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JSTI Group (SZSE:300284) Accounts Receivable : ¥4,616 Mil (As of Mar. 2024)


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What is JSTI Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. JSTI Group's accounts receivables for the quarter that ended in Mar. 2024 was ¥4,616 Mil.

Accounts receivable can be measured by Days Sales Outstanding. JSTI Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 473.76.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. JSTI Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-0.26.


JSTI Group Accounts Receivable Historical Data

The historical data trend for JSTI Group'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.

JSTI Group Accounts Receivable Chart

JSTI Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,087.75 5,086.93 4,543.52 4,338.71 4,774.56

JSTI Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4,143.87 4,444.79 4,513.79 4,774.56 4,616.39

JSTI Group Accounts Receivable Calculation

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


JSTI Group 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.

JSTI Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4616.392/889.158*91
=473.76

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

JSTI Group's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(4256.09+0.75 * 4616.392+0.5 * 69.269-7715.739
-0-368.55)/1262.83
=-0.26

* 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.


JSTI Group Accounts Receivable Related Terms

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JSTI Group (SZSE:300284) Business Description

Traded in Other Exchanges
N/A
Address
233 Shui Xi Men Street, Nanjing, CHN, 210017
JSTI Group is a global engineering consulting firm. The company's services include planning consultation, survey and design, test and inspection, project and construction management and urban management optimization, engineering and architecture, risk management of natural disasters, design, supervision, and maintenance of hydraulic infrastructures. The company offers its services for highway, rail, maritime, aviation, water, environment, architecture, industry, and government fields, as well as smart cities.
Executives
Zhu Xiao Ning Directors, executives
Wang Jun Hua Director
Pan Ling Song Secretary Dong
Fu Guan Hua Director
Ma Jian Biao Executives
Zhang Hai Jun Executives
Zhu Shao Wei Directors, executives
Cao Rong Ji Executives
Liang Xin Zheng Executives
Li Da Peng Executives
Wang Jia Qiang Executives

JSTI Group (SZSE:300284) Headlines

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