Question
How do I compute the days in accounts receivable, aging schedule, and accounts receivable as a percentage of net patient revenues for quarter 1 and
How do I compute the days in accounts receivable, aging schedule, and accounts receivable as a percentage of net patient revenues for quarter 1 and quarter 2 of fiscal year 20X2, which runs from October 20X1 through September 20X2.
Quarter 1, 20X1 Dec Nov Oct Quarter
Days outstanding 1-30 31-60 61-90 1-90
Net accounts receivable $1,000 $4,600 $14,000 $19,600
Net patient revenues $4,000 $20,000 $36,000 $60,000
Quarter 2, 20X2 Mar Feb Jan Quarter
Days outstanding 1-30 31-60 61-90 1-90
Net accounts receivable $14,000 $4,600 $1,000 $19,600
Net patient revenues $36,000 $20,000 $4,000 $60,000
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