HealthLynked (HealthLynked) Accounts Receivable : $0.03 Mil (As of Mar. 2024)

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What is HealthLynked Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. HealthLynked's accounts receivables for the quarter that ended in Mar. 2024 was $0.03 Mil.

Accounts receivable can be measured by Days Sales Outstanding. HealthLynked's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 3.09.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. HealthLynked's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.01.

HealthLynked Accounts Receivable Historical Data

The historical data trend for HealthLynked'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.

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HealthLynked Accounts Receivable Chart

HealthLynked Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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0.08

0.09

0.07

0.02

HealthLynked 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															0.05	0.04	0.04	0.02	0.03

HealthLynked Accounts Receivable Calculation

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

HealthLynked 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.034	/	1.004	*	91
=	3.09

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

HealthLynked'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)
=	(0.023	+	0.75 * 0.034	+	0.5 * 0.136	-	3.669
-	0.003	-	0)	/	281.065
=	-0.01

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.

HealthLynked Accounts Receivable Related Terms

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HealthLynked (HealthLynked) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » HealthLynked Corp (OTCPK:HLYK) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1265 Creekside Parkway, Suite 302, Naples, FL, USA, 34108

Website

https://www.healthlynked.com

HealthLynked Corp operates a cloud-based online personal medical information and records archiving system for patients and doctors to keep track of medical information via the Internet in a cloud-based system. It operates in four segments: Health Services, Digital Healthcare, ACO/MCO, and Medical Distribution. The majority of its revenue is generated from the Health Services segment, which is into operations of Naples Women's Center, Naples Center for Functional Medicine, and Bridging the Gap Physical Therapy.

Executives

Robert P Gasparini	director	12701 COMMONWEALTH DRIVE, SUITE 9, FORT MYERS FL 33913
Daniel L. Hall	director	C/O HEALTHLYNKED CORP., 1035 COLLIER CENTER WAY SUITE 3, NAPLES FL 34110
Heather Monahan	director	520 WEST AVE., #1704, MIAMI BEACH FL 33139
Paul Hobaica	director	1265 CREEKSIDE PARKWAY, SUITE 302, NAPLES FL 34108
Robert P. Mino	director	1072 LAKESHORE DR., JUPITER FL 33458
George O'leary	director, officer: Chief Financial Officer	C/O ISONICS CORPORATION, 5906 MCINTYRE STREET, GOLDEN CO 80403
Michael T Dent	director, 10 percent owner, officer: Chief Executive Officer	12701 COMMONWEALTH DRIVE, SUITE 9, FORT MYERS FL 33913