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JMMB Group (TRN:JMMBGL) Accounts Receivable : TTD0.00 Mil (As of . 20)


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What is JMMB Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. JMMB Group's accounts receivables for the quarter that ended in . 20 was TTD0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. JMMB Group's Net-Net Working Capital per share for the quarter that ended in . 20 was TTDN/A.


JMMB Group Accounts Receivable Historical Data

The historical data trend for JMMB 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.

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JMMB Group Accounts Receivable Chart

JMMB Group Annual Data
Trend
Accounts Receivable

JMMB Group Semi-Annual Data
Accounts Receivable

JMMB Group Accounts Receivable Calculation

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


JMMB 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.

JMMB Group's Days Sales Outstanding for the quarter that ended in . 20 is calculated as:

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

JMMB Group's Net-Net Working Capital Per Share for the quarter that ended in . 20 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)
=(+0.75 * +0.5 * -N/A
--)/0
=N/A

* 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.


JMMB Group Accounts Receivable Related Terms

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JMMB Group Business Description

Address
6 Haughton Terrace, Kingston, JAM, 10
JMMB Group Ltd is engaged in holding equity investments in business enterprises. Its services include securities brokering, stock brokering, portfolio planning, funds management and investment advisory services. The operating business segments are Financial and related services, Banking and related services, and Other.

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