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Jastrzebska Spolka Weglowa (Jastrzebska Spolka Weglowa) Accounts Receivable : $318 Mil (As of Mar. 2024)


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What is Jastrzebska Spolka Weglowa Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Jastrzebska Spolka Weglowa's accounts receivables for the quarter that ended in Mar. 2024 was $318 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Jastrzebska Spolka Weglowa's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 34.08.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Jastrzebska Spolka Weglowa's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-6.58.


Jastrzebska Spolka Weglowa Accounts Receivable Historical Data

The historical data trend for Jastrzebska Spolka Weglowa'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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Jastrzebska Spolka Weglowa Accounts Receivable Chart

Jastrzebska Spolka Weglowa 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 156.66 164.28 454.27 427.58 349.08

Jastrzebska Spolka Weglowa 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 467.90 395.51 313.22 349.08 317.80

Jastrzebska Spolka Weglowa Accounts Receivable Calculation

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


Jastrzebska Spolka Weglowa 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.

Jastrzebska Spolka Weglowa's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=317.801/851.024*91
=34.08

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

Jastrzebska Spolka Weglowa'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)
=(402.559+0.75 * 317.801+0.5 * 236.756-2178.8
-0-125.505)/234.823
=-6.58

* 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.


Jastrzebska Spolka Weglowa Accounts Receivable Related Terms

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Jastrzebska Spolka Weglowa (Jastrzebska Spolka Weglowa) Business Description

Traded in Other Exchanges
Address
Al. Jana Paw?a II 4, Jastrzebie Zdroj, POL, 44-330
Jastrzebska Spolka Weglowa SA is a coal producer, based in Poland, and it is one of the major producers within the European Union. The company predominantly produces hard coking coal which is an essential component in the production of steel, and in its coking plants, the company processes approximately half of the coking coal it produces. Additionally, the company is engaged in natural gas mining and generation, transmission and distribution of electricity. The company's products are sold domestically as well as to Germany, Austria, the Czech Republic, Slovakia, Romania and Hungary.