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FCHS (First Choice Healthcare Solutions) Accounts Receivable : $0.00 Mil (As of Dec. 2024)


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What is First Choice Healthcare Solutions Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. First Choice Healthcare Solutions's accounts receivables for the quarter that ended in Dec. 2024 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. First Choice Healthcare Solutions's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. First Choice Healthcare Solutions's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-1.12.


First Choice Healthcare Solutions Accounts Receivable Historical Data

The historical data trend for First Choice Healthcare Solutions'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.

First Choice Healthcare Solutions Accounts Receivable Chart

First Choice Healthcare Solutions Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.54 8.70 0.31 0.09 -

First Choice Healthcare Solutions Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Accounts Receivable 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 0.09 0.09 0.08 0.05 -

First Choice Healthcare Solutions Accounts Receivable Calculation

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


First Choice Healthcare Solutions 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.

First Choice Healthcare Solutions's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.02*91
=0.00

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

First Choice Healthcare Solutions'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)
=(0.02+0.75 * 0+0.5 * 0-36.983
-0-0)/32.958
=-1.12

* 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.


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.


First Choice Healthcare Solutions Accounts Receivable Related Terms

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First Choice Healthcare Solutions Business Description

Traded in Other Exchanges
N/A
Address
95 Bulldog Boulevard, Suite 202, Melbourne, FL, USA, 32901
First Choice Healthcare Solutions Inc is engaged in implementing a defined growth strategy aimed at building a network of localized, integrated healthcare services platforms comprised of primary care using doctors, nurse practitioners, health and well services (anti-aging, weight management and stem cells), rehabilitative therapy, pain management, and pharmacy- services. in markets throughout the U.S. They still provide rehabilitative services, such as Physical Therapy, but our strategy is to move to the operation of primary care and wellness clinics.
Executives
Gary Pickett officer: Chief Financial Officer 9958 LAKE SEMINOLE DR. W., LARGO FL 33773
Michael J. West other: Former Officer and Owner 16325 EAST DORADO AVE., CENTENNIAL CO 80111
Stephen H. West director, officer: Secretary 16325 EAST DORADO AVE., CENTENNIAL CO 80111

First Choice Healthcare Solutions Headlines

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