Jade Art Group (Jade Art Group) Change In Receivables : $2.24 Mil (TTM As of Sep. 2010)

View and export this data going back to 2007. Start your Free Trial

What is Jade Art Group Change In Receivables?

Jade Art Group's change in receivables for the quarter that ended in Sep. 2010 was $0.67 Mil. It means Jade Art Group's Accounts Receivable declined by $0.67 Mil from Jun. 2010 to Sep. 2010 .

Jade Art Group's change in receivables for the fiscal year that ended in Dec. 2009 was $-6.26 Mil. It means Jade Art Group's Accounts Receivable increased by $6.26 Mil from Dec. 2008 to Dec. 2009 .

Jade Art Group's Accounts Receivable for the quarter that ended in Sep. 2010 was $0.00 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. Jade Art Group's Days Sales Outstanding for the three months ended in Sep. 2010 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Jade Art Group's liquidation value for the three months ended in Sep. 2010 was $14.33 Mil.

Jade Art Group Change In Receivables Historical Data

The historical data trend for Jade Art Group'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.

* Premium members only.

Jade Art Group Change In Receivables Chart

Jade Art Group Annual Data

Trend

Jul06

Jul07

Dec08

Dec09

Change In Receivables

-1.61

-6.26

Jade Art Group Quarterly Data
	Oct06	Jan07	Apr07	Jul07	Oct07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
Change In Receivables	Get a 7-Day Free Trial											-6.50	0.65	1.52	-0.60	0.67

Jade Art Group 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 Sep. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.24 Mil.

Jade Art Group (OTCPK:JADA) 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.

Jade Art Group's Days Sales Outstanding for the quarter that ended in Sep. 2010 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	2.331	*	91
=	0.00

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

Jade Art Group's liquidation value for the quarter that ended in Sep. 2010 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	16.271	-	1.937	+	0.75 * 0	+	0.5 * 0
=	14.33

Jade Art Group Change In Receivables Related Terms

Thank you for viewing the detailed overview of Jade Art Group's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Jade Art Group (Jade Art Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Jade Art Group Inc (OTCPK:JADA) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

1028 Highland Lakes Trace, Birmingham, AL, USA, 35242

Website

http://jadagrp.com

Jade Art Group Inc is a development stage company.

Executives

Hui Ping Cheng

director, officer: President

C/O MY QUOTE ZONE, 6130 ELTON AVENUE, LAS VEGAS NV 89107

Jade Art Group (Jade Art Group) Headlines

From GuruFocus

Investment Analysis of Jade Art Group

By guruek Saj Karsan • 06-14-2010