Enhabit (Enhabit) Accounts Receivable : $174 Mil (As of Mar. 2024)

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What is Enhabit Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Enhabit's accounts receivables for the quarter that ended in Mar. 2024 was $174 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Enhabit's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 60.61.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Enhabit's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-12.07.

Enhabit Accounts Receivable Historical Data

The historical data trend for Enhabit'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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Enhabit Accounts Receivable Chart

Enhabit Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

136.50

164.50

149.60

164.70

Enhabit Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial										156.50	147.60	167.80	164.70	174.30

Enhabit Accounts Receivable Calculation

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

Enhabit 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	174.3	/	262.4	*	91
=	60.61

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

Enhabit's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=	(36.5	+	0.75 * 174.3	+	0.5 * 0	-	740.2
-	0	-	32.7)	/	50.2
=	-12.07

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.

Enhabit Accounts Receivable Related Terms

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Enhabit (Enhabit) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Enhabit Inc (NYSE:EHAB) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

X34:Germany

Address

6688 N. Central Expressway, Suite 1300, Dallas, TX, USA, 75206

Website

https://www.ehab.com

Enhabit Inc provides home health and hospice services in the United States. It offers care where patients prefer it: in their homes. It operates business in two segments: home health and hospice. Its home health agencies provide a comprehensive range of Medicare-certified skilled home health services, including skilled nursing, physical, occupational, and speech therapy, medical social work, and home health aide services.

Executives

Jeffrey Bolton	director	1016 CIVIC CENTER DRIVE NW, ROCHESTER MN 55901
Shaw L Edward Jr	director	AETNA INC, 151 FARMINGTON AVE RC4B, HARTFORD CT 06156
Stuart M Mcguigan	director	74 AGAMENTICUS AVENUE, CAPE NEDDICK ME 03902
Barry P. Schochet	director	100 EAST RIVERCENTER BLVD, 16TH FLOOR, COVINGTON KY 41011
Dylan C Black	officer: General Counsel and Secretary	6688 CENTRAL EXPRESSWAY, SUITE 1300, DALLAS TX 75206
Langham Ronald Leroy Jr	officer: EVP Clinical Excel. & Strategy	6688 CENTRAL EXPRESSWAY, SUITE 1300, DALLAS TX 75206
Higdon Leo I Jr	director	1700 LINCOLN STREET, 28TH FLOOR, DENVER CO 80203
Gregory S Rush	director	TEKELEC, 26580 W. AGOURA RD., CALABASAS CA 91302
Tina L. Brown-stevenson	director	6688 N. CENTRAL EXPRESSWAY, SUITE 1300, DALLAS TX 75206
Erin Hoeflinger	director	511 FALLVIEW COURT, SPRINGBORO OH 45066
Tanya Renee Marion	officer: Chief Human Resources Officer	6688 NORTH CENTRAL EXPRESSWAY, SUITE 1300, DALLAS TX 75206
Charles M Elson	director	1401 61STG STREET S, STETSON UNIV COLLEGE OF LAW, ST PETERSBURG FL 33707
Barbara Ann Jacobsmeyer	director, officer: President and CEO	2122 ACTON PARK WAY, BIRMINGHAM AL 35243
Yvonne M Curl	director	C/O ENHABIT, INC., 6688 N. CENTRAL EXPRESSWAY, SUITE 1300, DALLAS TX 75206
Maupin John E Jr D D S	director	103 POWELL COURT SUITE 200, BRENTWOOD TN 37027