GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Just Kitchen Holdings Corp (FRA:68Z) » Definitions » Accounts Receivable

Just Kitchen Holdings (FRA:68Z) Accounts Receivable : €0.29 Mil (As of Mar. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Just Kitchen Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Just Kitchen Holdings's accounts receivables for the quarter that ended in Mar. 2023 was €0.29 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Just Kitchen Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2023 was 13.98.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Just Kitchen Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was €-0.03.


Just Kitchen Holdings Accounts Receivable Historical Data

The historical data trend for Just Kitchen Holdings'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.

Just Kitchen Holdings Accounts Receivable Chart

Just Kitchen Holdings Annual Data
Trend Sep20 Sep21 Sep22
Accounts Receivable
0.10 0.32 0.45

Just Kitchen Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 0.43 0.45 0.36 0.29

Just Kitchen Holdings Accounts Receivable Calculation

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


Just Kitchen Holdings 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.

Just Kitchen Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.291/1.9*91
=13.98

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

Just Kitchen Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(1.001+0.75 * 0.291+0.5 * 0.235-3.883
-0-0)/93.3214
=-0.03

* 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.


Just Kitchen Holdings Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Just Kitchen Holdings's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Just Kitchen Holdings (FRA:68Z) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6
Just Kitchen Holdings Corp is a cloud kitchen meal preparation company with operations in Taiwan, Hong Kong, Singapore, Philippines, Malaysia, and Thailand. The Company combines advanced food preparation with underused real estate and leverages online mobile application-based food ordering and delivery companies reaching wider geographies, which includes under-served markets. The company's business model combines strategically located cloud kitchens or virtual kitchens in a hub-and-spoke infrastructure throughout high-density urban areas.

Just Kitchen Holdings (FRA:68Z) Headlines

No Headlines