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Jianpu Technology (Jianpu Technology) Accounts Receivable : $22.7 Mil (As of Dec. 2023)


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What is Jianpu Technology Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Jianpu Technology's accounts receivables for the quarter that ended in Dec. 2023 was $22.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Jianpu Technology's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 61.81.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Jianpu Technology's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.11.


Jianpu Technology Accounts Receivable Historical Data

The historical data trend for Jianpu Technology's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Jianpu Technology Accounts Receivable Chart

Jianpu Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 49.26 36.72 27.50 27.21 22.66

Jianpu Technology Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.21 34.24 28.82 25.62 22.66

Jianpu Technology Accounts Receivable Calculation

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


Jianpu Technology Accounts Receivable 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.

Jianpu Technology's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=22.663/33.459*91
=61.81

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Jianpu Technology's accounts receivable are only considered to be worth 75% of book value:

Jianpu Technology's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(52.732+0.75 * 22.663+0.5 * 0-72.039
-0-0.074)/21.2388
=-0.11

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Jianpu Technology Accounts Receivable Related Terms

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Jianpu Technology (Jianpu Technology) Business Description

Traded in Other Exchanges
N/A
Address
19 South Haidian Road, 5F Times Cyber Building, Haidian District, Beijing, CHN, 100086
Jianpu Technology Inc is an independent open platform for providing online discovery and recommendation services for financial products in China. The company provides users with personalized search results and recommendations services such as loan applications, credit card services, and advertising and marketing services to its financial needs and credit profile. The individual users have access to financial products through the platform, including credit cards, and wealth management products. In addition, it also offers data risk management solutions to financial service providers which help in application approval, fraud detection and prevention and other credit underwriting processes. The company generates revenues from fees charged for services for loan products.