HMS Holdings's change in receivables for the quarter that ended in Dec. 2020 was $-33.5 Mil. It means HMS Holdings's Accounts Receivable
increased by $33.5 Mil
from Sep. 2020 to Dec. 2020 .
HMS Holdings's change in receivables for the fiscal year that ended in Dec. 2020 was $-40.0 Mil. It means HMS Holdings's Accounts Receivable
increased by $40.0 Mil
from Dec. 2019 to Dec. 2020 .
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.
HMS Holdings's Days Sales Outstanding for the
three
months ended in Dec. 2020 was 125.00.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. HMS Holdings's liquidation value for the
three
months ended in Dec. 2020 was $25.1 Mil.
HMS Holdings Change In Receivables Historical Data
The historical data trend for HMS Holdings'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.
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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-40.0 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.
HMS Holdings (NAS:HMSY) 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.
HMS Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2020 is calculated as:
* 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.
HMS Holdings Change In Receivables Related Terms
Thank you for viewing the detailed overview of HMS Holdings's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
HMS Holdings Corp is a United States-based holding company that conducts businesses through its operating subsidiaries. The company offers services that help customers contain healthcare insurance benefit costs. Its primary offerings comprise coordination of benefits, payment integrity, and eligibility verification. The coordination of benefits service ensures the right party pays a health claim. The payment integrity service ensures the billing and/or payment is accurate and appropriate. The eligibility verification service ensures individuals meet qualifying criteria for healthcare programs. The company's customers include Medicaid agencies, government health agencies, health plans, government and private employers, and others. The company operates only within the United States.
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