GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » John Bean Technologies Corp (NYSE:JBT) » Definitions » Accounts Receivable

John Bean Technologies (John Bean Technologies) Accounts Receivable : $221 Mil (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is John Bean Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. John Bean Technologies's accounts receivables for the quarter that ended in Mar. 2024 was $221 Mil.

Accounts receivable can be measured by Days Sales Outstanding. John Bean Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 51.34.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. John Bean Technologies's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-13.51.


John Bean Technologies Accounts Receivable Historical Data

The historical data trend for John Bean Technologies'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 Bean Technologies Accounts Receivable Chart

John Bean Technologies 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 288.90 236.10 239.10 200.50 214.40

John Bean Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 287.40 213.30 190.60 214.40 220.70

John Bean Technologies Accounts Receivable Calculation

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


John Bean Technologies 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 Bean Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=220.7/392.3*91
=51.34

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

John Bean Technologies's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(479+0.75 * 220.7+0.5 * 250.2-1199.6
-0-0)/31.8302
=-13.51

* 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 Bean Technologies Accounts Receivable Related Terms

Thank you for viewing the detailed overview of John Bean Technologies's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


John Bean Technologies (John Bean Technologies) Business Description

Traded in Other Exchanges
Address
70 West Madison Street, Suite 4400, Chicago, IL, USA, 60602
John Bean Technologies spun out of FMC Technologies in August 2008. Over half of JBT's sales are made in the United States. Its FoodTech business provides both customized and turnkey industrial solutions for the food and beverage industry, including a large variety of protein processing and packaging solutions, as well as fruit and juice extraction and ready-to-eat solutions.
Executives
Caroline Maury Devine director ATLANTIC COAST AIRLINES INC, 45200 BUSINESS COURT, DULLES VA 20166
Polly B Kawalek director 1600 ROYAL STREET, JASPER IN 47549
Brian A Deck officer: VP & CFO 70 WEST MADISON SUITE 4400, JOHN BEAN TECHNOLOGIES CORPORATION, CHICAGO IL 60602
Luiz Augusto Rizzolo officer: EVP & President of DF&H 70 WEST MADISON STREET, SUITE 4400, CHICAGO IL 60602
Jack Martin officer: EVP & CSC Officer 70 WEST MADISON STREET, SUITE 4400, CHICAGO IL 60602
Charles L. Harrington director 5875 TRINITY PKWY #300, CENTREVILLE VA 20120
James M Ringler director 2211 H.H. DOW WAY, MIDLAND MI 48674
Carlos Fernandez officer: EVP & President, Liquid Foods 70 WEST MADISON SUITE 4400, CHICAGO IL 60602
James L Marvin officer: VP, Gen Counsel, and Secretary 70 WEST MADISON SUITE 4400, JOHN BEAN TECHNOLOGIES CORPORATION, CHICAGO IL 60602
Robert James Petrie officer: EVP & President, Protein 70 WEST MADISON STREET, SUITE 4400, CHICAGO IL 60602
Shelley Rae Bridarolli officer: EVP, Human Resources 70 WEST MADISON STREET, SUITE 4400, CHICAGO IL 60602
Paul Sternlieb officer: EVP & President, Protein 70 WEST MADISON SUITE 4400, CHICAGO IL 60602
David C Burdakin officer: Vice President 70 WEST MADISON SUITE 4400, CHICAGO IL 60602
Kristina L Paschall officer: EVP, CIO & CDO 70 WEST MADISON SUITE 4400, CHICAGO IL 60602
Matthew J Meister officer: Interim CFO 70 WEST MADISON SUITE 4400, CHICAGO IL 60602