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Janel (JANL) Accounts Receivable : $33.7 Mil (As of Dec. 2024)


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What is Janel Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Janel's accounts receivables for the quarter that ended in Dec. 2024 was $33.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Janel's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 59.88.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Janel's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-51.73.


Janel Accounts Receivable Historical Data

The historical data trend for Janel'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.

Janel Accounts Receivable Chart

Janel Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.25 52.31 57.08 27.52 33.82

Janel Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 25.97 27.27 32.63 33.82 33.70

Janel Accounts Receivable Calculation

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


Janel 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.

Janel's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=33.697/51.354*91
=59.88

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

Janel's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 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)
=(2.35+0.75 * 33.697+0.5 * 4.635-91.293
-0-0)/1.186
=-51.73

* 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.


Janel Accounts Receivable Related Terms

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Janel Business Description

Traded in Other Exchanges
N/A
Address
80 Eighth Avenue, New York, NY, USA, 10011
Janel Corp is a holding company. The company's operating segments include Logistics Services, Manufacturing, and Life Sciences. The logistics Services segment is a full-service provider of cargo transportation logistics management services, including freight forwarding via air, ocean, land-based carriers, customs brokerage services, warehousing, and distribution services. The Manufacturing segment manufactures and distributes industrial mixing equipment and apparatus for specific applications within various industries. The Life Sciences segment manufactures and distributes monoclonal and polyclonal antibodies, diagnostic reagents, and other immunoreagents for biomedical research. It generates maximum revenue from the Logistics Services segment.
Executives
Gregory B Graves director 129 CONCORD ROAD, BILLERICA MA 01821
Gonzalez John Joseph Ii 10 percent owner, officer: SR Managing Director NE Region 7 PARSONS LANDING, ISLIP NY 11751
Kesteren Gerard Van director 80 EIGHTH AVENUE, NEW YORK NY 10011
Dominique Schulte 10 percent owner 68 BANK STREET, NEW YORK NY 10014
Brendan James Killackey director 80 EIGHTH AVENUE, NEW YORK NY 10011
Oaxaca Group L.l.c. 10 percent owner 68 BANK STREET, NEW YORK NY 10014
Vincent Verde officer: CFO C/O JANEL CORPORATION, 303 MERRICK ROAD, SUITE 400, LYNBROOK NY 11563
Ryan Karen Miller director 2260 S ADAMS, DENVER CO 80210
John Eidinger 10 percent owner 80 EIGHTH AVENUE, NEW YORK NY 10011
Gregory J Melsen director 614 MCKINLEY PLACE NE, MINNEAPOLIS MN 55413
James N Jannello 10 percent owner 303 MERRICK ROAD - SUITE 200, LYNBROOK NY 11563
Carlos Pla officer: CFO 303 MERRICK ROAD, SUITE 400, LYNBROOK NY 11563
Brian Aronson officer: CFO 745 BOULEVARD EAST, WEEHAWKEN NJ 07086
Nicholas V Ferrara director 303 MERRICK ROAD - SUITE 200, LYNBROOK NY 11563
Philip J Dubato officer: EVP of Finance 303 MERRICK ROAD - SUITE 200, LYNBROOK NY 11563