PNTG (Pennant Group) Change In Receivables : $-21.1 Mil (TTM As of Dec. 2024)

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What is Pennant Group Change In Receivables?

Pennant Group's change in receivables for the quarter that ended in Dec. 2024 was $2.4 Mil. It means Pennant Group's Accounts Receivable declined by $2.4 Mil from Sep. 2024 to Dec. 2024 .

Pennant Group's change in receivables for the fiscal year that ended in Dec. 2024 was $-21.1 Mil. It means Pennant Group's Accounts Receivable increased by $21.1 Mil from Dec. 2023 to Dec. 2024 .

Pennant Group's Accounts Receivable for the quarter that ended in Dec. 2024 was $81.3 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. Pennant Group's Days Sales Outstanding for the three months ended in Dec. 2024 was 39.28.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Pennant Group's liquidation value for the three months ended in Dec. 2024 was $-282.3 Mil.

Pennant Group Change In Receivables Historical Data

The historical data trend for Pennant Group'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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Pennant Group Change In Receivables Chart

Pennant Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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-15.71

-7.34

-0.36

-7.35

-21.09

Pennant Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Receivables	Get a 7-Day Free Trial															-1.79	-10.48	-4.95	-8.10	2.44

Pennant Group 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-21.1 Mil.

Pennant Group (NAS:PNTG) 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.

Pennant Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	81.302	/	188.892	*	91
=	39.28

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

Pennant Group's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	24.246	-	367.556	+	0.75 * 81.302	+	0.5 * 0
=	-282.3

Pennant Group Change In Receivables Related Terms

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Pennant Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Pennant Group Inc (NAS:PNTG) » Definitions » Change In Receivables

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1ZU:Germany

Address

1675 East Riverside Drive, Suite 150, Eagle, ID, USA, 83616

Website

https://www.pennantgroup.com

Pennant Group Inc is engaged in providing healthcare services to patients of all ages, including the growing senior population, in the United States. It operates in multiple lines of business including home health, hospice, and senior living which includes the company's assisted living, independent living, and memory care communities across Arizona, California, Colorado, Idaho, Montana, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin, and Wyoming. The company generates majority of its revenue from home health and hospice services segment, which includes its home health, hospice and home care businesses.

Executives

Joanne Stringfield	director	C/O THE PENNANT GROUP, INC., 1675 E. RIVERSIDE DRIVE, SUITE 120, EAGLE ID 83616
Brent Guerisoli	officer: President	1675 E RIVERSIDE DR, SUITE 150, EAGLE ID 83616
Jennifer Freeman	officer: Chief Financial Officer	C/O THE PENNANT GROUP, INC., 1675 E. RIVERSIDE DRIVE, SUITE 120, EAGLE ID 83616
Lynette Walbom	officer: Chief Financial Officer	1675 E. RIVERSIDE DR., SUITE 150, EAGLE ID 83616
John J Gochnour	officer: Chief Operating Officer	C/O THE PENNANT GROUP, INC., 1675 E. RIVERSIDE DRIVE, SUITE 100, EAGLE ID 83616
Barry M Smith	director	4800 N SCOTTSDALE RD, SUITE 5000, SCOTTSDALE AZ 85251
John G. Nackel	director	27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Christopher R. Christensen	director	27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Morris Gregory K Sr.	director	1675 E RIVERSIDE DR, SUITE 150, EAGLE ID 83616
Daniel H Walker	director, officer: See Remarks	C/O THE PENNANT GROUP, INC., 1675 E. RIVERSIDE DRIVE, STE 150, EAGLE ID 83616
Derek J Bunker	officer: See Remarks	C/O THE PENNANT GROUP, INC., 1675 E. RIVERSIDE DRIVE, STE 150, EAGLE ID 83616
Scott E Lamb	director	ICU MEDICAL, INC., 951 CALLE AMANECER, SAN CLEMENTE CA 92673
Roderic W Lewis	director
Covey Stephen M R	director
Ensign Group, Inc	10 percent owner	29222 RANCHO VIEJO RD., SUITE 127, SAN JUAN CAPISTRANO CA 92675