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Jupiter Marine International Holdings (Jupiter Marine International Holdings) Accounts Receivable : $0.05 Mil (As of Oct. 2007)


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What is Jupiter Marine International Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Jupiter Marine International Holdings's accounts receivables for the quarter that ended in Oct. 2007 was $0.05 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Jupiter Marine International Holdings's Days Sales Outstanding for the quarter that ended in Oct. 2007 was 1.21.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Jupiter Marine International Holdings's Net-Net Working Capital per share for the quarter that ended in Oct. 2007 was $-0.10.


Jupiter Marine International Holdings Accounts Receivable Historical Data

The historical data trend for Jupiter Marine International 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.

Jupiter Marine International Holdings Accounts Receivable Chart

Jupiter Marine International Holdings Annual Data
Trend Jul01 Jul03 Jul04 Jul05 Jul06 Jul07
Accounts Receivable
Get a 7-Day Free Trial 0.15 0.02 0.17 0.18 0.05

Jupiter Marine International Holdings Quarterly Data
Oct01 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07
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 0.21 0.04 0.04 0.05 0.05

Jupiter Marine International Holdings Accounts Receivable Calculation

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


Jupiter Marine International 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.

Jupiter Marine International Holdings's Days Sales Outstanding for the quarter that ended in Oct. 2007 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.051/3.858*91
=1.21

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

Jupiter Marine International Holdings's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2007 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)
=(0.341+0.75 * 0.051+0.5 * 1.982-3.307
-0-0)/18.8639
=-0.10

* 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.


Jupiter Marine International Holdings Accounts Receivable Related Terms

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Jupiter Marine International Holdings (Jupiter Marine International Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1103 12th Avenue East, Palmetto, FL, USA, 34221
Jupiter Marine International Holdings Inc designs, manufactures and markets sport fishing boats like 29 Forward Seating Center Console, 31 Open Center Console, 31 Cuddy Cabin and 31 Forward Seating Center Console. Geographically the business activities are carried out through Palmetto, Florida.

Jupiter Marine International Holdings (Jupiter Marine International Holdings) Headlines

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