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WDGJF (John Wood Group) Accounts Receivable : $1,644 Mil (As of Jun. 2024)


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What is John Wood Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. John Wood Group's accounts receivables for the quarter that ended in Jun. 2024 was $1,644 Mil.

Accounts receivable can be measured by Days Sales Outstanding. John Wood Group's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 106.37.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. John Wood Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-3.75.


John Wood Group Accounts Receivable Historical Data

The historical data trend for John Wood 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.

John Wood Group Accounts Receivable Chart

John Wood 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 1,906.30 1,285.50 1,357.70 1,236.50 1,252.40

John Wood Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 1,490.20 1,236.50 1,699.60 1,252.40 1,643.60

John Wood Group Accounts Receivable Calculation

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


John Wood 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.

John Wood Group's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1643.6/2820*91
=106.37

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

John Wood Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(475.4+0.75 * 1643.6+0.5 * 14.8-4285.3
-0-8)/687.486
=-3.75

* 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.


John Wood Group Accounts Receivable Related Terms

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John Wood Group Business Description

Traded in Other Exchanges
Address
Hareness Road, Sir Ian Wood House, Altens Industrial Estate, Aberdeen, GBR, AB12 3LE
John Wood Group PLC is an energy services company that provides a range of engineering, production, and technical solutions across energy and materials industries. Operations are divided into four segments: The Projects segment is focused on providing front-end engineering services, procurement, and project management. The Operations segment which derives key revenue, focuses on improving operational efficiency by providing maintenance, modification, and operation services. The Consulting segment is a technical consultancy division providing advisory services, and the Investment Services manages a range of legacy or non-core businesses and investments. Geographically, the company generates revenue from the USA, Europe, and the rest of the world.