GENNQ (Genesis Healthcare) Change In Receivables: $126 Mil (TTM As of Dec. 2020)

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GENNQ Genesis Healthcare Inc GENNQ
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What is Genesis Healthcare Change In Receivables?

Genesis Healthcare GENNQ -99.50% 12 Change In Receivables is $126 Mil as of Dec. 2020. GuruFocus rates GENNQ with a GF Score™ of 12/100.

Genesis Healthcare's change in receivables for the quarter that ended in Dec. 2020 was $13 Mil. It means Genesis Healthcare's Accounts Receivable declined by $13 Mil from Sep. 2020 to Dec. 2020 .

Genesis Healthcare's change in receivables for the fiscal year that ended in Dec. 2020 was $126 Mil. It means Genesis Healthcare's Accounts Receivable declined by $126 Mil from Dec. 2019 to Dec. 2020 .

Genesis Healthcare's Accounts Receivable for the quarter that ended in Dec. 2020 was $427 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. Genesis Healthcare's Days Sales Outstanding for the three months ended in Dec. 2020 was 42.39.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Genesis Healthcare's liquidation value for the three months ended in Dec. 2020 was $-4,692 Mil.

Genesis Healthcare  (OTCPK:GENNQ) 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.

Genesis Healthcare's Days Sales Outstanding for the quarter that ended in Dec. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=426.927/919.061*91
=42.39

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

Genesis Healthcare's liquidation value for the quarter that ended in Dec. 2020 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=212.071-5224.493+0.75 * 426.927+0.5 * 0
=-4,692

* 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.

Genesis Healthcare Change In Receivables Related Terms

Genesis Healthcare Change In Receivables Historical Data

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The historical data trend for Genesis 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.

Genesis Healthcare Change In Receivables Chart

Genesis Healthcare Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -170.13 -86.26 66.51 45.75 125.51

Genesis Healthcare Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Change In Receivables 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 -18.87 7.32 98.65 6.19 13.35
GENNQ
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Genesis Healthcare Inc GENNQ
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Genesis 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 Dec. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $126 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $126 Mil mean?
Genesis Healthcare (GENNQ) has a Change In Receivables of $126 Mil as of Dec. 2020. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Genesis Healthcare and its competitors.
Is Genesis Healthcare's Change In Receivables too high?
Genesis Healthcare's current Change In Receivables is $126 Mil. Overall, Genesis Healthcare has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Genesis Healthcare's Change In Receivables compare to AIH and JYNT?
Genesis Healthcare's Change In Receivables of $126 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 Change In Receivables for a Healthcare Providers & Services company?
A good Change In Receivables depends on the Healthcare Providers & Services industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Genesis Healthcare and its competitors. Genesis Healthcare's current Change In Receivables is $126 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genesis Healthcare stock overvalued right now?
Genesis Healthcare (GENNQ) has a current Change In Receivables of $126 Mil. The current Change In Receivables is $126 Mil. Genesis Healthcare's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Genesis Healthcare (GENNQ), the current Change In Receivables is $126 Mil as of Dec. 2020. 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.

Genesis Healthcare Business Description

Address 101 East State Street, Kennett Square, PA, USA, 19348
Genesis Healthcare Inc is a post-acute care provider in the United States. It focuses on the medical and physical issues facing elderly patients and is provided by the employees of skilled nursing facilities, assisted/senior living communities, integrated and third-party rehabilitation therapy business. The company has three operating segments. The inpatient services segment include the operation of skilled nursing facilities and assisted/senior living facilities; rehabilitation therapy segment services include integrated and third-party rehabilitation and respiratory therapy services; and all other services. The majority of its revenue is generated from its skilled nursing facilities of the inpatient services segment.
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