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Jingbo Technology (Jingbo Technology) Change In Receivables : $-0.80 Mil (TTM As of Nov. 2023)


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What is Jingbo Technology Change In Receivables?

Jingbo Technology's change in receivables for the quarter that ended in Nov. 2023 was $0.10 Mil. It means Jingbo Technology's Accounts Receivable declined by $0.10 Mil from Aug. 2023 to Nov. 2023 .

Jingbo Technology's change in receivables for the fiscal year that ended in May. 2023 was $-0.97 Mil. It means Jingbo Technology's Accounts Receivable increased by $0.97 Mil from May. 2022 to May. 2023 .

Jingbo Technology's Accounts Receivable for the quarter that ended in Nov. 2023 was $0.45 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. Jingbo Technology's Days Sales Outstanding for the three months ended in Nov. 2023 was 105.87.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Jingbo Technology's liquidation value for the three months ended in Nov. 2023 was $-38.41 Mil.


Jingbo Technology Change In Receivables Historical Data

The historical data trend for Jingbo Technology'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.

Jingbo Technology Change In Receivables Chart

Jingbo Technology Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only - - - -0.23 -0.97

Jingbo Technology Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 -0.09 -0.26 -0.58 -0.06 0.10

Jingbo Technology 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 Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.80 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.


Jingbo Technology  (OTCPK:SVMB) 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.

Jingbo Technology's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.449/0.387*91
=105.87

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

Jingbo Technology's liquidation value for the quarter that ended in Nov. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.061-38.912+0.75 * 0.449+0.5 * 0.207
=-38.41

* 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.


Jingbo Technology Change In Receivables Related Terms

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Jingbo Technology (Jingbo Technology) Business Description

Traded in Other Exchanges
N/A
Address
Yinhu Street, Building B8, China Zhigu, Fuyang District, Hangzhou, Zhejiang, CHN
Website
SavMobi Technology Inc is a china based company engaged in the provision of commercial mobile technical support services.

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