Jason Industries (Jason Industries) Accounts Receivable : $33.91 Mil (As of Jun. 2020)

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What is Jason Industries Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Jason Industries's accounts receivables for the quarter that ended in Jun. 2020 was $33.91 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Jason Industries's Days Sales Outstanding for the quarter that ended in Jun. 2020 was 55.04.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Jason Industries's Net-Net Working Capital per share for the quarter that ended in Jun. 2020 was $N/A.

Jason Industries Accounts Receivable Historical Data

The historical data trend for Jason Industries'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.

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Jason Industries Accounts Receivable Chart

Jason Industries Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Accounts Receivable

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79.09

77.84

68.63

36.21

33.09

Jason Industries Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Accounts Receivable	Get a 7-Day Free Trial															70.18	41.64	33.09	44.82	33.91

Jason Industries Accounts Receivable Calculation

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

Jason Industries 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.

Jason Industries's Days Sales Outstanding for the quarter that ended in Jun. 2020 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	33.907	/	56.212	*	91
=	55.04

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

Jason Industries's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2020 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)
=	(34.026	+	0.75 * 33.907	+	0.5 * 49.141	-	467.845
-	44.827	-	0)	/	0
=	N/A

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.

Jason Industries Accounts Receivable Related Terms

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Jason Industries (Jason Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jason Industries Inc (GREY:JSSNP.PFD) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

833 East Michigan Street, Suite 900, Milwaukee, WI, USA, 53202

Website

http://www.jasoninc.com

Jason Industries Inc is an industrial manufacturing company. The company's operating segment includes Industrial; Engineered Components and Fiber Solutions. It generates maximum revenue from the Industrial segment. The company serves industries such as aerospace, automotive, construction, engineering, plastic, steel, hardware, welding, shipbuilding, industrial equipment, motorcycles, and lawn and turf care. Its industrial segment's product lines are comprised of industrial brushes, polishing buffs and compounds, abrasives, and roller technology products that are used in a broad range of industrial and infrastructure applications. Geographically, it derives a majority of revenue from the United States and also has a presence in Germany; Rest of Europe; Mexico and Other Countries.