GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Optimus Healthcare Svcs Inc (OTCPK:OHCS) » Definitions » Accounts Receivable

OHCS (Optimus Healthcare Svcs) Accounts Receivable : $0.25 Mil (As of Sep. 2024)


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

What is Optimus Healthcare Svcs Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Optimus Healthcare Svcs's accounts receivables for the quarter that ended in Sep. 2024 was $0.25 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Optimus Healthcare Svcs's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 58.78.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Optimus Healthcare Svcs's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-0.20.


Optimus Healthcare Svcs Accounts Receivable Historical Data

The historical data trend for Optimus Healthcare Svcs'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.

Optimus Healthcare Svcs Accounts Receivable Chart

Optimus Healthcare Svcs Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec08 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only - - 0.48 0.53 0.57

Optimus Healthcare Svcs Quarterly Data
Sep03 Mar07 Jun07 Sep07 Mar08 Jun08 Sep08 Dec08 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.57 0.57 0.43 0.60 0.25

Optimus Healthcare Svcs Accounts Receivable Calculation

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


Optimus Healthcare Svcs 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.

Optimus Healthcare Svcs's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.248/0.385*91
=58.78

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

Optimus Healthcare Svcs's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(0.152+0.75 * 0.248+0.5 * 0-9.973
-0.008--0.004)/47.907
=-0.20

* 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.


Optimus Healthcare Svcs Accounts Receivable Related Terms

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


Optimus Healthcare Svcs Business Description

Traded in Other Exchanges
N/A
Address
1400 Old Country Road, Suite 306, Westbury, NY, USA, 11590
Optimus Healthcare Svcs Inc focuses on acquiring controlling interests in healthcare-related businesses. The company is dedicated to advancing access to clinical trial research and simplifying access to vaccines and pharmaceutical products. It currently operates through its portfolio companies, Clinical Research Alliance, Inc. (CRA), and Worker's Health Rx (d/b/a "Vitality Rx"). The vision is to grow by acquiring controlling interests in healthcare-related businesses with products and services that improve healthcare access and outcomes. Optimus aims to empower physicians and patients with information and tools for informed healthcare decisions.