GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jabil Inc (STU:JBL) » Definitions » Accounts Receivable

Jabil (STU:JBL) Accounts Receivable : €2,455 Mil (As of Feb. 2024)


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

What is Jabil Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Jabil's accounts receivables for the quarter that ended in Feb. 2024 was €2,455 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Jabil's Days Sales Outstanding for the quarter that ended in Feb. 2024 was 35.71.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Jabil's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was €-56.80.


Jabil Accounts Receivable Historical Data

The historical data trend for Jabil'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.

Jabil Accounts Receivable Chart

Jabil Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,467.96 2,406.56 2,669.85 3,943.07 3,344.30

Jabil Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 3,469.81 3,311.08 3,344.30 3,412.33 2,454.70

Jabil Accounts Receivable Calculation

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


Jabil 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.

Jabil's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2454.696/6273.009*91
=35.71

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

Jabil's Net-Net Working Capital Per Share for the quarter that ended in Feb. 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)
=(2378.682+0.75 * 2454.696+0.5 * 4469.067-13409.055
-0-0)/122.441
=-56.80

* 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.


Jabil Accounts Receivable Related Terms

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


Jabil (STU:JBL) Business Description

Industry
Traded in Other Exchanges
Address
10800 Roosevelt Boulevard North, Saint Petersburg, FL, USA, 33716
Jabil Inc is a United States-based company engaged in providing manufacturing services and solutions. It provides comprehensive electronics design, production and product management services to companies in various industries and end markets.The Company derives its revenue from providing comprehensive electronics design, production and product management services. It operates in two segments. The Electronics Manufacturing Services (EMS) segment, which is the key revenue driver, is focused on leveraging IT, supply chain design and engineering, technologies largely centered on core electronics. The Diversified Manufacturing Services (DMS) segment is focused on providing engineering solutions, with an emphasis on material sciences, technologies, and healthcare.

Jabil (STU:JBL) Headlines

From GuruFocus

Q4 2021 Jabil Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2022 Jabil Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2019 Jabil Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2021 Jabil Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2024 Jabil Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2022 Jabil Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Jabil Inc Annual Shareholders Meeting Transcript

By GuruFocus Research 01-23-2024

Q2 2020 Jabil Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024