Econ Healthcare (Asia) (SGX:EHG) Change In Receivables : S$-1.95 Mil (TTM As of Sep. 2023)

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What is Econ Healthcare (Asia) Change In Receivables?

Econ Healthcare (Asia)'s change in receivables for the quarter that ended in Sep. 2023 was S$-0.39 Mil. It means Econ Healthcare (Asia)'s Accounts Receivable increased by S$0.39 Mil from Mar. 2023 to Sep. 2023 .

Econ Healthcare (Asia)'s change in receivables for the fiscal year that ended in Mar. 2023 was S$-0.72 Mil. It means Econ Healthcare (Asia)'s Accounts Receivable increased by S$0.72 Mil from Mar. 2022 to Mar. 2023 .

Econ Healthcare (Asia)'s Accounts Receivable for the quarter that ended in Sep. 2023 was S$5.76 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. Econ Healthcare (Asia)'s Days Sales Outstanding for the six months ended in Sep. 2023 was 42.32.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Econ Healthcare (Asia)'s liquidation value for the six months ended in Sep. 2023 was S$-29.04 Mil.

Econ Healthcare (Asia) Change In Receivables Historical Data

The historical data trend for Econ Healthcare (Asia)'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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Econ Healthcare (Asia) Change In Receivables Chart

Econ Healthcare (Asia) Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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0.22

-1.62

1.80

-3.47

-0.72

Econ Healthcare (Asia) Semi-Annual Data
	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial						-0.19	-3.27	0.85	-1.56	-0.39

Econ Healthcare (Asia) 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-1.95 Mil.

Econ Healthcare (Asia) (SGX:EHG) 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.

Econ Healthcare (Asia)'s Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.756	/	24.823	*	91
=	42.32

2. In Ben Graham's calculation of liquidation value, Econ Healthcare (Asia)'s accounts receivable are only considered to be worth 75% of book value:

Econ Healthcare (Asia)'s liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	23.847	-	57.205	+	0.75 * 5.756	+	0.5 * 0.007
=	-29.04

Econ Healthcare (Asia) Change In Receivables Related Terms

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Econ Healthcare (Asia) (SGX:EHG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Econ Healthcare (Asia) Ltd (SGX:EHG) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

160 Changi Road, No. 05-01-13, Hexacube, Singapore, SGP, 419728

Website

https://www.econhealthcare.com

Econ Healthcare (Asia) Ltd is a private nursing home operator in Singapore and Malaysia. The operating business segments are Medicare Centres and Nursing Homes and Other Operations and Ancillary Services. The company derives maximum revenue from the provision of medicare centres and the nursing home segment. Geographically it derives a majority of its revenue from Singapore.

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