PPJE (PPJ Healthcare Enterprises) Change In Receivables: $0.00 Mil (TTM As of Dec. 2009)

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What is PPJ Healthcare Enterprises Change In Receivables?

PPJ Healthcare Enterprises PPJE -98.00% Change In Receivables is $0.00 Mil as of Dec. 2009.

PPJ Healthcare Enterprises's change in receivables for the quarter that ended in Dec. 2009 was $0.00 Mil. It means PPJ Healthcare Enterprises's Accounts Receivable stayed the same from Dec. 2008 to Dec. 2009 .

PPJ Healthcare Enterprises's change in receivables for the fiscal year that ended in Dec. 2009 was $0.00 Mil. It means PPJ Healthcare Enterprises's Accounts Receivable stayed the same from Dec. 2008 to Dec. 2009 .

PPJ Healthcare Enterprises's Accounts Receivable for the quarter that ended in Dec. 2009 was $0.38 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. PPJ Healthcare Enterprises's Days Sales Outstanding for the six months ended in Dec. 2009 was 461.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. PPJ Healthcare Enterprises's liquidation value for the six months ended in Dec. 2009 was $-8.78 Mil.

PPJ Healthcare Enterprises  (OTCPK:PPJE) 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.

PPJ Healthcare Enterprises's Days Sales Outstanding for the quarter that ended in Dec. 2009 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.384/0.152*91
=461.05

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

PPJ Healthcare Enterprises's liquidation value for the quarter that ended in Dec. 2009 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-9.092+0.75 * 0.384+0.5 * 0.055
=-8.78

* 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.

PPJ Healthcare Enterprises Change In Receivables Related Terms

PPJ Healthcare Enterprises Change In Receivables Historical Data

* Premium members only.

The historical data trend for PPJ Healthcare Enterprises'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.

PPJ Healthcare Enterprises Change In Receivables Chart

PPJ Healthcare Enterprises Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Change In Receivables
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

PPJ Healthcare Enterprises Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Change In Receivables Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

PPJ Healthcare Enterprises 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2009 was $0.00 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 $0.00 Mil mean?
PPJ Healthcare Enterprises (PPJE) has a Change In Receivables of $0.00 Mil as of Dec. 2009. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for PPJ Healthcare Enterprises and its competitors.
Is PPJ Healthcare Enterprises' Change In Receivables too high?
PPJ Healthcare Enterprises' current Change In Receivables is $0.00 Mil.
How does PPJ Healthcare Enterprises' Change In Receivables compare to LOGQ and MDFI?
PPJ Healthcare Enterprises' Change In Receivables of $0.00 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Change In Receivables depends on the Healthcare Providers & Services 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 PPJ Healthcare Enterprises and its competitors. PPJ Healthcare Enterprises's current Change In Receivables is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PPJ Healthcare Enterprises stock overvalued right now?
PPJ Healthcare Enterprises (PPJE) has a current Change In Receivables of $0.00 Mil. The current Change In Receivables is $0.00 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 PPJ Healthcare Enterprises (PPJE), the current Change In Receivables is $0.00 Mil as of Dec. 2009. 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.

PPJ Healthcare Enterprises Business Description

Address 402 Jackson Street, Suite 2340, Tampa, FL, USA, 33602
PPJ Healthcare Enterprises Inc engages in joint venturing with doctors in setting up new practices, marketing, and management of pain management practices and blood culture labs. The company also engages in the development and testing of medical marijuana, medical cannabis products, and medical billing specialties in anesthesiology. The projects of the company include automated biller, medical billing service, pain management center, and Lab testing.