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Jiade (JDZG) Accounts Receivable : $1.45 Mil (As of Dec. 2024)


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What is Jiade Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Jiade's accounts receivables for the quarter that ended in Dec. 2024 was $1.45 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Jiade's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $0.01.

Jiade Accounts Receivable Historical Data

The historical data trend for Jiade'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.

Jiade Accounts Receivable Chart

Jiade Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Accounts Receivable
0.02 0.92 1.10 1.45

Jiade Quarterly Data
Dec21 Dec22 Sep23 Dec23 Jun24 Dec24
Accounts Receivable Get a 7-Day Free Trial 0.92 0.93 1.10 1.30 1.45

Jiade Accounts Receivable Calculation

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

Jiade 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.451/0*91
=

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

Jiade'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)
=(0.538+0.75 * 1.451+0.5 * 0-1.378
-0-0.021)/24.535
=0.01

* 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.

Jiade Accounts Receivable Related Terms

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Jiade Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Jiade Ltd (NAS:JDZG) » Definitions » Accounts Receivable
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Traded in Other Exchanges
N/A
Address
No. 1702 and 1706 Minjiang Road, Unit 2-02, Puningdun Business Plaza, Jinjiang District, Sichuan Province, Chengdu, CHN, 610000
Website
Jiade Ltd Ltd is engaged in providing one-stop comprehensive education supporting services to adult education institutions, through a wide range of software platforms and auxiliary solutions. The Group offers pre-enrollment guidance on school/selection and application development, training for entrance exams, and assistance in the application process. The Group also offers offline tutoring, exam administration services, guidance on graduation thesis, and social practice assistance in the People's Republic of China.