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J D W Sugar Mills (KAR:JDWS) Accounts Receivable : ₨3,807 Mil (As of Dec. 2023)


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What is J D W Sugar Mills Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. J D W Sugar Mills's accounts receivables for the quarter that ended in Dec. 2023 was ₨3,807 Mil.

Accounts receivable can be measured by Days Sales Outstanding. J D W Sugar Mills's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 11.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. J D W Sugar Mills's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₨-466.77.


J D W Sugar Mills Accounts Receivable Historical Data

The historical data trend for J D W Sugar Mills'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.

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J D W Sugar Mills Accounts Receivable Chart

J D W Sugar Mills Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,353.46 8,742.61 4,496.93 3,920.51 3,669.80

J D W Sugar Mills Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable 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 2,933.35 6,262.58 4,744.23 3,669.80 3,807.07

J D W Sugar Mills Accounts Receivable Calculation

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


J D W Sugar Mills 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.

J D W Sugar Mills's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3807.065/29013.447*91
=11.97

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

J D W Sugar Mills'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)
=(13052.672+0.75 * 3807.065+0.5 * 40398.252-62408.58
-0-666.806)/57.7767
=-466.77

* 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.


J D W Sugar Mills Accounts Receivable Related Terms

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J D W Sugar Mills (KAR:JDWS) Business Description

Traded in Other Exchanges
N/A
Address
17 - Abid Majeed Road, Lahore Cantonment, Lahore, PB, PAK
J D W Sugar Mills Ltd engages in the manufacturing and sale of crystalline sugar, Rlectricity and managing Corporate Farms.. The company's operating segments include Sugar; Co-Generation Power; Corporate Farms and others. It generates maximum revenue from the Sugar segment. The Sugar segment is engaged in the production and sale of crystalline sugar and other related joint and by-products. Its Co-Generation Power segment includes the generation and sale of electricity to CPPA-G. The Corporate Farms segment includes managing corporate farms for the cultivation of sugarcane and a small number of other crops. The other segment involves Project under construction for manufacture / generation and sale of ethanol and energy. However, operation of paper pulp classified as disposal group.

J D W Sugar Mills (KAR:JDWS) Headlines

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