Switch to:
JPMorgan Chase & Co (NYSE:JPM)
Change In Receivables
$4,156 Mil (As of Dec. 2014)

JPMorgan Chase & Co's change in receivables for the quarter that ended in Dec. 2014 was $4,156 Mil. It means JPMorgan Chase & Co's accounts receivables increased by $4,156 Mil from Sep. 2014 to Dec. 2014 .

JPMorgan Chase & Co's change in receivables for the fiscal year that ended in Dec. 2014 was $-3,637 Mil. It means JPMorgan Chase & Co's accounts receivables declined by $3,637 Mil from Dec. 2013 to Dec. 2014 .

JPMorgan Chase & Co's accounts receivables for the quarter that ended in Dec. 2014 was $70,079 Mil.

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 three months ended in Dec. 2014 was 284.06.

In Ben Graham’s calculation of liquidation value, Apple Inc's accounts receivables are only considered to be worth 75% of book value. JPMorgan Chase & Co's liquidation value for the three months ended in Dec. 2014 was $-1,776,194 Mil.


Definition

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.


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 Dec. 2014 is calculated as:

Days Sales Outstanding
=Account Receivable/Revenue*Days in Period
=70079/22512*91
=284.06

2. In Ben Graham’s calculation of liquidation value, JPMorgan Chase & Co's accounts receivable are only considered to be worth 75% of book value:

JPMorgan Chase & Co's liquidation value for the quarter that ended in Dec. 2014 is calculated as:

Liquidation Value
=Cash and Cash Equivalents-Total Liabilities+(0.75 * Account Receivable)+(0.5 * Inventory)
=512308-2341061+0.75 * 70079+0.5 * 0
=-1,776,194

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Days Sales Outstanding, Account Receivable, Revenue, NCAV, Cash and Cash Equivalents, Total Liabilities, Inventory


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

JPMorgan Chase & Co Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ChangeInReceivables 00010,221-6,3124438,6551,732-2,340-3,637

JPMorgan Chase & Co Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
ChangeInReceivables 2,415-12,687-6,79615,9961,147-7,599-3,6213,4274,1560
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK