JOST Werke SE (XTER:JST) Accounts Receivable : €159 Mil (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is JOST Werke SE Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. JOST Werke SE's accounts receivables for the quarter that ended in Mar. 2024 was €159 Mil.

Accounts receivable can be measured by Days Sales Outstanding. JOST Werke SE's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 48.63.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. JOST Werke SE's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-20.78.

JOST Werke SE Accounts Receivable Historical Data

The historical data trend for JOST Werke SE'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.

JOST Werke SE Accounts Receivable Chart

JOST Werke SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

89.94

123.95

153.44

166.72

149.08

JOST Werke SE 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															193.85	195.62	190.57	149.08	159.12

JOST Werke SE Accounts Receivable Calculation

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

JOST Werke SE 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.

JOST Werke SE's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	159.119	/	298.545	*	91
=	48.63

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

JOST Werke SE'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)
=	(123.076	+	0.75 * 159.119	+	0.5 * 200.82	-	652.489
-	0	-	0)	/	14.9
=	-20.78

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.

JOST Werke SE Accounts Receivable Related Terms

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

JOST Werke SE (XTER:JST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » JOST Werke SE (XTER:JST) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

0RTR:UK

Address

Siemensstrase 2, Neu-Isenburg, HE, DEU, 63263

Website

https://www.jost-world.com

JOST Werke SE is a producer and supplier of safety-critical systems to the truck and trailer industry. The company's business segments are Asia, the Pacific and Africa, Europe, and North America. Its products are used in two business lines; Transport includes products and systems for trucks and trailers that provide the interface connecting the truck to the trailer, and it even sells wheel couplings, landing gears, king pins, and ball bearing turntables, and Agriculture includes products like agricultural front loaders for tractors, various implements for front loaders, and subframes, and it even sells towing hitches, drawbars, towing eyes and ladders under the brand name Rockinger.

Executives

Prof. Dr. Bernd Gottschalk	Supervisory Board
Joachim Dürr	Board of Directors
Dr. Ralf Eichler	Board of Directors

JOST Werke SE (XTER:JST) Headlines

From GuruFocus

Time to Invest in China… A Little

By guruek Chris Mayer • 01-11-2010

Jinpan International Limited: A China Infrastructure and Global Expansion Play

By guruek The Stock Advisors • 01-12-2010

Jinpan International Review: What's going on?

By Margin of Safety Investing Margin of Safety Investing • 11-22-2010