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Jubilee Industries Holdings (SGX:NHD) Accounts Receivable : S$1.08 Mil (As of Sep. 2024)


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What is Jubilee Industries Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Jubilee Industries Holdings's accounts receivables for the quarter that ended in Sep. 2024 was S$1.08 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Jubilee Industries Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 102.16.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Jubilee Industries Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was S$0.01.


Jubilee Industries Holdings Accounts Receivable Historical Data

The historical data trend for Jubilee Industries 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.

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Jubilee Industries Holdings Accounts Receivable Chart

Jubilee Industries Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.27 28.41 17.86 1.33 0.96

Jubilee Industries Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 17.75 1.33 1.10 0.96 1.08

Jubilee Industries Holdings Accounts Receivable Calculation

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


Jubilee Industries 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.

Jubilee Industries Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.077/1.924*91
=102.16

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

Jubilee Industries Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(4.842+0.75 * 1.077+0.5 * 0.494-3.248
-0-0)/317.758
=0.01

* 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.


Jubilee Industries Holdings Accounts Receivable Related Terms

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Jubilee Industries Holdings Business Description

Traded in Other Exchanges
N/A
Address
10 Ubi Crescent Ubi Techpark, Lobby E No. 03-95, Singapore, SGP, 408564
Jubilee Industries Holdings Ltd is engaged in providing precision plastic injection mold design and related services. It organizes its business in the two primary geographic areas: Singapore and Malaysia. It is a one-stop solutions provider of precision plastic injection moulding (PPIM), and mould design & fabrication services (MDF). As an extension of PPIM services, its also offer integrated value-added services such as: Laser etching, Ultrasonic welding, Printing, Polishing; and Sub-assembly.

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