G Medical Innovations Holdings (G Medical Innovations Holdings) Change In Receivables : $0.75 Mil (TTM As of Dec. 2022)

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What is G Medical Innovations Holdings Change In Receivables?

G Medical Innovations Holdings's change in receivables for the quarter that ended in Dec. 2022 was $0.79 Mil. It means G Medical Innovations Holdings's Accounts Receivable declined by $0.79 Mil from Jun. 2022 to Dec. 2022 .

G Medical Innovations Holdings's change in receivables for the fiscal year that ended in Dec. 2022 was $0.75 Mil. It means G Medical Innovations Holdings's Accounts Receivable declined by $0.75 Mil from Dec. 2021 to Dec. 2022 .

G Medical Innovations Holdings's Accounts Receivable for the quarter that ended in Dec. 2022 was $0.59 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. G Medical Innovations Holdings's Days Sales Outstanding for the six months ended in Dec. 2022 was 49.28.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. G Medical Innovations Holdings's liquidation value for the six months ended in Dec. 2022 was $-8.51 Mil.

G Medical Innovations Holdings Change In Receivables Historical Data

The historical data trend for G Medical Innovations Holdings'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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G Medical Innovations Holdings Change In Receivables Chart

G Medical Innovations Holdings Annual Data

Trend

Sep16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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0.42

-0.86

0.03

0.75

G Medical Innovations Holdings Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Change In Receivables	Get a 7-Day Free Trial							-0.87	0.54	-0.51	-0.04	0.79

G Medical Innovations Holdings 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.75 Mil.

G Medical Innovations Holdings (OTCPK:GMVDF) 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.

G Medical Innovations Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.593	/	2.196	*	91
=	49.28

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

G Medical Innovations Holdings's liquidation value for the quarter that ended in Dec. 2022 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.295	-	9.396	+	0.75 * 0.593	+	0.5 * 0.292
=	-8.51

G Medical Innovations Holdings Change In Receivables Related Terms

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G Medical Innovations Holdings (G Medical Innovations Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » G Medical Innovations Holdings Ltd (OTCPK:GMVDF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Oppenheimer Street, Rehovot, ISR, 7670105

Website

https://www.gmedinnovations.com

G Medical Innovations Holdings Ltd is a mobile health (mHealth), telemedicine solutions, and monitoring service platforms. It develops and markets clinical and consumer medical-grade health monitoring solutions and offers end-to-end support for e-health projects. The company offers a suite of both consumer and clinical grade products and platforms which are positioned to reduce inefficiencies in healthcare delivery, improve access, reduce costs, increase the quality of care, and make healthcare more personalized and precise. Its operating segment includes Products, Patient Services, and Covid-19 testing. The company generates maximum revenue from the Patient Services segment.

Executives

Awm Investment Company, Inc.

10 percent owner

527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022