Fortis Healthcare (BOM:532843) Change In Receivables : ₹0 Mil (TTM As of Mar. 2024)

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What is Fortis Healthcare Change In Receivables?

Fortis Healthcare's change in receivables for the quarter that ended in Mar. 2024 was ₹0 Mil. It means Fortis Healthcare's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Fortis Healthcare's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-1,108 Mil. It means Fortis Healthcare's Accounts Receivable increased by ₹1,108 Mil from Mar. 2023 to Mar. 2024 .

Fortis Healthcare's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹6,278 Mil.

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 Receivable are being managed. Fortis Healthcare's Days Sales Outstanding for the three months ended in Mar. 2024 was 32.08.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Fortis Healthcare's liquidation value for the three months ended in Mar. 2024 was ₹-35,720 Mil.

Fortis Healthcare Change In Receivables Historical Data

The historical data trend for Fortis Healthcare's Change In Receivables 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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Fortis Healthcare Change In Receivables Chart

Fortis Healthcare Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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-215.82

40.79

-975.55

-1,507.90

-1,107.60

Fortis Healthcare Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Fortis Healthcare Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

Fortis Healthcare (BOM:532843) Change In Receivables 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 Receivable are being managed.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	6278.3	/	17858.8	*	91
=	32.08

2. In Ben Graham's calculation of liquidation value, Fortis Healthcare's accounts receivable are only considered to be worth 75% of book value:

Fortis Healthcare's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	6360.3	-	47326.4	+	0.75 * 6278.3	+	0.5 * 1074.2
=	-35,720

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Fortis Healthcare (BOM:532843) Business Description

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FORTIS:India

Address

Tower - A, Unitech Business Park, Block - F, South City 1, Sector - 41, Gurugram, HR, IND, 122001

Website

https://www.fortishealthcare.com

Fortis Healthcare Ltd provides integrated healthcare delivery services in India. The company manages healthcare centers including hospitals, diagnostics, and day care specialty facilities. The company's most prominent specialty in its hospital business is cardiac sciences. The Company is primarily engaged in the business of healthcare services which is the only reportable segment. The company's key hospitals include Fortis Escorts Heart Institute in Dehli, Fortis Mulund in Mumbai, and Fortis Hospital in Bengaluru. A majority of the company's revenue is derived from India.

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