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JMIH (Jupiter Marine International Holdings) Change In Receivables : $0.16 Mil (TTM As of Oct. 2007)


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What is Jupiter Marine International Holdings Change In Receivables?

Jupiter Marine International Holdings's change in receivables for the quarter that ended in Oct. 2007 was $-0.00 Mil. It means Jupiter Marine International Holdings's Accounts Receivable increased by $0.00 Mil from Jul. 2007 to Oct. 2007 .

Jupiter Marine International Holdings's change in receivables for the fiscal year that ended in Jul. 2007 was $0.13 Mil. It means Jupiter Marine International Holdings's Accounts Receivable declined by $0.13 Mil from Jul. 2006 to Jul. 2007 .

Jupiter Marine International Holdings's Accounts Receivable for the quarter that ended in Oct. 2007 was $0.05 Mil.

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 Receivable are being managed. Jupiter Marine International Holdings's Days Sales Outstanding for the three months ended in Oct. 2007 was 1.21.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Jupiter Marine International Holdings's liquidation value for the three months ended in Oct. 2007 was $-1.94 Mil.


Jupiter Marine International Holdings Change In Receivables Historical Data

The historical data trend for Jupiter Marine International Holdings's Change In Receivables 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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Jupiter Marine International Holdings Change In Receivables Chart

Jupiter Marine International Holdings Annual Data
Trend Jul01 Jul03 Jul04 Jul05 Jul06 Jul07
Change In Receivables
Get a 7-Day Free Trial -0.12 0.14 -0.16 - 0.13

Jupiter Marine International Holdings Quarterly Data
Oct01 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07
Change In Receivables 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 -0.03 0.17 -0.01 - -

Jupiter Marine International Holdings Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Oct. 2007 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.16 Mil.

* 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.


Jupiter Marine International Holdings  (OTCPK:JMIH) Change In Receivables 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 Receivable are being managed.

Jupiter Marine International Holdings's Days Sales Outstanding for the quarter that ended in Oct. 2007 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.051/3.858*91
=1.21

2. In Ben Graham's calculation of liquidation value, Jupiter Marine International Holdings's accounts receivable are only considered to be worth 75% of book value:

Jupiter Marine International Holdings's liquidation value for the quarter that ended in Oct. 2007 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.341-3.307+0.75 * 0.051+0.5 * 1.982
=-1.94

* 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.


Jupiter Marine International Holdings Change In Receivables Related Terms

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Jupiter Marine International Holdings Business Description

Traded in Other Exchanges
N/A
Address
1103 12th Avenue East, Palmetto, FL, USA, 34221
Jupiter Marine International Holdings Inc designs, manufactures and markets sport fishing boats like 29 Forward Seating Center Console, 31 Open Center Console, 31 Cuddy Cabin and 31 Forward Seating Center Console. Geographically the business activities are carried out through Palmetto, Florida.

Jupiter Marine International Holdings Headlines

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