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Jowell Global (Jowell Global) Accounts Receivable : $2.4 Mil (As of Dec. 2023)


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What is Jowell Global Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Jowell Global's accounts receivables for the quarter that ended in Dec. 2023 was $2.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Jowell Global's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 5.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Jowell Global's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-1.34.


Jowell Global Accounts Receivable Historical Data

The historical data trend for Jowell Global'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.

Jowell Global Accounts Receivable Chart

Jowell Global Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial - 0.99 4.97 6.49 2.45

Jowell Global Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 4.97 4.72 6.49 4.34 2.45

Jowell Global Accounts Receivable Calculation

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


Jowell Global 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.448/75.603*91
=5.91

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

Jowell Global'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)
=(1.25+0.75 * 2.448+0.5 * 8.198-10.085
-0-0.012)/2.17048
=-1.34

* 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.


Jowell Global Accounts Receivable Related Terms

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Jowell Global (Jowell Global) Business Description

Traded in Other Exchanges
N/A
Address
No. 285 Jiangpu Road, 2nd Floor, Yangpu District, Shanghai, CHN, 200082
Jowell Global Ltd is a cosmetics, health and nutritional supplements, and household products e-commerce platform. It operates under Online Direct Sales, Authorized Retail Store Distribution, Third-party Merchants, and Live streaming marketing sales channels. The company's major merchandise categories are Cosmetic products, Health and nutritional supplements, and Household Products.