JRSIS Health Care (JRSIS Health Care) Change In Receivables : $0.03 Mil (TTM As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is JRSIS Health Care Change In Receivables?

JRSIS Health Care's change in receivables for the quarter that ended in Mar. 2024 was $0.12 Mil. It means JRSIS Health Care's Accounts Receivable declined by $0.12 Mil from Dec. 2023 to Mar. 2024 .

JRSIS Health Care's change in receivables for the fiscal year that ended in Dec. 2023 was $0.01 Mil. It means JRSIS Health Care's Accounts Receivable declined by $0.01 Mil from Dec. 2022 to Dec. 2023 .

JRSIS Health Care's Accounts Receivable for the quarter that ended in Mar. 2024 was $0.60 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. JRSIS Health Care's Days Sales Outstanding for the three months ended in Mar. 2024 was 110.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. JRSIS Health Care's liquidation value for the three months ended in Mar. 2024 was $-1.42 Mil.

JRSIS Health Care Change In Receivables Historical Data

The historical data trend for JRSIS Health Care'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.

* Premium members only.

JRSIS Health Care Change In Receivables Chart

JRSIS Health Care Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

3.69

0.55

-0.01

0.01

JRSIS Health Care Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															0.10	-0.12	0.01	0.01	0.12

JRSIS Health Care 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 $0.03 Mil.

JRSIS Health Care (OTCPK:JRSS) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.603	/	0.5	*	91
=	110.05

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

JRSIS Health Care'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)
=	0.324	-	2.415	+	0.75 * 0.603	+	0.5 * 0.446
=	-1.42

JRSIS Health Care Change In Receivables Related Terms

Thank you for viewing the detailed overview of JRSIS Health Care's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

JRSIS Health Care (JRSIS Health Care) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » JRSIS Health Care Corp (OTCPK:JRSS) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 19 Chang Yi Road, 3rd Floor, Building A, De Run Yuan, Chang Ming Shui, Wu Gui Shan, Zhongshan, CHN, 528458

Website

http://www.jhcc.cn

JRSIS Health Care Corp is engaged in operating Jiarun Hospital, a private hospital with nearly 950 open beds. The Jiarun Hospital services in the areas of pediatrics, dermatology, ears, nose, and throat (ent), traditional Chinese medicine (TCM), ophthalmology, internal medicine dentistry, general surgery, rehabilitation science, gynecology, general medical services, and others. It also offers patient care and the sale of medicine in the areas of both Western and Chinese medical practices to the residents of Harbin.

Executives

Zhuowei Zhong	director, 10 percent owner, officer: President	5 JUMEI BIG STREET, XIAOLAN TOWN, ZHONGSHAN CITY, GUANGDONG PROVINCE F4 528415
Zhifei Huang	director, officer: Chief Executive Officer	3 FIVE ALLEY, DITANGKOU, PINGWANGGANGXIE, DATANG TOWN, SANSHUI DISTRICT, FOSHAN, GUANGDONG PROVINCE F4 528143
Zhuowen Chen	director, officer: Chief Financial Officer	401 BUILDING 23, JIANGPAN NEW RESIDENTIAL QUARTERS, ZHONGSHAN CITY, GUANGDONG PROV F4 528401
Lihua Sun	director, officer: Chief Executive Officer	1ST-7TH FLOOR,IND & COMM BANK BLDG,, XINGFU ST, HULAN TOWN, HULAN DISTRICT, HARBIN F4 150599
Junsheng Zhang	director, 10 percent owner, officer: President and Chm of the Board	1ST-7TH FLOOR,IND & COMM BANK BLDG,, XINGFU ST, HULAN TOWN, HULAN DISTRICT, HARBIN F4 150599
Xuewei Zhang	director, officer: Chief Financial Officer	1ST-7TH FL, IND & COMM BANK BLDG., XINGFU ST, HULAN TOWN, HULAN DISTRICT, HARBIN F4 150599
Yanhui Xing	director	A204, BLOCK 1, ZHUJIANG XUJING GARDEN, BANXUEGANG RD, LONGGANG DISTRICT, SHENZHEN F4 518000

JRSIS Health Care (JRSIS Health Care) Headlines

From GuruFocus

JRSIS Health Care Stock Shows Every Sign Of Being Possible Value Trap

By GF Value • 07-03-2021

JRSIS Health Care Corporation (OTCQX: JRSS) Announces Financial Results for the 2020 Fiscal Year

By PRNewswire PRNewswire • 04-22-2021