China Jo-Jo Drugstores (FRA:7QL) Change In Receivables : €-3.0 Mil (TTM As of Sep. 2023)

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What is China Jo-Jo Drugstores Change In Receivables?

China Jo-Jo Drugstores's change in receivables for the quarter that ended in Sep. 2023 was €-2.8 Mil. It means China Jo-Jo Drugstores's Accounts Receivable increased by €2.8 Mil from Mar. 2023 to Sep. 2023 .

China Jo-Jo Drugstores's change in receivables for the fiscal year that ended in Mar. 2023 was €-3.3 Mil. It means China Jo-Jo Drugstores's Accounts Receivable increased by €3.3 Mil from Mar. 2022 to Mar. 2023 .

China Jo-Jo Drugstores's Accounts Receivable for the quarter that ended in Sep. 2023 was €16.4 Mil.

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 Receivable are being managed. China Jo-Jo Drugstores's Days Sales Outstanding for the six months ended in Sep. 2023 was 40.68.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Jo-Jo Drugstores's liquidation value for the six months ended in Sep. 2023 was €-33.4 Mil.

China Jo-Jo Drugstores Change In Receivables Historical Data

The historical data trend for China Jo-Jo Drugstores's Change In Receivables 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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China Jo-Jo Drugstores Change In Receivables Chart

China Jo-Jo Drugstores Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-1.19

-2.23

-2.37

-4.13

-3.28

China Jo-Jo Drugstores Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial															-1.02	-3.04	-3.34	-0.19	-2.85

China Jo-Jo Drugstores Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-3.0 Mil.

China Jo-Jo Drugstores (FRA:7QL) Change In Receivables 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 Receivable are being managed.

China Jo-Jo Drugstores's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	16.41	/	73.624	*	91
=	40.68

2. In Ben Graham's calculation of liquidation value, China Jo-Jo Drugstores's accounts receivable are only considered to be worth 75% of book value:

China Jo-Jo Drugstores's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	17.475	-	72.365	+	0.75 * 16.41	+	0.5 * 18.357
=	-33.4

China Jo-Jo Drugstores Change In Receivables Related Terms

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China Jo-Jo Drugstores (FRA:7QL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » China Jo-Jo Drugstores Inc (FRA:7QL) » Definitions » Change In Receivables

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Traded in Other Exchanges

CJJD:USA

Address

386 Shangtang Road, Hai Wai Hai Tongxin Mansion Floor 6, Gong Shu District, Zhejiang Province, Hangzhou, CHN, 310008

Website

http://www.jiuzhou360.com

China Jo-Jo Drugstores Inc is a retailer and distributor of pharmaceutical products. The company's operating segments include Retail drugstores, Online Pharmacy, Drug wholesale, and Herb farming. Retail drugstores segment sells prescription and over-the-counter medicines, TCM, dietary supplements, medical devices, and sundry items to retail customers. The online pharmacy segment sells drugs through third-party platforms such as Alibaba's Tmall, JD.com, and Amazon.com. It generates maximum revenue from the Retail drugstores segment.

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