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JGC Holdings (FRA:VJC) Accounts Receivable : €1,261 Mil (As of Dec. 2023)


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What is JGC Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. JGC Holdings's accounts receivables for the quarter that ended in Dec. 2023 was €1,261 Mil.

Accounts receivable can be measured by Days Sales Outstanding. JGC Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 91.34.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. JGC Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €2.75.


JGC Holdings Accounts Receivable Historical Data

The historical data trend for JGC 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.

JGC Holdings Accounts Receivable Chart

JGC Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,221.12 1,105.56 1,081.40 991.17 1,233.18

JGC Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 991.17 864.72 1,016.81 1,261.04 1,233.18

JGC Holdings Accounts Receivable Calculation

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


JGC 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.

JGC Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1261.043/1259.814*91
=91.34

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

JGC Holdings'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)
=(1870.494+0.75 * 1261.043+0.5 * 248.17-2272.873
-0-3.688)/241.541
=2.75

* 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.


JGC Holdings Accounts Receivable Related Terms

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JGC Holdings (FRA:VJC) Business Description

Traded in Other Exchanges
Address
2-3-1, Minato Mirai, Nishi-Ku, Kanagawa, Yokohama-shi, JPN, 220-6001
JGC Holdings Corp offers planning, consulting, materials procurement, construction, operation, and maintenance for various plants and facilities. In addition, it invests in oil and gas field development projects and utility businesses. The company has two operating segments: total engineering the (majority of total revenue); and catalysts and fine products. It constructs and performs tests on machinery and plants for multiple energy and industrial markets. The company utilizes engineering technology and project management capabilities. Additional sales are generated from providing operational support after completion of projects. Asia is an important region for the company, but the company also sells to Australia, the Middle East, and North America.

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