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JPMorgan Global Emerging Markets IT (LSE:JEMI) Accounts Receivable : £0.00 Mil (As of Jan. 2024)


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What is JPMorgan Global Emerging Markets IT Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. JPMorgan Global Emerging Markets IT's accounts receivables for the quarter that ended in Jan. 2024 was £0.00 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. JPMorgan Global Emerging Markets IT's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was £-0.11.


JPMorgan Global Emerging Markets IT Accounts Receivable Historical Data

The historical data trend for JPMorgan Global Emerging Markets IT'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.

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JPMorgan Global Emerging Markets IT Accounts Receivable Chart

JPMorgan Global Emerging Markets IT Annual Data
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JPMorgan Global Emerging Markets IT Semi-Annual Data
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JPMorgan Global Emerging Markets IT Accounts Receivable Calculation

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


JPMorgan Global Emerging Markets IT 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.

JPMorgan Global Emerging Markets IT's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/-9.523*91
=

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

JPMorgan Global Emerging Markets IT's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(0.876+0.75 * 0+0.5 * 0-32.312
-0-0)/295.373
=-0.11

* 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.


JPMorgan Global Emerging Markets IT Accounts Receivable Related Terms

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JPMorgan Global Emerging Markets IT (LSE:JEMI) Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan Global Emerging Markets IT PLC is an investment trust based in the United Kingdom. It delegates the management of the Trust's portfolio to JPMorgan Asset Management (UK) Limited. Its investment objective is to provide investors with a dividend income combined with the potential for long term capital growth from a diversified portfolio of emerging markets investments. The company invests in listed and unlisted equities, preference shares, debt securities, cash and cash equivalents. Its portfolio comprises companies within various sectors such as financials, information technology, telecommunication services, consumer staples, consumer discretionary, industrials, materials, energy, utilities, and healthcare.

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