Molina Healthcare (Molina Healthcare) Change In Receivables : $-667 Mil (TTM As of Mar. 2024)

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What is Molina Healthcare Change In Receivables?

Molina Healthcare's change in receivables for the quarter that ended in Mar. 2024 was $-123 Mil. It means Molina Healthcare's Accounts Receivable increased by $123 Mil from Dec. 2023 to Mar. 2024 .

Molina Healthcare's change in receivables for the fiscal year that ended in Dec. 2023 was $-778 Mil. It means Molina Healthcare's Accounts Receivable increased by $778 Mil from Dec. 2022 to Dec. 2023 .

Molina Healthcare's Accounts Receivable for the quarter that ended in Mar. 2024 was $3,350 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. Molina Healthcare's Days Sales Outstanding for the three months ended in Mar. 2024 was 30.78.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Molina Healthcare's liquidation value for the three months ended in Mar. 2024 was $430 Mil.

Molina Healthcare Change In Receivables Historical Data

The historical data trend for Molina Healthcare'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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Molina Healthcare Change In Receivables Chart

Molina Healthcare Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-76.00

-100.00

-415.00

-95.00

-778.00

Molina Healthcare 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															-234.00	151.00	-49.00	-646.00	-123.00

Molina Healthcare 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 $-667 Mil.

Molina Healthcare (NYSE:MOH) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3350	/	9931	*	91
=	30.78

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

Molina Healthcare'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)
=	8937	-	11020	+	0.75 * 3350	+	0.5 * 0
=	430

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Molina Healthcare (Molina Healthcare) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Molina Healthcare Inc (NYSE:MOH) » Definitions » Change In Receivables

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Address

200 Oceangate, Suite 100, Long Beach, CA, USA, 90802

Website

https://www.molinahealthcare.com

Molina Healthcare Inc offers healthcare plans focused on Medicaid-related solutions for low-income families and individuals. Its health plans are operated by a network of subsidiaries, each of which is licensed as a health maintenance organization (HMO). In addition to its Health Plans segment, Molina has a Medicaid,Medicare, and Marketplace segment that represent the government-funded or sponsored programs under their management information systems. Molina's Medicaid plans receive revenue on a per-member per-month basis from state government agencies, and its Medicare Advantage plans receive revenue from managed care plans that contract with the Centers for Medicaid and Medicare (CMS). Molina also provides plans through health insurance exchanges.

Executives

Ronna Romney	director
Steven J Orlando	director
Maurice Hebert	officer: Chief Accounting Officer	C/O WELLCARE HEALTH PLANS, INC., 8735 HENDERSON ROAD, TAMPA FL 33634
Marc Russo	officer: Executive Vice President	C/O WELLCARE HEALTH PLANS, INC., 8725 HENDERSON ROAD, REN. 1, TAMPA FL 33634
Jeff D. Barlow	officer: Chief Legal Officer	300 UNIVERSITY AVENUE, SUITE 100, SACRAMENTO CA 95825
Barbara L Brasier	director	C/O MEADWESTVACO CORP, ONE HIGH RIDGE PARK, STAMFORD CT 06905
Daniel Cooperman	director	DANIEL COOPERMAN, 930 CULEBRA ROAD, HILLSBOROUGH CA 94010
Dale B Wolf	director
Richard M Schapiro	director	300 UNIVERSITY AVENUE, SUITE 100, SACRAMENTO CA 95825
Joseph M Zubretsky	director, officer: President & CEO	C/O THE HANOVER INSURANCE GROUP, INC., 440 LINCOLN STREET, WORCESTER MA 01653
Mark Lowell Keim	officer: Executive Vice President	440 LINCOLN STREET, E-6, WORCESTER MA 01653
James Woys	officer: Executive Vice President	21650 OXNARD STREET, 22ND FLOOR, WOODLAND HILLS CA 91367
Thomas L Tran	officer: Chief Financial Officer	8735 HENDERSON ROAD, TAMPA FL 33625
Stephen H Lockhart	director	C/O NATIONAL RESEARCH CORPORATION, 1245 Q STREET, LINCOLN NE 68508
Garrey Carruthers	director	5258 REDMAN RD., LAS CRUCES NM 88011