Jayud Global Logistics (Jayud Global Logistics) Accounts Receivable : $5.78 Mil (As of Dec. 2023)

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What is Jayud Global Logistics Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Jayud Global Logistics's accounts receivables for the quarter that ended in Dec. 2023 was $5.78 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Jayud Global Logistics's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 22.94.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Jayud Global Logistics's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.40.

Jayud Global Logistics Accounts Receivable Historical Data

The historical data trend for Jayud Global Logistics'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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Jayud Global Logistics Accounts Receivable Chart

Jayud Global Logistics Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

5.69

13.75

4.67

5.78

Jayud Global Logistics Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial			13.75	8.20	4.67	7.24	5.78

Jayud Global Logistics Accounts Receivable Calculation

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

Jayud Global Logistics 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.

Jayud Global Logistics's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.782	/	45.991	*	91
=	22.94

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

Jayud Global Logistics'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)
=	(3.656	+	0.75 * 5.782	+	0.5 * 0	-	17.672
-	0	-	-1.075)	/	21.355
=	-0.40

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.

Jayud Global Logistics Accounts Receivable Related Terms

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Jayud Global Logistics (Jayud Global Logistics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jayud Global Logistics Ltd (NAS:JYD) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

Shenyan Road, 4th Floor, Building 4, Shatoujiao Free Trade Zone, Yantian District, Shenzhen, CHN

Website

https://www.jayud.com

Jayud Global Logistics Ltd is a end-to-end supply chain solution providers in China, with a focus on providing cross-border logistics services. It offers freight forwarding services, (ii) supply chain management, and (iii) other value-added services.