GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Johnston Press PLC (OTCPK:JHPSY) » Definitions » Accounts Receivable

Johnston Press (Johnston Press) Accounts Receivable : $26.88 Mil (As of Jun. 2018)


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

What is Johnston Press Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Johnston Press's accounts receivables for the quarter that ended in Jun. 2018 was $26.88 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Johnston Press's Days Sales Outstanding for the quarter that ended in Jun. 2018 was 39.67.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Johnston Press's Net-Net Working Capital per share for the quarter that ended in Jun. 2018 was $-13.75.


Johnston Press Accounts Receivable Historical Data

The historical data trend for Johnston Press'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.

Johnston Press Accounts Receivable Chart

Johnston Press Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.26 39.27 33.68 28.83 28.10

Johnston Press Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 48.80 28.83 40.03 28.10 26.88

Johnston Press Accounts Receivable Calculation

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


Johnston Press 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.

Johnston Press's Days Sales Outstanding for the quarter that ended in Jun. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=26.878/123.657*91
=39.67

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

Johnston Press's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2018 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)
=(23.398+0.75 * 26.878+0.5 * 2.44-335.965
-0-0)/21.18
=-13.75

* 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.


Johnston Press Accounts Receivable Related Terms

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


Johnston Press (Johnston Press) Business Description

Traded in Other Exchanges
N/A
Address
30 Queensferry Road, Orchard Brae House, Edinburgh, GBR, EH4 2HS
Johnston Press PLC is engaged in the multimedia business. The company is one of the largest local and regional multimedia organizations primarily providing news and information services at local and regional level through various publications and websites in the UK. Its business is organized in two segments namely Publishing and Contract Printing. It also manages smartphone applications, websites, and distributes lifestyle magazines. Its brands include Ballymena and Antrim Times, Banbridge Leader, Banbury Guardian, Belper News, Carrick Times, Mid-Sussex Times, Sunday Journal, Isle of Man Examiner and Yorkshire Post. Johnston Press generates most of its revenues through its publishing business.

Johnston Press (Johnston Press) Headlines

No Headlines