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Cleopatra Hospital Co (CAI:CLHO) Accounts Receivable : E£648 Mil (As of Dec. 2023)


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What is Cleopatra Hospital Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cleopatra Hospital Co's accounts receivables for the quarter that ended in Dec. 2023 was E£648 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Cleopatra Hospital Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 55.65.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Cleopatra Hospital Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was E£-0.86.


Cleopatra Hospital Co Accounts Receivable Historical Data

The historical data trend for Cleopatra Hospital Co'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.

Cleopatra Hospital Co Accounts Receivable Chart

Cleopatra Hospital Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 337.15 418.76 383.32 486.33 648.47

Cleopatra Hospital Co 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 486.33 569.75 659.84 679.32 648.47

Cleopatra Hospital Co Accounts Receivable Calculation

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


Cleopatra Hospital Co 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.

Cleopatra Hospital Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=648.472/1063.252*91
=55.65

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

Cleopatra Hospital Co'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)
=(357.897+0.75 * 648.472+0.5 * 291.998-2041.777
-0-196.467)/1445.43
=-0.86

* 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.


Cleopatra Hospital Co Accounts Receivable Related Terms

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Cleopatra Hospital Co (CAI:CLHO) Business Description

Traded in Other Exchanges
N/A
Address
39 Cleopatra street, Opposite Maidan Salahuddin Square Almazah, Heliopolis, Cairo, EGY
Cleopatra Hospital Co is a private hospital in Egypt. The company provides health and medical services, as well as the medical care of inpatients. Its operating segment based on hospitals includes Cleopatra Hospital Company, Cairo Specialised Hospital, Nile Badrawi Hospital, Al Shorouk Hospital, CHG for Medical Services, CHG Pharma for pharmacies management, CHG for Hospitals, Queens Hospitals and Al Kateb Hospitals. It generates maximum revenue from the Cleopatra Hospital Company segment. The company derives revenue from Accommodation and medical supervision, Surgeries, Outpatient clinics, Laboratories, Cardiac catheterization, Service charge, Radiology, Emergency, Oncology center, Pharmacy, Dentistry, Physiotherapy, Endoscopy, Cardiac tests, and Other services.

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