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Janashakthi Insurance Co (COL:JINS.N0000) Change In Receivables : රු394 Mil (TTM As of Dec. 2023)


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What is Janashakthi Insurance Co Change In Receivables?

Janashakthi Insurance Co's change in receivables for the quarter that ended in Dec. 2023 was රු856 Mil. It means Janashakthi Insurance Co's Accounts Receivable declined by රු856 Mil from Sep. 2023 to Dec. 2023 .

Janashakthi Insurance Co's change in receivables for the fiscal year that ended in Dec. 2023 was රු394 Mil. It means Janashakthi Insurance Co's Accounts Receivable declined by රු394 Mil from Dec. 2022 to Dec. 2023 .

Janashakthi Insurance Co's Accounts Receivable for the quarter that ended in Dec. 2023 was රු295 Mil.

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 Receivable are being managed. Janashakthi Insurance Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 11.66.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Janashakthi Insurance Co's liquidation value for the three months ended in Dec. 2023 was රු-15,786 Mil.


Janashakthi Insurance Co Change In Receivables Historical Data

The historical data trend for Janashakthi Insurance Co's Change In Receivables 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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Janashakthi Insurance Co Change In Receivables Chart

Janashakthi Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -29.86 -203.62 198.31 -873.33 393.88

Janashakthi Insurance Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Receivables 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 -945.29 357.72 -823.07 2.78 856.45

Janashakthi Insurance Co Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was රු394 Mil.

* 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.


Janashakthi Insurance Co  (COL:JINS.N0000) Change In Receivables 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 Receivable are being managed.

Janashakthi Insurance Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=295.017/2309.053*91
=11.66

2. In Ben Graham's calculation of liquidation value, Janashakthi Insurance Co's accounts receivable are only considered to be worth 75% of book value:

Janashakthi Insurance Co's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=4592.786-20600.293+0.75 * 295.017+0.5 * 0
=-15,786

* 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.


Janashakthi Insurance Co Change In Receivables Related Terms

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Janashakthi Insurance Co (COL:JINS.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 75, Kumaran Ratnam Road, P.O. Box 1672, Colombo, LKA, 02
Janashakthi Insurance Co PLC is an insurance company. The company only operates in a Life Insurance business. Life insurance contracts offered by the Company include whole life, term assurance, retirement plans, critical illness benefit, endowment plans, disability insurance, surgery benefit, and daily hospital cash.

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