Spire Healthcare Group (LSE:SPI) Change In Receivables : £-13 Mil (TTM As of Dec. 2023)

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What is Spire Healthcare Group Change In Receivables?

Spire Healthcare Group's change in receivables for the quarter that ended in Dec. 2023 was £8 Mil. It means Spire Healthcare Group's Accounts Receivable declined by £8 Mil from Jun. 2023 to Dec. 2023 .

Spire Healthcare Group's change in receivables for the fiscal year that ended in Dec. 2023 was £-13 Mil. It means Spire Healthcare Group's Accounts Receivable increased by £13 Mil from Dec. 2022 to Dec. 2023 .

Spire Healthcare Group's Accounts Receivable for the quarter that ended in Dec. 2023 was £69 Mil.

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 Receivable are being managed. Spire Healthcare Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 18.53.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Spire Healthcare Group's liquidation value for the six months ended in Dec. 2023 was £-1,427 Mil.

Spire Healthcare Group Change In Receivables Historical Data

The historical data trend for Spire Healthcare Group's Change In Receivables 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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Spire Healthcare Group Change In Receivables Chart

Spire Healthcare Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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8.10

-15.50

1.70

-6.90

-12.70

Spire Healthcare Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															7.20	-18.10	11.20	-20.70	8.00

Spire Healthcare Group Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-13 Mil.

Spire Healthcare Group (LSE:SPI) Change In Receivables 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 Receivable are being managed.

Spire Healthcare Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	69.3	/	682.5	*	91
=	18.53

2. In Ben Graham's calculation of liquidation value, Spire Healthcare Group's accounts receivable are only considered to be worth 75% of book value:

Spire Healthcare Group's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	49.6	-	1550.3	+	0.75 * 69.3	+	0.5 * 44.3
=	-1,427

Spire Healthcare Group Change In Receivables Related Terms

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Spire Healthcare Group (LSE:SPI) Business Description

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SPIl:UK S00:Germany

Address

3 Dorset Rise, London, GBR, EC4Y 8EN

Website

https://www.spirehealthcare.com

Spire Healthcare Group PLC is an independent hospital group in the United Kingdom, with 40 private hospitals and eight clinics. It is a private provider, by volume, of knee and hip operations in the United Kingdom. The Group is a well-located and scalable hospital have delivered successful and award-winning clinical outcomes, positioning the Group well with patients, Consultants, the NHS, GPs and Private Medical Insurance providers. It treats patients through a variety of routes including PMI, Self-pay and the NHS, providing the Group with diversified access to the expected growth opportunities in the UK healthcare market, which faces significant supply challenges as a result of NHS budget constraints and increasing demand from a growing population with longer life expectancy.