HSCHF (H-Source Holdings) Receivables Turnover: 1.09 (As of Sep. 2020)

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What is H-Source Holdings Receivables Turnover?

H-Source Holdings HSCHF -90.00% Receivables Turnover is 1.09 as of Sep. 2020.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. H-Source Holdings's Revenue for the three months ended in Sep. 2020 was $0.04 Mil. H-Source Holdings's average Accounts Receivable for the three months ended in Sep. 2020 was $0.04 Mil. Hence, H-Source Holdings's Receivables Turnover for the three months ended in Sep. 2020 was 1.09.


H-Source Holdings  (OTCPK:HSCHF) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


H-Source Holdings Receivables Turnover Related Terms


H-Source Holdings Receivables Turnover Historical Data

* Premium members only.

The historical data trend for H-Source Holdings's Receivables Turnover 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.

H-Source Holdings Receivables Turnover Chart

H-Source Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Receivables Turnover
Get a 7-Day Free Trial 0.00 0.00 12.36 10.37 4.37

H-Source Holdings Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Receivables Turnover 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 1.16 0.38 3.36 0.15 1.09

HSCHF vs VEEV, CERN, TDOC: Receivables Turnover Comparison

For the Health Information Services subindustry, H-Source Holdings's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


H-Source Holdings Receivables Turnover vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, H-Source Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where H-Source Holdings's Receivables Turnover falls into.



H-Source Holdings Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

H-Source Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Receivables Turnover (A: Dec. 2019 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2019 ) / ((Accounts Receivable (A: Dec. 2018 ) + Accounts Receivable (A: Dec. 2019 )) / count )
=0.62 / ((0.208 + 0.076) / 2 )
=0.62 / 0.142
=4.37

H-Source Holdings's Receivables Turnover for the quarter that ended in Sep. 2020 is calculated as

Receivables Turnover (Q: Sep. 2020 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2020 ) / ((Accounts Receivable (Q: Jun. 2020 ) + Accounts Receivable (Q: Sep. 2020 )) / count )
=0.043 / ((0.05 + 0.029) / 2 )
=0.043 / 0.0395
=1.09

* 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 Receivables Turnover →
What does a Receivables Turnover of 1.09 mean?
H-Source Holdings (HSCHF) has a Receivables Turnover of 1.09 as of Sep. 2020. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on H-Source Holdings and its competitors.
Is H-Source Holdings' Receivables Turnover too high?
H-Source Holdings' current Receivables Turnover is 1.09. The Healthcare Providers & Services industry median Receivables Turnover is 7.73. H-Source Holdings' value of 1.09 is 85.9% below this industry median.
How does H-Source Holdings' Receivables Turnover compare to VEEV and CERN?
H-Source Holdings' Receivables Turnover of 1.09 can be compared against companies in the Healthcare Providers & Services industry. The industry median Receivables Turnover is 7.73. H-Source Holdings' value of 1.09 is 85.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Healthcare Providers & Services company?
The median Receivables Turnover among Healthcare Providers & Services companies is 7.73, based on 658 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. H-Source Holdings's current Receivables Turnover of 1.09 is 85.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on H-Source Holdings and its competitors. For the Healthcare Providers & Services industry, the median Receivables Turnover is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H-Source Holdings's current Receivables Turnover is 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H-Source Holdings stock overvalued right now?
H-Source Holdings (HSCHF) has a current Receivables Turnover of 1.09. The current Receivables Turnover is 1.09 and 85.9% below the Healthcare Providers & Services industry median of 7.73. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For H-Source Holdings (HSCHF), the current Receivables Turnover is 1.09 as of Sep. 2020. 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.

H-Source Holdings Business Description

Address 120 N. Pine Street, Suite 170, Spokane, WA, USA, 99202
H-Source Holdings Ltd is a technology company which has an experience in hospital and supply chain systems. The firm has developed a digital platform and network to operate in the healthcare industry and offers a private, hospital-to-hospital marketplace that allows members to buy, sell, and transfer inventory supplies and capital equipment with each other. Members can conduct secure transactions within Integrated Delivery Networks (IDNs), Group Purchasing Organizations (GPOs) or customize their own group of hospitals using the company's built-in filters to reduce health care costs and medical products waste.