Addus HomeCare (Addus HomeCare) Change In Receivables : $16 Mil (TTM As of Dec. 2023)

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What is Addus HomeCare Change In Receivables?

Addus HomeCare's change in receivables for the quarter that ended in Dec. 2023 was $6 Mil. It means Addus HomeCare's Accounts Receivable declined by $6 Mil from Sep. 2023 to Dec. 2023 .

Addus HomeCare's change in receivables for the fiscal year that ended in Dec. 2023 was $16 Mil. It means Addus HomeCare's Accounts Receivable declined by $16 Mil from Dec. 2022 to Dec. 2023 .

Addus HomeCare's Accounts Receivable for the quarter that ended in Dec. 2023 was $115 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. Addus HomeCare's Days Sales Outstanding for the three months ended in Dec. 2023 was 38.14.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Addus HomeCare's liquidation value for the three months ended in Dec. 2023 was $-166 Mil.

Addus HomeCare Change In Receivables Historical Data

The historical data trend for Addus HomeCare'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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Addus HomeCare Change In Receivables Chart

Addus HomeCare Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-37.48

23.86

-3.92

20.59

15.67

Addus HomeCare Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															2.36	0.09	21.31	-11.47	5.74

Addus HomeCare 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $16 Mil.

Addus HomeCare (NAS:ADUS) 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.

Addus HomeCare's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	115.499	/	276.351	*	91
=	38.14

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

Addus HomeCare's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	64.791	-	317.732	+	0.75 * 115.499	+	0.5 * 0
=	-166

Addus HomeCare Change In Receivables Related Terms

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Addus HomeCare (Addus HomeCare) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Addus HomeCare Corp (NAS:ADUS) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

A41:Germany

Address

6303 Cowboys Way, Suite 600, Frisco, TX, USA, 75034

Website

https://www.addus.com

Addus HomeCare Corp is engaged in the provision of in-home personal care services. It operates through the following segments: Personal care segment, which is a key revenue driver, provides non-medical assistance with activities of daily living, primarily to persons who are at risk of hospitalization or institutionalization, such as the elderly, chronically ill and disabled. The Hospice segment provides physical, emotional and spiritual care for people who are terminally ill and their families. Its Home health segment provides services that are primarily medical in nature to those individuals who may require assistance during an illness or after surgery.

Executives

David W. Tucker	officer: EVP/Chief Development Officer	6801 GAYLORD PARKWAY, SUITE 110, FRISCO TX 75034
Michael D. Wattenbarger	officer: EVP/Chief Information Officer	6801 GAYLORD PARKWAY, SUITE 110, FRISCO TX 75034
Darby Anderson	officer: See Remarks	2401 SOUTH PLUM GROVE ROAD, PALATINE IL 60067
W Bradley Bickham	officer: See Remarks
Brian Poff	officer: CHIEF FINANCIAL OFFICER	C/O ADDUS HOMECARE CORPORATION, 2300 WARRENVILLE RD, DOWNERS GROVE IL 60515
R Dirk Allison	director, officer: Chief Executive Officer	2525 WEST END AVE STE 600, C/O RENAL CARE GROUP INC, NASHVILLE TN 37203
Robertson James Stevenson	officer: EVP & Chief HR Officer	6303 COWBOYS WAY, SUITE 600, FRISCO TX 75034
Sean Gaffney	officer: EVP / Chief Legal Officer	6801 GAYLORD PARKWAY, SUITE 110, FRISCO TX 75034
Monica Raines	officer: EVP/CCO and Quality Officer	6303 COWBOYS WAY, SUITE 600, FRISCO TX 75034
Heather Brianne Dixon	director	AETNA INC., 151 FARMINGTON AVENUE, HARTFORD CT 06156
Esteban Lopez	director	6303 COWBOYS WAY, SUITE 600, FRISCO TX 75034
Cliff Donald Blessing	officer: EVP/Chief Development Officer	6303 COWBOYS WAY, SUITE 600, FRISCO TX 75034
Laurie Manning	officer: EVP/Chief Human Resources Off.	6801 GAYLORD PARKWAY, SUITE 110, FRISCO TX 75034
Veronica Hill-milbourne	director	6303 COWBOYS WAY, SUITE 600, FRISCO TX 75034
Mark L First	director, 10 percent owner	320 PARK AVENUE, NEW YORK NY 10022