Wearable Health Solutions (Wearable Health Solutions) Change In Receivables : $-0.02 Mil (TTM As of Dec. 2023)

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What is Wearable Health Solutions Change In Receivables?

Wearable Health Solutions's change in receivables for the quarter that ended in Dec. 2023 was $-0.01 Mil. It means Wearable Health Solutions's Accounts Receivable increased by $0.01 Mil from Sep. 2023 to Dec. 2023 .

Wearable Health Solutions's change in receivables for the fiscal year that ended in Jun. 2023 was $0.00 Mil. It means Wearable Health Solutions's Accounts Receivable declined by $0.00 Mil from Jun. 2022 to Jun. 2023 .

Wearable Health Solutions's Accounts Receivable for the quarter that ended in Dec. 2023 was $0.03 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. Wearable Health Solutions's Days Sales Outstanding for the three months ended in Dec. 2023 was 19.40.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Wearable Health Solutions's liquidation value for the three months ended in Dec. 2023 was $-3.16 Mil.

Wearable Health Solutions Change In Receivables Historical Data

The historical data trend for Wearable Health Solutions'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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Wearable Health Solutions Change In Receivables Chart

Wearable Health Solutions Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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0.07

-0.27

0.01

0.03

Wearable Health Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															0.01	0.01	-	-0.01	-0.01

Wearable Health Solutions 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 Mil.

Wearable Health Solutions (OTCPK:WHSI) 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.

Wearable Health Solutions's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.027	/	0.127	*	91
=	19.40

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

Wearable Health Solutions's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0	-	3.182	+	0.75 * 0.027	+	0.5 * 0.005
=	-3.16

Wearable Health Solutions Change In Receivables Related Terms

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Wearable Health Solutions (Wearable Health Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Wearable Health Solutions Inc (OTCPK:WHSI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

2901 Pacific Coast Highway, Suite 200, Newport Beach, CA, USA, 92663

Website

https://www.wearablehealthsolutions.com

Wearable Health Solutions Inc is engaged in manufacturing medical alarm devices which are used to summon help in the event of an emergency. The company provides mobile health (mHealth) products and services to be used by customers in case of an emergency. As a provider of personal emergency devices, it provides wearable healthcare products, tracking services, and turn-key solutions that enable its users to be proactive with their health, as well as safe and protected.

Executives

Sandor Capital Master Fund, L.p.

10 percent owner

2828 ROUTH STREET, SUITE 500, DALLAS TX 75201