Republic Healthcare (HKSE:08357) Accounts Receivable : HK$0.38 Mil (As of Dec. 2023)

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What is Republic Healthcare Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Republic Healthcare's accounts receivables for the quarter that ended in Dec. 2023 was HK$0.38 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Republic Healthcare's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 2.78.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Republic Healthcare's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was HK$0.09.

Republic Healthcare Accounts Receivable Historical Data

The historical data trend for Republic Healthcare'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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Republic Healthcare Accounts Receivable Chart

Republic Healthcare Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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0.54

0.50

0.37

0.50

0.38

Republic Healthcare Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
Accounts Receivable	Get a 7-Day Free Trial															-	8.02	-	0.38	0.81

Republic Healthcare Accounts Receivable Calculation

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

Republic Healthcare 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.

Republic Healthcare's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.381	/	12.499	*	91
=	2.78

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

Republic Healthcare's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=	(69.966	+	0.75 * 0.381	+	0.5 * 3.266	-	16.949
-	0	-	0)	/	624.000
=	0.09

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.

Republic Healthcare Accounts Receivable Related Terms

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Republic Healthcare Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Republic Healthcare Ltd (HKSE:08357) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

201 Henderson Road, No. 07-11/12 Apex, Henderson, SGP, 159545

Website

https://www.republichealthcare.asia

Republic Healthcare Ltd is principally engaged in the clinic business in Singapore and the provision of management advisory services. The company provides healthcare services operating a network of general practice clinics, treatment solutions for common medical conditions with a focus on sexual health and infectious diseases, and operation of a medical aesthetics clinic that focuses on providing treatment solutions for common skin conditions and basic medical aesthetics services. The company provides an all-around solution from diagnosis to treatment that is tailored to patients' individual needs. The Group is engaged in the operation of medical clinics and the provision of management advisory services, pepper trading business, and healthcare-related education business.

Executives

Cher Sen Holdings Limited	2101 Beneficial owner
Rivera Vanjill Esteban	2202 Interest of your spouse
Tan Cher Sen Alan	2201 Interest of corporation controlled by you
Liu Hewen	2101 Beneficial owner

Republic Healthcare Headlines

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