Computation of days revenue in patient accounts receivable


Question: (Computation of days' revenue in patient accounts receivable) The following information is extracted from Gamma Hospital's financial records. Compute the number of days' revenue in patient accounts receivable.

Patient accounts receivables, net              $14,710,000

Patient service revenues, gross                  97,478,000

Provision for contractual adjustments          12,609,000

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Accounting Basics: Computation of days revenue in patient accounts receivable
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