Jiuzi Holdings (Jiuzi Holdings) Accounts Receivable : $0.17 Mil (As of Oct. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Jiuzi Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Jiuzi Holdings's accounts receivables for the quarter that ended in Oct. 2023 was $0.17 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Jiuzi Holdings's Days Sales Outstanding for the quarter that ended in Oct. 2023 was 6.09.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Jiuzi Holdings's Net-Net Working Capital per share for the quarter that ended in Oct. 2023 was $-1.31.

Jiuzi Holdings Accounts Receivable Historical Data

The historical data trend for Jiuzi Holdings'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.

Jiuzi Holdings Accounts Receivable Chart

Jiuzi Holdings Annual Data

Trend

Oct18

Oct19

Oct20

Apr21

Oct22

Oct23

Accounts Receivable

Get a 7-Day Free Trial

1.17

1.53

0.90

0.25

0.17

Jiuzi Holdings Semi-Annual Data
	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Accounts Receivable	Get a 7-Day Free Trial						0.54	0.47	0.25	0.24	0.17

Jiuzi Holdings Accounts Receivable Calculation

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

Jiuzi Holdings 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.

Jiuzi Holdings's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.167	/	5.005	*	91
=	6.09

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

Jiuzi Holdings's Net-Net Working Capital Per Share for the quarter that ended in Oct. 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)
=	(1.215	+	0.75 * 0.167	+	0.5 * 0.955	-	7.091
-	0	-	0.07)	/	4.06561
=	-1.31

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.

Jiuzi Holdings Accounts Receivable Related Terms

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

Jiuzi Holdings (Jiuzi Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Jiuzi Holdings Inc (NAS:JZXN) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 168 Qianjiang Nongchang Gengwen Road, 15th Floor, Economic and Technological Development Zone, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 310000

Website

http://m.zjjzxny.cn

Jiuzi Holdings Inc operates as a franchise under the brand name Jiuzi. It sells new energy vehicles in third-fourth tier cities in China. The firm also sells plug-in electric vehicles on-demand from vehicle buyers. Its business segments are sales of NEVs and Franchisees service. The company generates a majority of its revenue from NEVs segment. Geographically, the firm operates in China.