Sienna Senior Living (Sienna Senior Living) Accounts Receivable : $12.0 Mil (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Sienna Senior Living Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sienna Senior Living's accounts receivables for the quarter that ended in Dec. 2023 was $12.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sienna Senior Living's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 6.98.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sienna Senior Living's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-13.13.

Sienna Senior Living Accounts Receivable Historical Data

The historical data trend for Sienna Senior Living'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.

Sienna Senior Living Accounts Receivable Chart

Sienna Senior Living Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

10.29

14.12

16.77

12.88

12.01

Sienna Senior Living Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															12.88	11.48	11.48	10.88	12.01

Sienna Senior Living Accounts Receivable Calculation

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

Sienna Senior Living 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.

Sienna Senior Living's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	12.009	/	157.083	*	91
=	6.98

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

Sienna Senior Living'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)
=	(18.19	+	0.75 * 12.009	+	0.5 * 0	-	985.072
-	0	-	0)	/	72.9672
=	-13.13

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.

Sienna Senior Living Accounts Receivable Related Terms

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

Sienna Senior Living (Sienna Senior Living) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Sienna Senior Living Inc (OTCPK:LWSCF) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

636:Germany SIA:Canada

Address

302 Town Centre Boulevard, Suite 300, Markham, ON, CAN, L3R 0E8

Website

https://www.siennaliving.ca

Sienna Senior Living Inc is one of the largest owners of seniors' housing, the largest licensed long-term care operator in Ontario, and a provider of services across the full continuum of care. The firm operates solely within Canada. The company is comprised of the following main business segments, LTC Business, Retirement, and Other. LTC business division consists of approximately 34 LTC residences in the Province of Ontario, eight seniors' living residences located in the Province of British Columbia and the LTC management services business. The group derives a majority of its revenue from LTC segment.