarterly Data
Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 456.88 - 568.27 - 572.13

Jupiter Life Line Hospitals Accounts Receivable Calculation

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


Jupiter Life Line Hospitals 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.

Jupiter Life Line Hospitals's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=572.13/2904.89*91
=17.97

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

Jupiter Life Line Hospitals'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)
=(3181.17+0.75 * 572.13+0.5 * 213.42-1125.94
-0--2.99)/65.566
=39.56

* 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.


Jupiter Life Line Hospitals Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Jupiter Life Line Hospitals's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Jupiter Life Line Hospitals (NSE:JLHL) Business Description

Traded in Other Exchanges
Address
Eastern Express Highway, Service Rd, Next To Viviana Mall, Thane west, Thane, MH, IND, 400601
Jupiter Life Line Hospitals Ltd is a key multi-specialty tertiary and quaternary healthcare provider. The Company operates in one business and geographical segment which is healthcare services in India. The Hospital revenue comprises primarily of fees charged for inpatient and outpatient hospital services and other hospital services. Services include charges for accommodation, operation theatre, medical professional services, equipment, radiology, laboratory and pharmaceutical goods used.

Jupiter Life Line Hospitals (NSE:JLHL) Headlines

No Headlines