Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Premier Health of America Inc V.PHA

Premier Health of America Inc. is a Canadian healthtech company. The Company provides a comprehensive range of outsourced service solutions for healthcare needs to governments, corporations, and individuals. The Company uses its proprietary LiPHe platform to lead the healthcare services sector in digital transformation to provide patients with more accessible care services. The Company operates through two segments: Per Diem and Travel Nurses. The Per Diem segment includes Premier Soin and Code Bleu, two of its Quebec subsidiaries that offer their respective services for nursing and assistance by profile and by region. The Travel nurse segment includes Canadian Health Care Agency, Premier Soin Nordik, Solutions Nursing as well as Solutions Staffing, four of its subsidiaries that offer their respective services to the federal and provincial governments for nursing and assistance, including in remote regions.


TSXV:PHA - Post by User

Comment by Torontojayon Jun 07, 2023 6:59pm
67 Views
Post# 35485444

RE:RE:RE:RE:Acumen

RE:RE:RE:RE:Acumen

In the last 6 months, changes in non cash working capital is -$6,940,055 and this is due to accounts receivables not being collected fast enough to offset cash outflows. 

In the last 12 months, changes in non cash working capital is - $9,400,396. 

If this reverses, then we could see a positive swing in our favour of up to $9,400,396. This would leave working capital at a healthy positive number while simultaneously using that money to pay down debt. 

The receivables, which is reducing our free cash flow, eventually gets collected and this pushes forward free cash flow numbers much higher than the trend. 

<< Previous
Bullboard Posts
Next >>