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Jordan Investment Trust (AMM:JOIT) Accounts Receivable : JOD0.12 Mil (As of Mar. 2025)


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What is Jordan Investment Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Jordan Investment Trust's accounts receivables for the quarter that ended in Mar. 2025 was JOD0.12 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Jordan Investment Trust's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 57.27.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Jordan Investment Trust's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was JOD-0.15.


Jordan Investment Trust Accounts Receivable Historical Data

The historical data trend for Jordan Investment Trust'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.

Jordan Investment Trust Accounts Receivable Chart

Jordan Investment Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Jordan Investment Trust Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.14 0.14 0.15 - 0.12

Jordan Investment Trust Accounts Receivable Calculation

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


Jordan Investment Trust 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.

Jordan Investment Trust's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.118/0.188*91
=57.27

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Jordan Investment Trust's accounts receivable are only considered to be worth 75% of book value:

Jordan Investment Trust's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 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)
=(0.174+0.75 * 0.118+0.5 * 0-3.012
-0-1.441)/27.270
=-0.15

* 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.


Jordan Investment Trust Accounts Receivable Related Terms

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Jordan Investment Trust Business Description

Traded in Other Exchanges
N/A
Address
3rd Circle - Abed Al Monen Reyadh Street, PO Box 911447, Amman, JOR, 11191
Jordan Investment Trust PLC focuses on investing in all available fields of investment in industrial, agricultural, financial, real estate, tourism, and services sectors, and in particular, to purchase and hold shares, allotments, real estate, bonds, and manage investment portfolios. The company also provides consulting services and capital market operations services, acting as a broker in organizing the capital financing operations of its clients. Its business segments are Financial investments and Investment properties. A majority of its revenue is generated from the Financial investments segment, which engages in trading in equities and bonds, in addition to investment in associates and deposits at banks, and acts as a custodian.

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