Sanbo Hospital Management Group (SZSE:301293) Accounts Receivable : ¥74 Mil (As of Mar. 2024)

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

What is Sanbo Hospital Management Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sanbo Hospital Management Group's accounts receivables for the quarter that ended in Mar. 2024 was ¥74 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sanbo Hospital Management Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 20.11.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sanbo Hospital Management Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥5.45.

Sanbo Hospital Management Group Accounts Receivable Historical Data

The historical data trend for Sanbo Hospital Management Group'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.

Sanbo Hospital Management Group Accounts Receivable Chart

Sanbo Hospital Management Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

73.66

84.02

90.91

69.21

96.68

Sanbo Hospital Management Group Quarterly Data
	Dec17	Dec18	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															81.98	109.72	85.01	96.68	74.27

Sanbo Hospital Management Group Accounts Receivable Calculation

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

Sanbo Hospital Management Group 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.

Sanbo Hospital Management Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	74.267	/	336.93	*	91
=	20.11

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

Sanbo Hospital Management Group'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)
=	(1519.18	+	0.75 * 74.267	+	0.5 * 39.605	-	539.14
-	0	-	191.448)	/	158.452
=	5.45

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.

Sanbo Hospital Management Group Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Sanbo Hospital Management Group's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Sanbo Hospital Management Group (SZSE:301293) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Sanbo Hospital Management Group Ltd (SZSE:301293) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 50 Yikesong, Xiangshan Road, Room 105, Building No. 23, Haidian District, Haidian District, CHN, Haidian District

Website

https://www.sbnkjt.com

Sanbo Hospital Management Group Ltd is a neurology medical group engaged in clinical medical services. It adheres to the vision of expertise in medicine, education, and research, advocates the coordinated development of medical treatment, teaching, and scientific research, and promotes the company's basic research and development in neurology. The company hosts/co-organizes several academic conferences, covering neurosurgery, neurology, anesthesia, nursing, etc., and actively promotes academic exchanges. The company has held more than 90 national, provincial and municipal continuing education projects and classes, and has trained nearly 6,000 people in total, to improve the diagnosis and treatment of neurologists at the grassroots level. The company operates in a chain of hospitals.

Sanbo Hospital Management Group (SZSE:301293) Headlines

No Headlines