Nordhealth AS (OSL:NORDH) Change In Receivables : kr-28.4 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Nordhealth AS Change In Receivables?

Nordhealth AS's change in receivables for the quarter that ended in Mar. 2024 was kr-15.9 Mil. It means Nordhealth AS's Accounts Receivable increased by kr15.9 Mil from Dec. 2023 to Mar. 2024 .

Nordhealth AS's change in receivables for the fiscal year that ended in Dec. 2023 was kr-9.9 Mil. It means Nordhealth AS's Accounts Receivable increased by kr9.9 Mil from Dec. 2022 to Dec. 2023 .

Nordhealth AS's Accounts Receivable for the quarter that ended in Mar. 2024 was kr72.4 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. Nordhealth AS's Days Sales Outstanding for the three months ended in Mar. 2024 was 56.41.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nordhealth AS's liquidation value for the three months ended in Mar. 2024 was kr160.9 Mil.

Nordhealth AS Change In Receivables Historical Data

The historical data trend for Nordhealth AS'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.

Nordhealth AS Change In Receivables Chart

Nordhealth AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

1.06

-13.00

-8.71

-9.91

Nordhealth AS Quarterly Data
	Jun20	Sep20	Dec20	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial										2.02	-26.86	27.26	-12.95	-15.88

Nordhealth AS 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 kr-28.4 Mil.

Nordhealth AS (OSL:NORDH) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	72.358	/	117.045	*	91
=	56.41

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

Nordhealth AS'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)
=	263.411	-	156.782	+	0.75 * 72.358	+	0.5 * 0
=	160.9

Nordhealth AS Change In Receivables Related Terms

Thank you for viewing the detailed overview of Nordhealth AS's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Nordhealth AS (OSL:NORDH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Nordhealth AS (OSL:NORDH) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

6E5:Germany

Address

Strandveien 50, Lysaker, Oslo, NOR, 1366

Website

https://www.nordhealth.com

Nordhealth AS is a cloud-based healthcare Software-as-a-Service business. Its flagship products are Provet Cloud and EasyPractice, both leading cloud-based Practice Management Software for veterinarians and therapists, respectively. It builds software that empowers healthcare professionals to improve patient care, increase efficiency and expand their business.

Nordhealth AS (OSL:NORDH) Headlines

No Headlines