ECXJ (CXJ Group Co) Accounts Receivable: $1.12 Mil (As of Feb. 2011)

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What is CXJ Group Co Accounts Receivable?

CXJ Group Co ECXJ Accounts Receivable is $1.12 Mil as of Feb. 2011.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CXJ Group Co's accounts receivables for the quarter that ended in Feb. 2011 was $1.12 Mil.

Accounts receivable can be measured by Days Sales Outstanding. CXJ Group Co's Days Sales Outstanding for the quarter that ended in Feb. 2011 was 65.30.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. CXJ Group Co's Net-Net Working Capital per share for the quarter that ended in Feb. 2011 was $-58.67.

CXJ Group Co 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.

CXJ Group Co's Days Sales Outstanding for the quarter that ended in Feb. 2011 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.117/1.561*91
=65.30

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

CXJ Group Co's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2011 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)
=(0.523+0.75 * 1.117+0.5 * 0-3.315
-0--0.018)/0.033
=-58.67

* 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.

CXJ Group Co Accounts Receivable Related Terms

CXJ Group Co Accounts Receivable Historical Data

* Premium members only.

The historical data trend for CXJ Group Co'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.

CXJ Group Co Accounts Receivable Chart

CXJ Group Co Annual Data
Trend May03 May04 May05 May06 May07 May08 May09 May10
Accounts Receivable
Get a 7-Day Free Trial 6.07 3.62 1.11 2.22 1.04

CXJ Group Co Quarterly Data
May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11
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 2.16 1.04 1.28 1.11 1.12

CXJ Group Co Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $1.12 Mil mean?
CXJ Group Co (ECXJ) has a Accounts Receivable of $1.12 Mil as of Feb. 2011. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on CXJ Group Co and its competitors.
Is CXJ Group Co's Accounts Receivable too high?
CXJ Group Co's current Accounts Receivable is $1.12 Mil.
How does CXJ Group Co's Accounts Receivable compare to HAS and POOL?
CXJ Group Co's Accounts Receivable of $1.12 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Retail - Cyclical company?
A good Accounts Receivable depends on the Retail - Cyclical industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on CXJ Group Co and its competitors. CXJ Group Co's current Accounts Receivable is $1.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CXJ Group Co stock overvalued right now?
CXJ Group Co (ECXJ) has a current Accounts Receivable of $1.12 Mil. The current Accounts Receivable is $1.12 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For CXJ Group Co (ECXJ), the current Accounts Receivable is $1.12 Mil as of Feb. 2011. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

CXJ Group Co Business Description

Address Xintiandi Business Center, No. 7 Anqiaogang Road, Room 401, 4th Floor, East Block Building 5, Gongshu District, Zhejiang Province, Hangzhou City, CHN, 310017
CXJ Group Co Ltd is engaged in the wholesale of automobile aftermarket products and provision of auto detailing store consultancy services. It operates through sales of automobile aftermarket products, authorization fees on its brand name Chejiangling / Teenage Hero Car, and consultancy services for auto detailing stores, including professional training, store standardization, employee training, and ERP system services for information management and operations. Its segments include Brand Name Management Fees and Services, which generate maximum revenue by providing the brand name Chejiangling / Teenage Hero Car to customers, who are authorized to operate their workshops under the Chejiangling / Teenage Hero Car brand name; Motor Oil & Auto Parts; and Exhaust Gas Cleaner and Others.