What does health plans — receivables net current mean?

Money owed to the health plans segment for services provided that is expected to be collected soon.

How do you interpret health plans — receivables net current?

A decrease is generally positive as it indicates faster cash conversion, while a significant increase may signal collection difficulties.

How does health plans — receivables net current compare across companies?

Comparable to 'Accounts Receivable' or 'Premium Receivables' in the insurance sector.

Molina Healthcare MOH Health Plans — Receivables Net Current

Discontinued — last reported Q4 '17

Similar metrics at other companies

THCHospital Operations — Contract with Customer, Receivable, after Allowance for Credit Loss, Current

$480M+2,900%

BMRNProduct One — Accounts Receivable Net Current

$26.01M—

DVAReportable Legal Entities — Accounts Receivable Net Current

$1.26B+3.3%

ACMReportable Legal Entities — Receivables Net Current

$2.92B+8.2%

MTCHReportable Legal Entities — Accounts Receivable Net Current

$194.71M+36.3%

ELVSelf-funded receivables, net

$5.1B-2.8%

Other financials

Income statement

See full

Revenue$10.8B-3.1%

Gross profit$1.5B-8.5%

Operating income$83.0M-80.8%

Net income$14.0M-95.3%

EPS (diluted)$0.27-95.0%

Balance sheet

See full

Cash & equivalents$5.3B+9.4%

Total debt$3.9B+4.8%

Total equity$4.1B-5.3%

Total assets$16.4B0.0%

Cash flow

See full

Operating cash flow$1.1B+469%

CapEx$27.0M+22.7%

Free cash flow$1.1B+528%

Valuation

See full

Market cap$10.18B-61.5%

Enterprise value$8.81B-67.1%

P/E15.8×-7.6×

P/S0.2×-0.4×

Profitability

See full

Gross margin12.9%-2.4pp

Operating margin3%-1.2pp

Net margin2%-0.9pp

FCF margin0.6%—

Returns & leverage

See full

Return on equity19.7%-6.7pp

Debt / equity1×+0.1×

Current ratio1.6×0.0×

Where this comes from

Reported directly by Molina Healthcare in its filing.

Tagged under the XBRL concept us-gaap:ReceivablesNetCurrent.

The official record: Molina Healthcare’s 10-K, filed March 1, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does health plans — receivables net current mean?: Money owed to the health plans segment for services provided that is expected to be collected soon.
How do you interpret health plans — receivables net current?: A decrease is generally positive as it indicates faster cash conversion, while a significant increase may signal collection difficulties.
How does health plans — receivables net current compare across companies?: Comparable to 'Accounts Receivable' or 'Premium Receivables' in the insurance sector.