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JPMorgan Chase & Co (NYSE:JPM)
Accounts Receivable
$57,649 Mil (As of Mar. 2016)

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. JPMorgan Chase & Co's accounts receivables for the quarter that ended in Mar. 2016 was $57,649 Mil.

Accounts receivable can be measured by Days Sales Outstanding. JPMorgan Chase & Co's Days Sales Outstanding for the quarter that ended in Mar. 2016 was 226.36.

In Ben Graham’s calculation of liquidation value, accounts receivable are only considered to be worth 75% of book value. JPMorgan Chase & Co's Liquidation Value for the quarter that ended in Mar. 2016 was $-1,752,006 Mil.


Definition

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days sales outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

JPMorgan Chase & Co's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as: