National Healthcare (National Healthcare) Bad Debt Percentage of Revenue % : 0.00% (As of . 20)

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What is National Healthcare Bad Debt Percentage of Revenue %?

Bad Debt Percentage of Revenue % can be used to estimate the company’s bad debt value. If the company’s bad debt percentage is from historical data, the metric can be used as an indicator of a company's receivable management ability. Under the requirements of transparency and accuracy, lower Bad Debt Percentage of Revenue is better.

The historical rank and industry rank for National Healthcare's Bad Debt Percentage of Revenue % or its related term are showing as below:

NHC.PRA.PFD's Bad Debt Percentage of Revenue % is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median:
* Ranked among companies with meaningful Bad Debt Percentage of Revenue % only.

National Healthcare Bad Debt Percentage of Revenue % Historical Data

The historical data trend for National Healthcare's Bad Debt Percentage of Revenue % 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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National Healthcare Bad Debt Percentage of Revenue % Chart

National Healthcare (AMEX:NHC.PRA.PFD) Bad Debt Percentage of Revenue % Calculation

Companies usually use Bad Debt Percentage of Revenue % to estimate their bad debt. The initial estimates of a company's bad debt allowance is typically based upon past performance. The formula is:

Bad Debt Percentage of Revenue %

( Uncollectible sales

Revenue )

100 %

National Healthcare (AMEX:NHC.PRA.PFD) Bad Debt Percentage of Revenue % Explanation

A bad debt expense is recognized when a receivable is no longer collectible because a customer is unable to fulfill their obligation to pay an outstanding debt due to bankruptcy or other financial problems.

The analysis of bad debt should be combined with the allowance and adjustment the company made of the fiscal year. If the company’s Bad Debt Percentage of Revenue % kept increasing, the company’s profitability should be questioned. However, abnormal low ratios are also worth attention because it may be a sign of fiscal report manipulation.

National Healthcare Bad Debt Percentage of Revenue % Related Terms

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National Healthcare (National Healthcare) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » National Healthcare Corp (AMEX:NHC.PRA.PFD) » Definitions » Bad Debt Percentage of Revenue %

Comparable Companies

Traded in Other Exchanges

NHC:USA

Address

100 East Vine Street, Murfreesboro, TN, USA, 37130

Website

https://www.nhccare.com

National Healthcare Corp Provides long-term care facilities. Its principal business includes the operation of skilled nursing facilities, assisted living facilities, independent living facilities, and home care programs. The company's activities include providing sub-acute and post-acute skilled nursing care, intermediate nursing care, rehabilitative care, memory and Alzheimer's care, senior living services, and home health care services. In addition, the company also provides management services, accounting, and financial services, as well as insurance services to third-party operators of healthcare facilities. Its reportable segments include Inpatient services, and Home care hospice services. Generating, a majority of its revenue from Inpatient services.