J&T Global Express (FRA:J92) Accounts Receivable : €510 Mil (As of Dec. 2023)

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What is J&T Global Express Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. J&T Global Express's accounts receivables for the quarter that ended in Dec. 2023 was €510 Mil.

Accounts receivable can be measured by Days Sales Outstanding. J&T Global Express's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 21.06.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. J&T Global Express's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-0.20.

J&T Global Express Accounts Receivable Historical Data

The historical data trend for J&T Global Express'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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J&T Global Express Accounts Receivable Chart

J&T Global Express Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

148.59

296.37

485.17

509.83

J&T Global Express Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial			296.37	-	485.17	574.62	509.83

J&T Global Express Accounts Receivable Calculation

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

J&T Global Express 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.

J&T Global Express's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	509.832	/	4418.851	*	91
=	21.06

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), J&T Global Express's accounts receivable are only considered to be worth 75% of book value:

J&T Global Express's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=	(1405.903	+	0.75 * 509.832	+	0.5 * 31.871	-	3779.704
-	0	-	-247.666)	/	8812.17
=	-0.20

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.

J&T Global Express Accounts Receivable Related Terms

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J&T Global Express (FRA:J92) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » J&T Global Express Ltd (FRA:J92) » Definitions » Accounts Receivable

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Traded in Other Exchanges

01519:Hong Kong

Address

1777 Hualong Road, Room 1001, Block A, Tower 5, Huaxinzhen, Qingpu, Shanghai, CHN

Website

https://www.jtexpress.com

J&T Global Express Ltd is a global logistics service provider with the leading express delivery business in Southeast Asia. Its express delivery services span 13 countries, which include the largest and fastest-growing express delivery emerging markets globally. It provides express delivery services to leading e-commerce platforms, enabling the rapid development of its partners as they expand into new markets.

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