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BrightSpring Health Services (BrightSpring Health Services) Change In Receivables : $-189 Mil (TTM As of Mar. 2024)


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What is BrightSpring Health Services Change In Receivables?

BrightSpring Health Services's change in receivables for the quarter that ended in Mar. 2024 was $-116 Mil. It means BrightSpring Health Services's Accounts Receivable increased by $116 Mil from Dec. 2023 to Mar. 2024 .

BrightSpring Health Services's change in receivables for the fiscal year that ended in Dec. 2023 was $-127 Mil. It means BrightSpring Health Services's Accounts Receivable increased by $127 Mil from Dec. 2022 to Dec. 2023 .

BrightSpring Health Services's Accounts Receivable for the quarter that ended in Mar. 2024 was $991 Mil.

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 Receivable are being managed. BrightSpring Health Services's Days Sales Outstanding for the three months ended in Mar. 2024 was 35.08.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. BrightSpring Health Services's liquidation value for the three months ended in Mar. 2024 was $-3,093 Mil.

BrightSpring Health Services Change In Receivables Historical Data

The historical data trend for BrightSpring Health Services's Change In Receivables 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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BrightSpring Health Services Change In Receivables Chart

BrightSpring Health Services Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial -53.95 -58.92 -93.00 -150.47 -127.25

BrightSpring Health Services Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables 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 -54.04 -51.37 -11.52 -10.32 -115.58

BrightSpring Health Services Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-189 Mil.

* 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.

BrightSpring Health Services  (NAS:BTSG) Change In Receivables 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 Receivable are being managed.

BrightSpring Health Services's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=990.581/2576.638*91
=35.08

2. In Ben Graham's calculation of liquidation value, BrightSpring Health Services's accounts receivable are only considered to be worth 75% of book value:

BrightSpring Health Services's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=58.037-4081.276+0.75 * 990.581+0.5 * 373.74
=-3,093

* 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.

BrightSpring Health Services Change In Receivables Related Terms

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BrightSpring Health Services (BrightSpring Health Services) Business Description

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BrightSpring Health Services Inc is a platform of complementary health services delivering provider and pharmacy solutions for complex populations in home and community settings. Its platform delivers clinical services and pharmacy solutions across Medicare, Medicaid, and commercially insured populations.

BrightSpring Health Services (BrightSpring Health Services) Headlines

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