Enlitic (ASX:ENL) Accounts Receivable : A$1.05 Mil (As of Dec. 2024)

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What is Enlitic Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Enlitic's accounts receivables for the quarter that ended in Dec. 2024 was A$1.05 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Enlitic's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 139.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Enlitic's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was A$0.01.

Enlitic Accounts Receivable Historical Data

The historical data trend for Enlitic's Accounts Receivable 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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Enlitic Accounts Receivable Chart

Enlitic Annual Data

Trend

Dec23

Dec24

Accounts Receivable

0.10

1.05

Enlitic Semi-Annual Data
	Dec23	Jun24	Dec24
Accounts Receivable	0.10	0.10	1.05

Enlitic Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Enlitic Accounts Receivable 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 receivables are being managed.

Enlitic's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.053	/	1.382	*	91
=	139.05

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Enlitic's accounts receivable are only considered to be worth 75% of book value:

Enlitic's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(11.301	+	0.75 * 1.053	+	0.5 * 0	-	5.007
-	0	-	0)	/	583.168
=	0.01

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

Enlitic Accounts Receivable Related Terms

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Enlitic Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Enlitic Inc (ASX:ENL) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

2510 East Harmony Road, Suite 202, Fort Collins, CO, USA, 80528

Website

https://www.enlitic.com

Enlitic Inc is the AI-enabled healthcare revolution. The company has developed an intelligent data framework that powers critical workflows, orchestrates data, and enables greater comprehension of what information resides in archives thereby unlocking new revenue opportunities, generating cost savings, and improving healthcare delivery. It provides solutions for Radiologists, IT Professionals, Executives, and Researchers. The Group has two operating segments: Software includes intelligently managing healthcare data using the power of artificial intelligence to expand capacity and improve clinical workflows, etc; and Migration services Transfer large volumes of imaging data to allow for the smooth transition of software solutions for healthcare vendors and providers and Migration services.

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