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GoHealth (GoHealth) Change In Receivables : $125.1 Mil (TTM As of Dec. 2023)


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What is GoHealth Change In Receivables?

GoHealth's change in receivables for the quarter that ended in Dec. 2023 was $-3.5 Mil. It means GoHealth's Accounts Receivable increased by $3.5 Mil from Sep. 2023 to Dec. 2023 .

GoHealth's change in receivables for the fiscal year that ended in Dec. 2023 was $125.1 Mil. It means GoHealth's Accounts Receivable declined by $125.1 Mil from Dec. 2022 to Dec. 2023 .

GoHealth's Accounts Receivable for the quarter that ended in Dec. 2023 was $336.5 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. GoHealth's Days Sales Outstanding for the three months ended in Dec. 2023 was 110.96.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. GoHealth's liquidation value for the three months ended in Dec. 2023 was $-701.5 Mil.


GoHealth Change In Receivables Historical Data

The historical data trend for GoHealth'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.

* Premium members only.

GoHealth Change In Receivables Chart

GoHealth Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial - -422.94 -455.71 243.85 125.09

GoHealth Quarterly Data
Dec18 Mar19 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 145.47 73.41 15.37 39.83 -3.51

GoHealth 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $125.1 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.


GoHealth  (NAS:GOCO) 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.

GoHealth's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=336.465/276.697*91
=110.96

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

GoHealth's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=90.809-1044.615+0.75 * 336.465+0.5 * 0
=-701.5

* 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.


GoHealth Change In Receivables Related Terms

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GoHealth (GoHealth) Business Description

Traded in Other Exchanges
N/A
Address
214 West Huron Street, Chicago, IL, USA, 60654
GoHealth Inc is a health insurance marketplace in America. Its technology platform leverages modern machine-learning algorithms and helps individuals find the best health insurance plan for their specific needs. The company operates in four segments: Medicare-Internal; Medicare-External, IFP and Other-Internal; and IFP and Other-External. The Medicare segments sales Medicare Advantage, Medicare Supplement, Medicare prescription drug plans, and Medicare Special Needs Plans.
Executives
Vijay Kotte officer: Chief Executive Officer C/O R1 RCM INC., 401 N. MICHIGAN AVENUE, SUITE 2700, CHICAGO IL 60611
Mike Hargis officer: Chief Operating Officer 222 W. MERCHANDISE MART PLAZA, SUITE 1750, CHICAGO IL 60654
Jason Schulz officer: Chief Financial Officer C/O GOHEALTH, INC., 214 WEST HURON STREET, CHICAGO IL 60654
Karolina Hanna Hilu director 214 W HURON ST, CHICAGO IL 60654
Cb Blizzard Holdings C, L.p. 10 percent owner C/O CENTERBRIDGE PARTNERS, 375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152
Ccp Iii Cayman Gp Ltd. 10 percent owner C/O CENTERBRIDGE PARTNERS, L.P., 375 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10152
Cb Blizzard Lower Holdings A, L.p. 10 percent owner 375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152
Cb Blizzard Lower Holdings Gp B, Llc 10 percent owner 375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152
Cb Blizzard Lower Holdings Gp A, Llc 10 percent owner 375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152
Cb Blizzard Lower Holdings B, L.p. 10 percent owner 375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152
Christopher Litchford director 214 WEST HURON ST.,, CHICAGO IL 60654
David Fisher director 39 SOUTH LASALLE STREET, SUITE 220, CHICAGO IL 60605
Vance Cushman Johnston officer: Chief Financial Officer 1 N BRENTWOOD BLVD, ST LOUIS MO 63105
Nvx Holdings, Inc. 10 percent owner C/O GOHEALTH, INC., 214 WEST HURON STREET,11TH FLOOR, CHICAGO IL 60654
Clinton P. Jones director, 10 percent owner, officer: Chief Executive Officer GOHEALTH, INC., 214 WEST HURON STREET, CHICAGO IL 60654