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Pro Medicus (FRA:PMC) Accounts Receivable : €29.55 Mil (As of Jun. 2024)


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What is Pro Medicus Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pro Medicus's accounts receivables for the quarter that ended in Jun. 2024 was €29.55 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Pro Medicus's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 100.09.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pro Medicus's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €0.72.


Pro Medicus Accounts Receivable Historical Data

The historical data trend for Pro Medicus'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.

Pro Medicus Accounts Receivable Chart

Pro Medicus Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.17 14.32 18.51 24.56 29.55

Pro Medicus Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 18.51 25.93 24.56 24.62 29.55

Pro Medicus Accounts Receivable Calculation

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


Pro Medicus 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.

Pro Medicus's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=29.552/53.886*91
=100.09

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

Pro Medicus's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(95.546+0.75 * 29.552+0.5 * 0.03-42.994
-0-0)/104.425
=0.72

* 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.


Pro Medicus Accounts Receivable Related Terms

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


Pro Medicus Business Description

Traded in Other Exchanges
Address
450 Swan Street, Richmond, VIC, AUS, 3121
Pro Medicus is a healthcare IT company specializing in radiology imaging software. Its main product, Visage 7, is a clinical desktop application that radiologists use to view, enhance, and manipulate images from any device and make a diagnosis. Its main customers are US private academic hospitals. In fiscal 2022, Pro Medicus earned 79% of revenue in North America, 16% from Australia, and the remaining 6% in Europe.

Pro Medicus Headlines

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