Home  Journals  International Accounting  2(536) - 2026 Februaryy

Formation of the standard level of accounts receivable for health organizations' financial management: Methodological aspects

Received: 14 January 2026

Accepted: 23 January 2026

Available online: 26 February 2026

Subject Heading: MANAGERIAL ACCOUNTING AND REPORTING

JEL Classification: М41

Pages: 20-35

https://doi.org/10.24891/tmtkbz

Subject. This article discusses the state of accounts receivable, which has a direct impact on the solvency and financial stability of healthcare organizations within the framework of the current conditions of the healthcare system.
Objectives. The article aims to develop methodological approaches to establishing the standard level of accounts receivable in the context of financial management to reduce the risk of insolvency in medical organizations.
Methods. For the study, we used analysis and synthesis, induction and deduction, as well as statistical data presentation, comparison, and logical and systems reasoning.
Results. The article reveals high inter-organizational variability in accounts receivable indicators, which significantly distorts industry benchmarks. It finds that establishing a standard level of accounts receivable without linking it to the solvency of medical organizations and the repayment period of debtor obligations does not ensure the managerial applicability of the indicator. The article proposes a comprehensive approach to determining the standard for accounts receivable based on assessing its share in the revenue base, taking into account the repayment period and the current liquidity ratio, considering the industry-specific characteristics of medical organizations and revenues from the mandatory health insurance system.
Conclusions and Relevance. It is necessary to abandon the use of average industry standards for accounts receivable in the financial management system of medical organizations and establish a standard level of debtor indebtedness based on a comprehensive approach, taking into account the duration of its repayment, the solvency of medical organizations, and the characteristics of the revenue base formation. The conclusions drawn form a methodological basis for further research in the field of regulation of current assets and the development of financial management tools in socially significant sectors of the economy. The research results are aimed at the practical activities of medical organizations.

Keywords: accounts receivable, healthcare organizations, current liquidity ratio, financial solvency, regulatory level

References:

1. Sungatullina L.B., Badgutdinova I.R. [A prospective analysis of the financial responsibility of debtors in the information environment]. Mezhdunarodnyi bukhgalterskii uchet, 2021, vol. 24, iss. 1, pp. 72–93. (In Russ.) DOI: 10.24891/ia.24.1.72 EDN: ABHYAL
2. Kozmenkova S.V., Kulikova L.I., Lyzhova A.V. [Business risks: disclosure of information in accounting reports]. Kazanskii ekonomicheskii vestnik, 2024, no. 5, pp. 32–41. (In Russ.) EDN: AFVLMP
3. Nechaeva M.L., Kutaeva T.N., Gurova E.S. [Effective accounts receivable management]. Finansy i kredit, 2022, vol. 28, iss. 1, pp. 63–80. (In Russ.) DOI: 10.24891/fc.28.1.63 EDN: BENODI
4. Popova E.E., Epishkina E.P. [Receivables management in a private medical company: problems and ways of performance improvement]. Innovatsionnoe razvitie ekonomiki, 2020, no. 1, pp. 170–177. (In Russ.) EDN: ROPMXJ
5. Kasacheva O.V., Udod V.A. [Economic essence of accounts receivable as a financial category (sectoral aspect)]. Finansy i kredit, 2021, vol. 27, iss. 4, pp. 807–832. (In Russ.) DOI: 10.24891/fc.27.4.807 EDN: LWTTSS
6. Shatina E.N., Kozmenkova S.V., Frolova E.B. [Internal control: Methodological specifics of counterparty creditworthiness checks]. Mezhdunarodnyi bukhgalterskii uchet, 2018, vol. 21, iss. 8, pp. 904–916. (In Russ.) DOI: 10.24891/ia.21.8.904 EDN: XUZOMX
7. Vasil’eva N.K., Takhumova O.V., Danilenko A.A., Khutornaya A.V. [Analysis of turnover of working capital of organizations]. Vestnik Akademii znanii, 2022, no. 50, pp. 84–91. (In Russ.) EDN: TRIDQZ
8. Oslopova M.V., Kostyuk I.E. [A methodical approach to analyzing a company's accounts receivable when assessing its solvency]. Territoriya novykh vozmozhnostei. Vestnik Vladivostokskogo gosudarstvennogo universiteta, 2025, vol. 17, no. 3, pp. 120–133. (In Russ.) DOI: 10.63973/2949-1258/2025-3/120-133 EDN: RGUCZQ
9. Safonov A.L., Ragozin A.V., Grishin V.V. [Financing of public health care for the population of the Russian Federation: to maintain multichannel or switch to a single payer system?]. Finansy: teoriya i praktika, 2022, vol. 26, no. 4, pp. 230–244. (In Russ.) DOI: 10.26794/2587-5671-2022-26-4-230-244 EDN: GNODHE
10. Endovitskii D.A., Kondrashova N.V., Golovin S.V., Churikov A.V. [Control-analytical procedures in the public health system in the context of digitalization]. Analiz. Audit, 2022, vol. 9, no. 1, pp. 42–57. (In Russ.) DOI: 10.26794/2408-9303-2022-9-1-42-57 EDN: BJOZMO
11. Vasil’eva N.K., Sidorchukova E.V., Samutina M.D., Sergeeva E.S. [Methodological tools for assessing the solvency of organizations]. Estestvenno-gumanitarnye issledovaniya, 2024, no. 2, pp. 72–78. (In Russ.) EDN: TEHGEK
12. Sungatullina L.B., Muzaftarova I.I. [Economic diagnostics of accounts receivable and payable in the internal control system of the organization]. Mezhdunarodnyi bukhgalterskii uchet, 2021, vol. 24, iss. 12, pp. 1425–1448. (In Russ.) DOI: 10.24891/ia.24.12.1425 EDN: VXSCFZ
13. Chernov V.A. [Analysis of settlements with debtors based on the quality indicator of turnover]. Analiz. Audit, 2024, vol. 11, no. 1, pp. 50–57. (In Russ.) DOI: 10.26794/2408-9303-2024-11-1-50-57 EDN: MITICK
14. Kulikova L.I., Garyntsev E.S. [Presentation and disclosure of information on receivables in the accounting (financial) statements of commercial organizations]. Mezhdunarodnyi bukhgalterskii uchet, 2022, vol. 25, iss. 6, pp. 628–645. (In Russ.) DOI: 10.24891/ia.25.6.628 EDN: QAFWLH
15. Belokurenko N.S., Zimina V.V. [The financial position of an entity as a management target]. Pravovestnik, 2019, no. 2, pp. 33–36. (In Russ.) EDN: YZQODJ
16. Drobotova O.O. [Accounts receivable in the Russian economy: regional trends]. Finansy: teoriya i praktika, 2021, vol. 25, no. 5, pp. 200–214. (In Russ.) DOI: 10.26794/2587-5671-2021-25-5-200-214 EDN: WCENGJ
17. Lytneva N.A., Parushina N.V., Popova O.A. [Assessment of the financial condition of the organization based on accounting indicators reporting]. Estestvenno-gumanitarnye issledovaniya, 2020, no. 27, pp. 279–285. (In Russ.) DOI: 10.24411/2309-4788-2020-00048 EDN: YFNRPK

View all articles of issue

ISSN 2311-9381 (Online)
ISSN 2073-5081 (Print)

Journal current issue

ISSUE 2 FEBRUARYY 2026

Archive