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Wisynco Group (XJAM:WISYNCO) Accounts Receivable : JMD5,687 Mil (As of Dec. 2024)


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What is Wisynco Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Wisynco Group's accounts receivables for the quarter that ended in Dec. 2024 was JMD5,687 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Wisynco Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 36.53.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Wisynco Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was JMD0.91.


Wisynco Group Accounts Receivable Historical Data

The historical data trend for Wisynco 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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Wisynco Group Accounts Receivable Chart

Wisynco Group Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Receivable
Get a 7-Day Free Trial 1,997.14 2,042.18 2,915.08 3,167.58 3,755.77

Wisynco Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 5,841.66 4,679.80 3,755.77 5,498.33 5,686.94

Wisynco Group Accounts Receivable Calculation

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


Wisynco 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5686.935/14205.44*91
=36.53

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

Wisynco Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(5617.337+0.75 * 5686.935+0.5 * 5658.983-9312.92
-0-0)/3750.000
=0.91

* 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.


Wisynco Group Accounts Receivable Related Terms

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Wisynco Group Business Description

Traded in Other Exchanges
N/A
Address
Lakes Pen, Spanish Town, Saint Catherine, JAM
Wisynco Group Ltd is a manufacturer and distributor. The activities of the company involve the bottling and distribution of purified water and beverages, the distribution and retailing of food items, and the provision of insurance services. The company also manufactures plastic, foam packing, and disposable products mainly used in the retail, food service, and tourism industries. The brands associated with the firm are WATA, Bigga, Boom, and CranWATA.

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