Laboratory of America Holdings (FRA:LAB) Bad Debt Percentage of Revenue % : 0.00% (As of . 20)

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What is Laboratory of America Holdings Bad Debt Percentage of Revenue %?

Bad Debt Percentage of Revenue % can be used to estimate the company’s bad debt value. If the company’s bad debt percentage is from historical data, the metric can be used as an indicator of a company's receivable management ability. Under the requirements of transparency and accuracy, lower Bad Debt Percentage of Revenue is better.

The historical rank and industry rank for Laboratory of America Holdings's Bad Debt Percentage of Revenue % or its related term are showing as below:

FRA:LAB's Bad Debt Percentage of Revenue % is not ranked ^*
in the Medical Diagnostics & Research industry.
Industry Median:
* Ranked among companies with meaningful Bad Debt Percentage of Revenue % only.

Laboratory of America Holdings Bad Debt Percentage of Revenue % Historical Data

The historical data trend for Laboratory of America Holdings's Bad Debt Percentage of Revenue % 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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Laboratory of America Holdings Bad Debt Percentage of Revenue % Chart

Laboratory of America Holdings (FRA:LAB) Bad Debt Percentage of Revenue % Calculation

Companies usually use Bad Debt Percentage of Revenue % to estimate their bad debt. The initial estimates of a company's bad debt allowance is typically based upon past performance. The formula is:

Bad Debt Percentage of Revenue %

( Uncollectible sales

Revenue )

100 %

Laboratory of America Holdings (FRA:LAB) Bad Debt Percentage of Revenue % Explanation

A bad debt expense is recognized when a receivable is no longer collectible because a customer is unable to fulfill their obligation to pay an outstanding debt due to bankruptcy or other financial problems.

The analysis of bad debt should be combined with the allowance and adjustment the company made of the fiscal year. If the company’s Bad Debt Percentage of Revenue % kept increasing, the company’s profitability should be questioned. However, abnormal low ratios are also worth attention because it may be a sign of fiscal report manipulation.

Laboratory of America Holdings Bad Debt Percentage of Revenue % Related Terms

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Laboratory of America Holdings (FRA:LAB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Laboratory Corp of America Holdings (FRA:LAB) » Definitions » Bad Debt Percentage of Revenue %

Comparable Companies

Traded in Other Exchanges

LH:USA LH:Mexico L1CA34:Brazil

Address

358 South Main Street, Burlington, NC, USA, 27215

Website

https://www.labcorp.com

Laboratory Corp. of America is one of the nation's two largest independent clinical laboratories, with roughly 20% of the independent lab market. The company operates approximately 2,000 patient-service centers, offering a broad range of 5,000 clinical lab tests, ranging from routine blood and urine screens to complex oncology and genomic testing.