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Jones Energy (Jones Energy) Accounts Receivable : $33.95 Mil (As of Dec. 2018)


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What is Jones Energy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Jones Energy's accounts receivables for the quarter that ended in Dec. 2018 was $33.95 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Jones Energy's Days Sales Outstanding for the quarter that ended in Dec. 2018 was 57.50.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Jones Energy's Net-Net Working Capital per share for the quarter that ended in Dec. 2018 was $N/A.


Jones Energy Accounts Receivable Historical Data

The historical data trend for Jones Energy'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.

Jones Energy Accounts Receivable Chart

Jones Energy Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 51.48 19.29 26.57 34.49 33.95

Jones Energy Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 34.49 35.70 39.99 38.61 33.95

Jones Energy Accounts Receivable Calculation

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


Jones Energy 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.

Jones Energy's Days Sales Outstanding for the quarter that ended in Dec. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=33.954/53.887*91
=57.50

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

Jones Energy's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(58.464+0.75 * 33.954+0.5 * 0-1116.839
-93.719--7.688)/0
=N/A

* 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.


Jones Energy Accounts Receivable Related Terms

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Jones Energy (Jones Energy) Business Description

Traded in Other Exchanges
N/A
Address
807 Las Cimas Parkway, Suite 350, Austin, TX, USA, 78746
Jones Energy Inc is an oil and natural gas exploration, development and production company. It conducts its operations in the Anadarko basin. The company specializes in drillings horizontal well and has drilled over 930 total wells as operator, including nearly 760 horizontal wells since its formation. The firm recognizes its revenues from the sale of crude oil, natural gas, and natural gas liquids.
Executives
Louis Spencer Wells director 2935 PACIFIC AVENUE, SAN FRANCISCO CA 94115
Tara Lewis director 807 LAS CIMAS PARKWAY, SUITE 350, AUSTIN TX 78746
Kirk Goehring officer: Vice President of Strategy 807 LAS CIMAS PARKWAY, SUITE 350, AUSTIN TX 78746
Thomas Hester officer: VP of Finance and Secretary 807 LAS CIMAS PARKWAY, SUITE 350, AUSTIN TX 78746
Carl Fredrick Giesler officer: Chief Executive Officer 10000 ENERGY DRIVE, P. O. BOX 12359, SPRING TX 77391-2359
Loyd Paul B Jr director 500 DALLAS STREET, SUITE 2300, HOUSTON TX 77002
Scott Mccarty director 301 COMMERCE STREET, SUITE 2975, FORT WORTH TX 76102
Renegade Swish, Llc director 301 COMMERCE STREET, SUITE 3200, FORT WORTH TX 76102
Q Global Advisors, Llc director 301 COMMERCE STREET, SUITE 3200, FORT WORTH TX 76102
Q Global Capital Management, L.p. director 301 COMMERCE STREET, SUITE 3200, FORT WORTH TX 76102
Geoffrey Raynor director 301 COMMERCE STREET, SUITE 3200, FORT WORTH TX 76102
Metalmark Capital Partners Ii Gp, L.p. director, 10 percent owner 1177 AVENUE OF THE AMERICAS, 40TH FLOOR, NEW YORK NY 10036
Metalmark Capital Ii Llc director, 10 percent owner 1177 AVENUE OF THE AMERICAS, 40TH FLOOR, NEW YORK NY 10036
Jeffrey Alan Tanner officer: Executive V. P. - Geosciences 807 LAS CIMAS PARKWAY, SUITE 350, AUSTIN TX 78746
Robb L. Voyles director 3000 N. SAM HOUSTON PARKWAY E., HOUSTON TX 77032