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Universal Health Services (Universal Health Services) Accounts Receivable : $2,299 Mil (As of Mar. 2024)


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What is Universal Health Services Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Universal Health Services's accounts receivables for the quarter that ended in Mar. 2024 was $2,299 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Universal Health Services's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 54.59.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Universal Health Services's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-85.35.


Universal Health Services Accounts Receivable Historical Data

The historical data trend for Universal Health 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.

Universal Health Services Accounts Receivable Chart

Universal Health 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 1,560.85 1,728.93 1,746.64 2,017.72 2,238.27

Universal Health Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2,032.18 2,103.48 2,234.34 2,238.27 2,299.43

Universal Health Services Accounts Receivable Calculation

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


Universal Health 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.

Universal Health Services's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2299.425/3843.582*91
=54.59

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

Universal Health Services's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(112.093+0.75 * 2299.425+0.5 * 216.058-7735.301
-0-54.134)/68.482
=-85.35

* 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.


Universal Health Services Accounts Receivable Related Terms

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Universal Health Services (Universal Health Services) Business Description

Traded in Other Exchanges
Address
367 South Gulph Road, Universal Corporate Center, P.O. Box 61558, King Of Prussia, PA, USA, 19406-0958
Universal Health Services Inc owns and operates acute care hospitals, behavior health centers, surgical hospitals, ambulatory surgery centers, and radiation oncology centers. The firm operates in two key segments: Acute Care Hospital Services and Behavioral Health Services. The Acute Care Hospital Services segment includes the firm's acute care hospitals, surgical hospitals, and surgery and oncology centers.
Executives
Warren J. Nimetz director 1301 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Steve Filton officer: Senior Vice President & CFO 367 SOUTH GULPH ROAD, KING PRUSSIA PA 19406
Marc D Miller director, officer: President 367 SOUTH GULPH ROAD, KING OF PRUSSIA PA 19406
Eileen C. Mcdonnell director 600 DRESHER ROAD, HORSHAM PA 19044
Lawrence S. Gibbs director 599 LEXINGTON AVE # 20, NEW YORK NY 10022
Edward H Sim officer: Executive Vice President 367 SOUTH GULPH ROAD, KING OF PRUSSIA PA 19406
Nina Chen-langenmayr director 211 N. 13TH STREET, 4TH FLOOR, PHILADELPHIA PA 19107
Sussman Elliot J Md Mba director
Matthew Jay Peterson officer: Executive Vice President, UHS 2824 87TH TRAIL NORTH, MINNEAPOLIS MN 55443
Maria Ruderman Singer director 245 PARK AVENUE, NEW YORK NY 10167
Robert H Hotz director C/O MIKASA, 20633 S FORDYCE AVENUE, LONG BEACH CA 90810
Marvin G. Pember officer: Senior Vice President 367 SOUTH GULPH ROAD, KING OF PRUSSIA PA 19406
Debra K Osteen officer: Senior Vice President 367 SOUTH GULPH ROAD, KING PRUSSIA PA 19406
John H Herrell director 367 SOUTH GULPH ROAD, KING PRUSSIA PA 19406
Anthony Pantaleoni director FULBRIGHT & JAWORSKI LLP, 666 FIFTH AVE, NEW YORK NY 10103