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JPMorgan Chase & Co (NYSE:JPM)
Change In Receivables
$676 Mil (As of Sep. 2016)

JPMorgan Chase & Co's change in receivables for the quarter that ended in Sep. 2016 was $676 Mil. It means JPMorgan Chase & Co's accounts receivables increased by $676 Mil from Jun. 2016 to Sep. 2016 .

JPMorgan Chase & Co's change in receivables for the fiscal year that ended in Dec. 2015 was $22,664 Mil. It means JPMorgan Chase & Co's accounts receivables increased by $22,664 Mil from Dec. 2014 to Dec. 2015 .

JPMorgan Chase & Co's accounts receivables for the quarter that ended in Sep. 2016 was $64,333 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 Sep. 2016 was 237.93.

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 Sep. 2016 was $-1,800,858 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 Sep. 2016 is calculated as:

Days Sales Outstanding
=Account Receivable/Revenue*Days in Period
=64333/24673*91
=237.93

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 Sep. 2016 is calculated as:

Liquidation Value
=Cash and Cash Equivalents-Total Liabilities+(0.75 * Account Receivable)+(0.5 * Inventory)
=417590-2266698+0.75 * 64333+0.5 * 0
=-1,800,858

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

JPMorgan Chase & Co Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ChangeInReceivables 0010,221-6,3124438,6551,732-2,340-3,63722,664

JPMorgan Chase & Co Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
ChangeInReceivables -3,7115,0084,156-2718111,26211,248-11,115-7,292676
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