MDVLQ (MedAvail Holdings) Accounts Receivable: $0.29 Mil (As of Jun. 2023)

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MDVLQ MedAvail Holdings Inc MDVLQ
12 GF Score
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What is MedAvail Holdings Accounts Receivable?

MedAvail Holdings MDVLQ 12 Accounts Receivable is $0.29 Mil as of Jun. 2023. GuruFocus rates MDVLQ with a GF Score™ of 12/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. MedAvail Holdings's accounts receivables for the quarter that ended in Jun. 2023 was $0.29 Mil.

Accounts receivable can be measured by Days Sales Outstanding. MedAvail Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 65.79.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. MedAvail Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $8.32.

MedAvail 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.

MedAvail Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.292/0.405*91
=65.79

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

MedAvail Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(15.035+0.75 * 0.292+0.5 * 10.065-6.863
-0-0)/1.61387
=8.32

* 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.

MedAvail Holdings Accounts Receivable Related Terms

MedAvail Holdings Accounts Receivable Historical Data

* Premium members only.

The historical data trend for MedAvail 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.

MedAvail Holdings Accounts Receivable Chart

MedAvail Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Accounts Receivable
0.42 1.52 1.19 2.21

MedAvail Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 2.08 2.26 2.21 0.21 0.29
MDVLQ
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MedAvail Holdings Inc MDVLQ
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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MedAvail Holdings 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 $0.29 Mil mean?
MedAvail Holdings (MDVLQ) has a Accounts Receivable of $0.29 Mil as of Jun. 2023. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on MedAvail Holdings and its competitors.
Is MedAvail Holdings' Accounts Receivable too high?
MedAvail Holdings' current Accounts Receivable is $0.29 Mil. Overall, MedAvail Holdings has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does MedAvail Holdings' Accounts Receivable compare to HEWA and BIMI?
MedAvail Holdings' Accounts Receivable of $0.29 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 MedAvail Holdings and its competitors. MedAvail Holdings's current Accounts Receivable is $0.29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MedAvail Holdings stock overvalued right now?
MedAvail Holdings (MDVLQ) has a current Accounts Receivable of $0.29 Mil. The current Accounts Receivable is $0.29 Mil. MedAvail Holdings' overall GF Score™ is 12/100. 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 MedAvail Holdings (MDVLQ), the current Accounts Receivable is $0.29 Mil as of Jun. 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.

MedAvail Holdings Business Description

Address 4720 East Cotton Gin Loop, Suite 220, Phoenix, AZ, USA, 85040
MedAvail Holdings Inc is a telehealth-enabled pharmacy technology company. It operates in two segments: Retail Pharmacy Services and Pharmacy Technology. It generates the majority of revenue from the Retail Pharmacy Services segment, which is into operating SpotRx, a full-service retail pharmacy utilizing MedAvail's automated pharmacy technology, servicing Medicare patients in the United States. The Pharmacy Technology segment develops and commercializes the MedCenter for direct sale or lease to third-party customers.
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