Health Empire (BKK:HEALTH) Change In Receivables : ฿1.32 Mil (TTM As of Mar. 2024)

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What is Health Empire Change In Receivables?

Health Empire's change in receivables for the quarter that ended in Mar. 2024 was ฿1.50 Mil. It means Health Empire's Accounts Receivable declined by ฿1.50 Mil from Dec. 2023 to Mar. 2024 .

Health Empire's change in receivables for the fiscal year that ended in Dec. 2023 was ฿1.89 Mil. It means Health Empire's Accounts Receivable declined by ฿1.89 Mil from Dec. 2022 to Dec. 2023 .

Health Empire's Accounts Receivable for the quarter that ended in Mar. 2024 was ฿8.75 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. Health Empire's Days Sales Outstanding for the three months ended in Mar. 2024 was 159.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Health Empire's liquidation value for the three months ended in Mar. 2024 was ฿95.31 Mil.

Health Empire Change In Receivables Historical Data

The historical data trend for Health Empire'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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Health Empire Change In Receivables Chart

Health Empire Annual Data

Trend

Dec13

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.13

-4.81

-24.08

-10.61

1.89

Health Empire 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															2.07	-0.17	-0.48	0.46	1.50

Health Empire 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 ฿1.32 Mil.

Health Empire (BKK:HEALTH) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	8.75	/	5.02	*	91
=	159.05

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

Health Empire'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)
=	153.644	-	67.146	+	0.75 * 8.75	+	0.5 * 4.502
=	95.31

Health Empire Change In Receivables Related Terms

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Health Empire (BKK:HEALTH) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Health Empire Corp PLC (BKK:HEALTH) » Definitions » Change In Receivables

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Address

Rama 9 Road, 20th Floor, Room No., Office 2, No. 51 Major Tower Rama 9 - Ramkhamhaeng, Hua Mak Sub-District, Bangkapi District, Bangkok, THA, 10240

Website

https://www.hempcorp.co.th

Health Empire Corp PLC, formerly MPG Corporation PCL is engaged in wholesale, retail, distribution, import, export, production, contract production, and distribution of medication, modern medicine, traditional medicine, Thai traditional medicine, herbal medicine, herbal products, chemicals, medical supplies, pharmaceutical products, cosmeceutical products, medical equipment, health and beauty products, cosmetics, beauty products, personal hygiene products, dietary supplements, vitamins, minerals, food and beverage for dietary. Geographically, all the operations function through the regions of Thailand.

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