GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Jadestone Energy PLC (LSE:JSE) » Definitions » Accounts Receivable

Jadestone Energy (LSE:JSE) Accounts Receivable : £9.9 Mil (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Jadestone Energy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Jadestone Energy's accounts receivables for the quarter that ended in Dec. 2023 was £9.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Jadestone Energy's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 10.28.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Jadestone Energy's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was £-1.25.


Jadestone Energy Accounts Receivable Historical Data

The historical data trend for Jadestone 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.

Jadestone Energy Accounts Receivable Chart

Jadestone Energy Annual Data
Trend Aug13 Aug14 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.95 0.08 24.50 5.20 9.90

Jadestone Energy Semi-Annual Data
Feb14 Aug14 Feb15 Sep15 Mar16 Sep16 Mar17 Sep17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 24.50 0.43 5.20 5.06 9.90

Jadestone Energy Accounts Receivable Calculation

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


Jadestone 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.

Jadestone Energy's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9.901/175.807*91
=10.28

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

Jadestone Energy's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(120.393+0.75 * 9.901+0.5 * 29.382-817.938
-0-0)/540.767
=-1.25

* 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.


Jadestone Energy Accounts Receivable Related Terms

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


Jadestone Energy (LSE:JSE) Business Description

Traded in Other Exchanges
Address
3 Anson Road, No. 13-01 Springleaf Tower, Singapore, SGP, 079909
Jadestone Energy PLC is an independent oil and gas production and development company focused on the Asia-Pacific region. It owns interests in the Montara project and the Stag oilfield, offshore Western Australia. In addition, it holds exploration and pre-development assets in Vietnam and other parts of Southeast Asia and has executed agreements to acquire the Maari project, offshore New Zealand, and the Lemang PSC, onshore Sumatra, Indonesia. The geographic focus of the business is Australia followed by Southeast Asia.

Jadestone Energy (LSE:JSE) Headlines

No Headlines