Jin Medical International (Jin Medical International) Change In Receivables : $-0.38 Mil (TTM As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Jin Medical International Change In Receivables?

Jin Medical International's change in receivables for the quarter that ended in Sep. 2023 was $-0.27 Mil. It means Jin Medical International's Accounts Receivable increased by $0.27 Mil from Mar. 2023 to Sep. 2023 .

Jin Medical International's change in receivables for the fiscal year that ended in Sep. 2023 was $-0.38 Mil. It means Jin Medical International's Accounts Receivable increased by $0.38 Mil from Sep. 2022 to Sep. 2023 .

Jin Medical International's Accounts Receivable for the quarter that ended in Sep. 2023 was $4.23 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. Jin Medical International's Days Sales Outstanding for the six months ended in Sep. 2023 was 80.70.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Jin Medical International's liquidation value for the six months ended in Sep. 2023 was $13.47 Mil.

Jin Medical International Change In Receivables Historical Data

The historical data trend for Jin Medical International'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.

* Premium members only.

Jin Medical International Change In Receivables Chart

Jin Medical International Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Change In Receivables

1.13

3.08

0.33

-0.38

Jin Medical International Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial			1.04	1.09	-0.75	-0.10	-0.27

Jin Medical International 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.38 Mil.

Jin Medical International (NAS:ZJYL) 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.

Jin Medical International's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4.231	/	9.568	*	91
=	80.70

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

Jin Medical International's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	16.698	-	8.924	+	0.75 * 4.231	+	0.5 * 5.053
=	13.47

Jin Medical International Change In Receivables Related Terms

Thank you for viewing the detailed overview of Jin Medical International's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Jin Medical International (Jin Medical International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Jin Medical International Ltd (NAS:ZJYL) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 33 Lingxiang Road,, Wujin District, Jiangsu Province, Changzhou City, CHN, KY1-1205

Website

Jin Medical International Ltd offers rehabilitation equipment. It is primarily engaged in the design, development, manufacturing, and sales of wheelchair and other living aids products to be used by people with disabilities or impaired mobility. The Company's products are sold to distributors in both China and in overseas markets. Its product offerings comprise Wheelechaire serirs, Bath products, oxygen machines, nursing products, and conlo products.