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Medi Assist Healthcare Services (NSE:MEDIASSIST) Change In Receivables : ₹-411 Mil (TTM As of Mar. 2024)


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What is Medi Assist Healthcare Services Change In Receivables?

Medi Assist Healthcare Services's change in receivables for the quarter that ended in Mar. 2024 was ₹433 Mil. It means Medi Assist Healthcare Services's Accounts Receivable declined by ₹433 Mil from Sep. 2023 to Mar. 2024 .

Medi Assist Healthcare Services's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-411 Mil. It means Medi Assist Healthcare Services's Accounts Receivable increased by ₹411 Mil from Mar. 2023 to Mar. 2024 .

Medi Assist Healthcare Services's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹1,786 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. Medi Assist Healthcare Services's Days Sales Outstanding for the six months ended in Mar. 2024 was 97.96.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Medi Assist Healthcare Services's liquidation value for the six months ended in Mar. 2024 was ₹312 Mil.

Medi Assist Healthcare Services Change In Receivables Historical Data

The historical data trend for Medi Assist Healthcare Services'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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Medi Assist Healthcare Services Change In Receivables Chart

Medi Assist Healthcare Services Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Change In Receivables
81.93 0.41 36.66 -411.17

Medi Assist Healthcare Services Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Change In Receivables Get a 7-Day Free Trial - -112.31 148.97 -844.45 433.28

Medi Assist Healthcare Services 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-411 Mil.

* 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.

Medi Assist Healthcare Services  (NSE:MEDIASSIST) 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.

Medi Assist Healthcare 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
=1786.25/3327.69*91
=97.96

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

Medi Assist Healthcare Services's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2665.23-3692.5+0.75 * 1786.25+0.5 * 0
=312

* 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.

Medi Assist Healthcare Services Change In Receivables Related Terms

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Medi Assist Healthcare Services (NSE:MEDIASSIST) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Medi Assist Healthcare Services Ltd (NSE:MEDIASSIST) » Definitions » Change In Receivables
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Medi Assist Healthcare Services Ltd is a HealthTech and InsurTech company focused on administering health benefits across employers, retail members, and public health schemes. Its clients are insurance companies and also serve as an intermediary between (a) general and health insurance companies and the insured members, (b) insurance companies and healthcare providers (such as hospitals), and (c) the Government and beneficiaries of public health schemes. The company derives income by providing health management services, software subscription, software license services, consultancy services and other allied services pertaining to healthcare and health insurance sector. It also offers business support services and other technical services.

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