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American Shared Hospital Services (American Shared Hospital Services) Accounts Receivable : $4.34 Mil (As of Dec. 2023)


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What is American Shared Hospital Services Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. American Shared Hospital Services's accounts receivables for the quarter that ended in Dec. 2023 was $4.34 Mil.

Accounts receivable can be measured by Days Sales Outstanding. American Shared Hospital Services's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 69.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. American Shared Hospital Services's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-1.36.


American Shared Hospital Services Accounts Receivable Historical Data

The historical data trend for American Shared Hospital Services's Accounts Receivable 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.

American Shared Hospital Services Accounts Receivable Chart

American Shared Hospital Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.89 4.30 4.21 3.80 4.34

American Shared Hospital Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable 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 3.80 4.37 4.69 3.99 4.34

American Shared Hospital Services Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


American Shared Hospital Services Accounts Receivable 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 receivables are being managed.

American Shared Hospital Services's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.343/5.698*91
=69.55

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), American Shared Hospital Services's accounts receivable are only considered to be worth 75% of book value:

American Shared Hospital Services's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(13.69+0.75 * 4.343+0.5 * 0-21.883
-0-3.655)/6.3
=-1.36

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


American Shared Hospital Services Accounts Receivable Related Terms

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American Shared Hospital Services (American Shared Hospital Services) Business Description

Traded in Other Exchanges
N/A
Address
601 Montgomery, Suite 1112, San Francisco, CA, USA, 94111-2619
American Shared Hospital Services provides stereotactic radiosurgery equipment and Advanced radiation therapy and related equipment. It currently provides Gamma Knife units to medical centers and stand-alone facilities. The company, along with its subsidiaries, operates through the following operations: Gamma Knife, Advanced Radiation Therapy Equipment and Services, and Proton Beam Radiation Therapy Operations. It generates most of its revenue from the domestic market.
Executives
Robert L Hiatt officer: Chief Financial Officer C/O BARACK FERRAZZANO, 333 W WACKER #2700, CHICAGO IL 60606
Peter M Gaccione officer: Chief Operating Officer 601 MONTGOMERY STREET, SUITE 1112, SAN FRANCISCO CA 94111
Vicki L Wilson director TWO EMBARCADERO CENTER, STE 410, SAN FRANCISCO CA 94111
Kathleen Miles director TWO EMBARCADERO CENTER, STE 410, SAN FRANCISCO CA 94111
Ernest Robert Bates officer: Vice President 350 MARGARITA DRIVE, SAN RAFAEL CA 94901
Sandra Aj Lawrence director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Saim Mert Ozyurek director 2 EMBARCADERO CENTER, SUITE 410, SAN FRANCISCO CA 94111
David Larson director 80 CERRITOS AVE, SAN FRANCISCO CA 94127
Kelly Daniel G Jr director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Raymond C Stachowiak director, 10 percent owner, officer: Interim President & CEO C/O ASHS, 2 EMBARCADERO CENTER-SUITE 410, SAN FRANCISCO CA 94111
Trotman Stanley S Jr director
Craig Kenji Tagawa officer: COO/CFO 5323 SPRINGRIDGE COURT, FAIRFIELD CA 94534
Ernest A Bates director, 10 percent owner, officer: CHAIRMAN AND CEO FOUR EMBARCADERO CENTER 3620, SAN FRANCISO CA 94111-4155
American Shared Hospital Services director, 10 percent owner, officer: CHAIRMAN AND CEO 601 MONTGOMERY STREET, SUITE 1112, SAN FRANCISCO CA 94111
John F Ruffle director 77 PLEASANTVILLE ROAD, NEW VERNON NJ 07976