Oscar Health (Oscar Health) Change In Receivables : $19 Mil (TTM As of Mar. 2024)

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What is Oscar Health Change In Receivables?

Oscar Health's change in receivables for the quarter that ended in Mar. 2024 was $-152 Mil. It means Oscar Health's Accounts Receivable increased by $152 Mil from Dec. 2023 to Mar. 2024 .

Oscar Health's change in receivables for the fiscal year that ended in Dec. 2023 was $636 Mil. It means Oscar Health's Accounts Receivable declined by $636 Mil from Dec. 2022 to Dec. 2023 .

Oscar Health's Accounts Receivable for the quarter that ended in Mar. 2024 was $586 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. Oscar Health's Days Sales Outstanding for the three months ended in Mar. 2024 was 24.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Oscar Health's liquidation value for the three months ended in Mar. 2024 was $-98 Mil.

Oscar Health Change In Receivables Historical Data

The historical data trend for Oscar Health'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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Oscar Health Change In Receivables Chart

Oscar Health Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-339.44

-104.62

70.95

-551.15

636.23

Oscar Health Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial													464.34	87.59	68.27	16.03	-152.49

Oscar Health 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 quarterly data reported by the company within the most recent 12 months, which was $19 Mil.

Oscar Health (NYSE:OSCR) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	585.839	/	2142.839	*	91
=	24.95

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

Oscar Health'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)
=	2846.933	-	3384.566	+	0.75 * 585.839	+	0.5 * 0
=	-98

Oscar Health Change In Receivables Related Terms

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Oscar Health (Oscar Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Oscar Health Inc (NYSE:OSCR) » Definitions » Change In Receivables

Comparable Companies

ALHC CLOV BHG PFHO MRAI UNH ELV CI CVS HUM CNC MOH SZSE:000503 BSP:ODPV3 BSP:QUAL3 ROCO:6665 MIL:HI TSXV:NXG

Traded in Other Exchanges

N/A

Address

75 Varick Street, 5th Floor, New York, NY, USA, 10013

Website

https://www.hioscar.com

Oscar Health Inc is a health insurance company. The company provides various insurance plans for individuals, families, and employees. Also, the company provides virtual care, doctor support, scheduling appointments, and other related services. The company provides plans in the Medicare Advantage program to adults who are age 65 and older and eligible for traditional Medicare but who instead select coverage through a private market plan.

Executives

Alessandrea C. Quane	officer: EVP, Chief Insurance Officer	175 WATER STREET, NEW YORK NY 10038
Richard Scott Blackley	officer: Chief Financial Officer	1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
Ranmali Bopitiya	officer: EVP & Chief Legal Officer	C/O OSCAR HEALTH, INC., 75 VARICK STREET, 5TH FLOOR, NEW YORK NY 10013
Victoria Baltrus	officer: Chief Accounting Officer	C/O OSCAR HEALTH, INC., 75 VARICK STREET, 5TH FLOOR, NEW YORK NY 10013
Mario Schlosser	director, officer: Chief Executive Officer	C/O OSCAR HEALTH, INC., 75 VARICK STREET, 5TH FLOOR, NEW YORK NY 10013
Sid Sankaran	director, officer: Chief Financial Officer	180 MAIDEN LANE, NEW YORK NY 10038
Alphabet Inc.	10 percent owner	1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA 94043
Mark T Bertolini	director, officer: Chief Executive Officer	AETNA INC., 151 FARMINGTON AVENUE, HARTFORD CT 06156
William Gassen	director	75 VARICK STREET, 5TH FLOOR, NEW YORK CITY NY 10013
Laura W Lang	director	DIGITAS INC., 800 BOYLSTON STREET, BOSTON MA 02199
Dennis Weaver	officer: Chief Clinical Officer	C/O OSCAR HEALTH, INC., 75 VARICK STREET, 5TH FLOOR, NEW YORK NY 10013
Meghan V. Joyce	officer: Chief Operating Officer	THE BOSTON BEER COMPANY, INC., ONE DESIGN CENTER PL., STE. 850, BOSTON MA 02210
Thrive Partners Vii Growth Gp, Llc	10 percent owner	295 LAFAYETTE STREET, NEW YORK NY 10012
Joshua Kushner	director, 10 percent owner, officer: See Remarks	C/O OSCAR HEALTH, INC., 75 VARICK STREET, 5TH FLOOR, NEW YORK NY 10013
Thrive Partners Vii Gp, Llc	10 percent owner	295 LAFAYETTE STREET, NEW YORK NY 10012