GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Jui Li Enterprise Co Ltd (TPE:1512) » Definitions » Accounts Receivable

Jui Li Enterprise Co (TPE:1512) Accounts Receivable : NT$112 Mil (As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is Jui Li Enterprise Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Jui Li Enterprise Co's accounts receivables for the quarter that ended in Dec. 2023 was NT$112 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Jui Li Enterprise Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 38.21.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Jui Li Enterprise Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was NT$-14.40.


Jui Li Enterprise Co Accounts Receivable Historical Data

The historical data trend for Jui Li Enterprise Co'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.

Jui Li Enterprise Co Accounts Receivable Chart

Jui Li Enterprise Co 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 413.22 355.40 224.12 205.28 112.21

Jui Li Enterprise Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 205.28 160.87 154.72 124.64 112.21

Jui Li Enterprise Co Accounts Receivable Calculation

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


Jui Li Enterprise Co 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.

Jui Li Enterprise Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=112.207/267.939*91
=38.21

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

Jui Li Enterprise Co'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)
=(113.474+0.75 * 112.207+0.5 * 361.963-1792.841
-0-0)/98.183
=-14.40

* 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.


Jui Li Enterprise Co Accounts Receivable Related Terms

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


Jui Li Enterprise Co (TPE:1512) Business Description

Traded in Other Exchanges
N/A
Address
No. 22, Gaonan Highway, Renwu District, Kaohsiung, TWN, 81453
Jui Li Enterprise Co Ltd operates in the auto parts industry. The company produces exterior auto body parts like hood assembly, luggage assembly, rear door sash, right front door assembly, and roof cover, and AM parts like fender, bumper iron, and water tank bracket. The company is engaged in the production and sales of automobile and motorcycle stamping parts, stamping dies and jigs, and is a satellite plant of stamping parts for automobile and motorcycle manufacturers in Taiwan.

Jui Li Enterprise Co (TPE:1512) Headlines

No Headlines