Unihealth Hospitals (NSE:UNIHEALTH) Accounts Receivable : ₹335.7 Mil (As of Mar. 2024)

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What is Unihealth Hospitals Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Unihealth Hospitals's accounts receivables for the quarter that ended in Mar. 2024 was ₹335.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Unihealth Hospitals's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 125.66.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Unihealth Hospitals's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹19.46.

Unihealth Hospitals Accounts Receivable Historical Data

The historical data trend for Unihealth Hospitals'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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Unihealth Hospitals Accounts Receivable Chart

Unihealth Hospitals Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

125.52

141.86

181.93

273.94

335.68

Unihealth Hospitals Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Mar24
Accounts Receivable	125.52	141.86	181.93	273.94	335.68

Unihealth Hospitals Accounts Receivable Calculation

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

Unihealth Hospitals 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.

Unihealth Hospitals's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	335.676	/	487.5	*	91
=	125.66

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

Unihealth Hospitals's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=	(285.084	+	0.75 * 335.676	+	0.5 * 20.831	-	250.028
-	0	-	-2.455)	/	15.400
=	19.46

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.

Unihealth Hospitals Accounts Receivable Related Terms

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Unihealth Hospitals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Unihealth Hospitals Ltd (NSE:UNIHEALTH) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

156 Tardeo Road, H-13 and H-14, Everest Building, Tardeo, Mumbai, MH, IND, 400034

Website

https://www.unihealthonline.com

Unihealth Hospitals Ltd Formerly Unihealth Consultancy Ltd is a healthcare service provider based out of India and has an operational presence in multiple countries across the African continent. The company is predominantly engaged in the business of medical tour operator, health consultancy services, and also trades medical equipment. Under the brand UMC Hospitals, the company operates healthcare facilities and also provides consultancy services for healthcare projects. It operates across multiple business segments, including hospitals and medical centers which derives key revenue, healthcare consultancy, pharmaceutical and medical consumables distribution, and medical value travel.

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