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51job (JOBS) Accounts Receivable : $55.3 Mil (As of Sep. 2021)


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What is 51job Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. 51job's accounts receivables for the quarter that ended in Sep. 2021 was $55.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. 51job's Days Sales Outstanding for the quarter that ended in Sep. 2021 was 30.15.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. 51job's Net-Net Working Capital per share for the quarter that ended in Sep. 2021 was $15.99.


51job Accounts Receivable Historical Data

The historical data trend for 51job'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.

51job Accounts Receivable Chart

51job Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.34 33.42 37.99 44.42 60.00

51job Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 44.42 40.32 51.24 55.35 60.00

51job Accounts Receivable Calculation

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


51job 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.

51job's Days Sales Outstanding for the quarter that ended in Sep. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=55.348/167.488*91
=30.15

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), 51job's accounts receivable are only considered to be worth 75% of book value:

51job's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2021 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)
=(1575.105+0.75 * 55.348+0.5 * 0-509.426
-0-29.013)/67.4372
=15.99

* 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.


51job Accounts Receivable Related Terms

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51job (JOBS) Business Description

Traded in Other Exchanges
N/A
Address
No. 1387 Zhang Dong Road, Building 3, Shanghai, CHN, 201203
51job Inc is a provider of integrated human resource services in China. It offers online recruitment advertising and also other complementary human resource related services which include business process outsourcing training, campus recruitment, and executive search services.