HLTY (Precheck Health Service) Change In Receivables: $-0.04 Mil (TTM As of Sep. 2019)

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What is Precheck Health Service Change In Receivables?

Precheck Health Service HLTY Change In Receivables is $-0.04 Mil as of Sep. 2019.

Precheck Health Service's change in receivables for the quarter that ended in Sep. 2019 was $-0.00 Mil. It means Precheck Health Service's Accounts Receivable increased by $0.00 Mil from Jun. 2019 to Sep. 2019 .

Precheck Health Service's change in receivables for the fiscal year that ended in Dec. 2018 was $-0.00 Mil. It means Precheck Health Service's Accounts Receivable increased by $0.00 Mil from Dec. 2017 to Dec. 2018 .

Precheck Health Service's Accounts Receivable for the quarter that ended in Sep. 2019 was $0.04 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. Precheck Health Service's Days Sales Outstanding for the three months ended in Sep. 2019 was 56.15.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Precheck Health Service's liquidation value for the three months ended in Sep. 2019 was $-1.95 Mil.

Precheck Health Service  (GREY:HLTY) 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.

Precheck Health Service's Days Sales Outstanding for the quarter that ended in Sep. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.04/0.065*91
=56.15

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

Precheck Health Service's liquidation value for the quarter that ended in Sep. 2019 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.014-1.99+0.75 * 0.04+0.5 * 0
=-1.95

* 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.

Precheck Health Service Change In Receivables Related Terms

Precheck Health Service Change In Receivables Historical Data

* Premium members only.

The historical data trend for Precheck Health Service'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.

Precheck Health Service Change In Receivables Chart

Precheck Health Service Annual Data
Trend Dec15 Dec16 Dec17 Dec18
Change In Receivables
-0.00 0.00 0.00 -0.00

Precheck Health Service Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.00 0.00 -0.03 -0.01 -0.00

Precheck Health Service 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 Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.04 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 $-0.04 Mil mean?
Precheck Health Service (HLTY) has a Change In Receivables of $-0.04 Mil as of Sep. 2019. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Precheck Health Service and its competitors.
Is Precheck Health Service's Change In Receivables too high?
Precheck Health Service's current Change In Receivables is $-0.04 Mil.
How does Precheck Health Service's Change In Receivables compare to AEMD and ABMT?
Precheck Health Service's Change In Receivables of $-0.04 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Change In Receivables depends on the Medical Devices & Instruments 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 Precheck Health Service and its competitors. Precheck Health Service's current Change In Receivables is $-0.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Precheck Health Service stock overvalued right now?
Precheck Health Service (HLTY) has a current Change In Receivables of $-0.04 Mil. The current Change In Receivables is $-0.04 Mil. 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 Precheck Health Service (HLTY), the current Change In Receivables is $-0.04 Mil as of Sep. 2019. 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.

Precheck Health Service Business Description

Address 305 West Woodard Street, Suite 221, Denison, TX, USA, 75020
Precheck Health Service Inc operates in the distribution of medical screening device. The PC8B medical device helps in guiding the patient's health.