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H-Source Holdings (H-Source Holdings) Accounts Receivable : $0.03 Mil (As of Sep. 2020)


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What is H-Source Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. H-Source Holdings's accounts receivables for the quarter that ended in Sep. 2020 was $0.03 Mil.

Accounts receivable can be measured by Days Sales Outstanding. H-Source Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2020 was 61.54.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. H-Source Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2020 was $-0.05.


H-Source Holdings Accounts Receivable Historical Data

The historical data trend for H-Source Holdings'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.

H-Source Holdings Accounts Receivable Chart

H-Source Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Accounts Receivable
Get a 7-Day Free Trial 0.03 0.01 0.04 0.21 0.08

H-Source Holdings Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 0.16 0.08 0.15 0.05 0.03

H-Source Holdings Accounts Receivable Calculation

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


H-Source Holdings 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.

H-Source Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.029/0.043*91
=61.54

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

H-Source Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2020 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)
=(0.017+0.75 * 0.029+0.5 * 0.083-5.502
-0-0)/117.64
=-0.05

* 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.


H-Source Holdings Accounts Receivable Related Terms

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H-Source Holdings (H-Source Holdings) Business Description

Traded in Other Exchanges
N/A
Address
120 N. Pine Street, Suite 170, Spokane, WA, USA, 99202
H-Source Holdings Ltd is a technology company which has significant experience in hospital and supply chain systems. The firm has developed a digital platform and network to operate in the healthcare industry and offers a private, hospital-to-hospital marketplace that allows members to buy, sell, and transfer inventory supplies and capital equipment with each other. Members can conduct secure transactions within Integrated Delivery Networks (IDNs), Group Purchasing Organizations (GPOs) or customize their own group of hospitals using the company's built-in filters to reduce health care costs and medical products waste.

H-Source Holdings (H-Source Holdings) Headlines

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