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JCY International Bhd (JCY International Bhd) Accounts Receivable : $30.7 Mil (As of Dec. 2023)


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What is JCY International Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. JCY International Bhd's accounts receivables for the quarter that ended in Dec. 2023 was $30.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. JCY International Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 102.85.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. JCY International Bhd's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.03.


JCY International Bhd Accounts Receivable Historical Data

The historical data trend for JCY International Bhd'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.

JCY International Bhd Accounts Receivable Chart

JCY International Bhd Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.46 58.15 52.94 23.43 35.66

JCY International Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 25.51 22.53 28.46 35.66 30.66

JCY International Bhd Accounts Receivable Calculation

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


JCY International Bhd 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.

JCY International Bhd's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=30.661/27.203*91
=102.85

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

JCY International Bhd'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)
=(31.736+0.75 * 30.661+0.5 * 44.618-20.71
-0-0)/2065.593
=0.03

* 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.


JCY International Bhd Accounts Receivable Related Terms

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JCY International Bhd (JCY International Bhd) Business Description

Traded in Other Exchanges
Address
No. 3, Jalan Firma 3, Kawasan Perindustrian Tebrau IV, Johor Bahru, JHR, MYS, 81100
JCY International Bhd and its subsidiaries are in the business of investment holding and manufacturing & trading of hard disk drive components. The company operates in Malaysia, Thailand, and other segments. It derives the majority of its revenues from Malaysia. Its products include LED Light Bulbs, Solar Micro Inverters, Baseplates, Solid State Drive Enclosures, Covers, Heat Sinks, Prototype Hog Out, Hard Disk Drive Cover, Separator Plates, Actuator Arm Body, Form-In-Place Gasket and others.

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