DocGo (DCGOW) Accounts Receivable : $210.90 Mil (As of Dec. 2024)

View and export this data going back to 2021. Start your Free Trial

What is DocGo Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. DocGo's accounts receivables for the quarter that ended in Dec. 2024 was $210.90 Mil.

Accounts receivable can be measured by Days Sales Outstanding. DocGo's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 159.27.

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

DocGo Accounts Receivable Historical Data

The historical data trend for DocGo'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.

* Premium members only.

DocGo Accounts Receivable Chart

DocGo Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

Get a 7-Day Free Trial

24.86

78.38

103.00

262.08

210.90

DocGo Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accounts Receivable	Get a 7-Day Free Trial															262.08	283.13	257.50	233.71	210.90

DocGo Accounts Receivable Calculation

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

DocGo 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	210.9	/	120.833	*	91
=	159.27

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

DocGo'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)
=	(89.242	+	0.75 * 210.9	+	0.5 * 0	-	140.442
-	0	-	-5.738)	/	0
=	N/A

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.

DocGo Accounts Receivable Related Terms

Thank you for viewing the detailed overview of DocGo's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

DocGo Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » DocGo Inc (NAS:DCGOW) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

DCGO:USA

Address

685 Third Avenue, 9th Floor, New York, NY, USA, 10017

Website

https://www.docgo.com

DocGo Inc is a provider of last-mile mobile health services and integrated medical mobility solutions. The company uses its care delivery platform to provide mobile health services, virtual care management, and ambulance services. It has three reporting segments: Mobile Health Services, Transportation Services, and Corporate. A majority of its revenue is generated from the Mobile Health Services segment, which includes various healthcare services performed at homes, offices, and other locations and event services such as on-site healthcare support at sporting events and concerts. Geographically, the company generates a majority of its revenue from the United States and the rest from the United Kingdom.