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Jade Art Group (Jade Art Group) Accounts Receivable : $0.00 Mil (As of Sep. 2010)


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What is Jade Art Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Jade Art Group's accounts receivables for the quarter that ended in Sep. 2010 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Jade Art Group's Days Sales Outstanding for the quarter that ended in Sep. 2010 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Jade Art Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2010 was $0.18.


Jade Art Group Accounts Receivable Historical Data

The historical data trend for Jade Art Group'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.

Jade Art Group Accounts Receivable Chart

Jade Art Group Annual Data
Trend Jul06 Jul07 Dec08 Dec09
Accounts Receivable
- - 1.50 7.50

Jade Art Group Quarterly Data
Oct06 Jan07 Apr07 Jul07 Oct07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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 8.40 7.50 5.99 6.83 -

Jade Art Group Accounts Receivable Calculation

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


Jade Art Group 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.

Jade Art Group's Days Sales Outstanding for the quarter that ended in Sep. 2010 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/2.331*91
=0.00

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

Jade Art Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2010 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)
=(16.271+0.75 * 0+0.5 * 0-1.937
-0-0)/79.98
=0.18

* 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.


Jade Art Group Accounts Receivable Related Terms

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Jade Art Group (Jade Art Group) Business Description

Traded in Other Exchanges
N/A
Address
1028 Highland Lakes Trace, Birmingham, AL, USA, 35242
Jade Art Group Inc is a development stage company.
Executives
Hui Ping Cheng director, officer: President C/O MY QUOTE ZONE, 6130 ELTON AVENUE, LAS VEGAS NV 89107

Jade Art Group (Jade Art Group) Headlines

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