JNHMF (Jack Nathan Medical) Accounts Receivable: $0.87 Mil (As of Oct. 2023)

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What is Jack Nathan Medical Accounts Receivable?

Jack Nathan Medical JNHMF -90.42% Accounts Receivable is $0.87 Mil as of Oct. 2023.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Jack Nathan Medical's accounts receivables for the quarter that ended in Oct. 2023 was $0.87 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Jack Nathan Medical's Days Sales Outstanding for the quarter that ended in Oct. 2023 was 21.98.

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

Jack Nathan Medical 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.

Jack Nathan Medical's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.868/3.603*91
=21.98

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

Jack Nathan Medical's Net-Net Working Capital Per Share for the quarter that ended in Oct. 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)
=(3.856+0.75 * 0.868+0.5 * 0-12.217
-0-0)/87.099
=-0.09

* 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.

Jack Nathan Medical Accounts Receivable Related Terms

Jack Nathan Medical Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Jack Nathan Medical'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.

Jack Nathan Medical Accounts Receivable Chart

Jack Nathan Medical Annual Data
Trend Dec18 Dec19 Jan20 Jan21 Jan22 Jan23
Accounts Receivable
Get a 7-Day Free Trial 0.00 0.05 0.12 0.66 0.00

Jack Nathan Medical Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 0.43 0.00 0.00 0.59 0.87

Jack Nathan Medical Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $0.87 Mil mean?
Jack Nathan Medical (JNHMF) has a Accounts Receivable of $0.87 Mil as of Oct. 2023. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Jack Nathan Medical and its competitors.
Is Jack Nathan Medical's Accounts Receivable too high?
Jack Nathan Medical's current Accounts Receivable is $0.87 Mil.
How does Jack Nathan Medical's Accounts Receivable compare to HCA and UHS?
Jack Nathan Medical's Accounts Receivable of $0.87 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Healthcare Providers & Services company?
A good Accounts Receivable depends on the Healthcare Providers & Services industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Jack Nathan Medical and its competitors. Jack Nathan Medical's current Accounts Receivable is $0.87 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jack Nathan Medical stock overvalued right now?
Jack Nathan Medical (JNHMF) has a current Accounts Receivable of $0.87 Mil. The current Accounts Receivable is $0.87 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Jack Nathan Medical (JNHMF), the current Accounts Receivable is $0.87 Mil as of Oct. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Jack Nathan Medical Business Description

Address 6 - 6150 Highway 7, Suite 491, Jack Nathan Health, Woodbridge, ON, CAN, L4H 0R6
Jack Nathan Medical Corp is a provider of primary care medical clinics located in Walmart Supercentres under the Jack Nathan Health brand. The company designs, builds and sets barrier-free medical clinics for physicians in high-density centers, providing patients with an opportunity to receive immediate access to quality care in modern facilities.