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JPMorgan Global Core Real Assets (LSE:JARA) Accounts Receivable : £0.00 Mil (As of Aug. 2023)


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What is JPMorgan Global Core Real Assets Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. JPMorgan Global Core Real Assets's accounts receivables for the quarter that ended in Aug. 2023 was £0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. JPMorgan Global Core Real Assets's Net-Net Working Capital per share for the quarter that ended in Aug. 2023 was £0.02.


JPMorgan Global Core Real Assets Accounts Receivable Historical Data

The historical data trend for JPMorgan Global Core Real Assets'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.

JPMorgan Global Core Real Assets Accounts Receivable Chart

JPMorgan Global Core Real Assets Annual Data
Trend Feb20 Feb21 Feb22 Feb23
Accounts Receivable
- - - -

JPMorgan Global Core Real Assets Semi-Annual Data
Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Accounts Receivable Get a 7-Day Free Trial - - - - -

JPMorgan Global Core Real Assets Accounts Receivable Calculation

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


JPMorgan Global Core Real Assets 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.

JPMorgan Global Core Real Assets's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/-9.45*91
=

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

JPMorgan Global Core Real Assets's Net-Net Working Capital Per Share for the quarter that ended in Aug. 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)
=(4.056+0.75 * 0+0.5 * 0-0.632
-0-0)/218.008
=0.02

* 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.


JPMorgan Global Core Real Assets Accounts Receivable Related Terms

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JPMorgan Global Core Real Assets (LSE:JARA) Business Description

Traded in Other Exchanges
Address
Level 3, Mill Court, La Charroterie, Saint Peter Port, GGY, GY1 1EJ
JPMorgan Global Core Real Assets Ltd is a closed-ended investment company. It seeks to provide shareholders with stable income and capital appreciation from exposure to a diversified portfolio of Core Real Assets.

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