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Ethema Health (Ethema Health) Change In Receivables : $-0.36 Mil (TTM As of Sep. 2023)


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What is Ethema Health Change In Receivables?

Ethema Health's change in receivables for the quarter that ended in Sep. 2023 was $-0.21 Mil. It means Ethema Health's Accounts Receivable increased by $0.21 Mil from Jun. 2023 to Sep. 2023 .

Ethema Health's change in receivables for the fiscal year that ended in Dec. 2022 was $-0.22 Mil. It means Ethema Health's Accounts Receivable increased by $0.22 Mil from Dec. 2021 to Dec. 2022 .

Ethema Health's Accounts Receivable for the quarter that ended in Sep. 2023 was $0.68 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. Ethema Health's Days Sales Outstanding for the three months ended in Sep. 2023 was 45.89.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ethema Health's liquidation value for the three months ended in Sep. 2023 was $-16.99 Mil.


Ethema Health Change In Receivables Historical Data

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

Ethema Health Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 0.80 0.11 - -0.22

Ethema Health Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 -0.07 -0.15 0.07 -0.21

Ethema Health 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.36 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.


Ethema Health  (OTCPK:GRST) 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.

Ethema Health's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.681/1.354*91
=45.89

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

Ethema Health's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.012-17.515+0.75 * 0.681+0.5 * 0
=-16.99

* 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.


Ethema Health Change In Receivables Related Terms

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Ethema Health (Ethema Health) Business Description

Traded in Other Exchanges
N/A
Address
950 Evernia Street, West Palm Beach, FL, USA, 33401
Ethema Health Corp is engaged in developing and operating medical clinics in Delray Beach Florida. It provides addiction and mental health treatment facilities. The company's operating segment includes Rental Operations and Rehabilitation Services provided to customers. It generates maximum revenue from the In-Patient services segment.
Executives
Shawn Edward Leon director, 10 percent owner, officer: CEO 5734 YONGE STREET, SUITE 300, NORTH YORK A6 M2M 4E7
William L Sklar officer: Chief Financial Officer 513 ROSELAWN AVENUE, TORONTO A6 M5N 1K2