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Jabil JBL North America — Deferred Purchase Price Receivable

Discontinued — last reported Q1 '19

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CMCUS — Transferof Accounts Receivable Deferred Purchase Price
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CMCPL — Transferof Accounts Receivable Deferred Purchase Price
$61.24M
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CMCUS — Transferof Trade Receivables Net Collectionsof Deferred Purchase Price
$127.69M
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CMCUS — Transfersof Trade Receivables Noncash Increaseto Deferred Purchase Price
$154.22M
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CMCUS — Transferof Trade Receivables Cash Collectionsof Deferred Purchase Price
$127.69M
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APTVNorth America — Provision for estimated expenses incurred during the year
$5.75M-62.9%

Other financials

Income statement

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Revenue$8.8B+11.8%
Gross profit$828.0M+21.6%
Operating income$445.0M+10.4%
Net income$275.0M+23.9%
EPS (diluted)$2.59+27.6%

Balance sheet

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Cash & equivalents$1.4B-10.7%
Total debt$4.4B+33.3%
Total equity$1.3B+3.0%
Total assets$23.8B+28.1%

Cash flow

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Operating cash flow$535.0M+31.8%
CapEx-$580.0M-774%
Free cash flow$308.0M+41.3%

Valuation

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Market cap$39.23B+112%
Enterprise value$41.77B+63.6%
P/E45.5×+13.4×
P/S1.2×+0.5×

Profitability

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Gross margin9.2%+0.4pp
Operating margin4.3%+0.2pp
Net margin2.6%+0.5pp
FCF margin3.9%-0.7pp

Returns & leverage

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Return on equity66.1%+33.7pp
Debt / equity3.3×+0.8×
Current ratio0.0×

Where this comes from

Reported directly by Jabil in its filing.

Tagged under the XBRL concept jbl:DeferredPurchasePriceReceivable.

The official record: Jabil’s 10-K, filed October 22, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does north america — deferred purchase price receivable mean?
The portion of securitized asset payments held back by the buyer until the underlying receivables are fully collected.
How do you interpret north america — deferred purchase price receivable?
A higher balance may indicate higher credit risk in the underlying receivables or a change in the terms of the securitization facility.
How does north america — deferred purchase price receivable compare across companies?
Comparable to 'Retained interests in securitized assets' or 'Deferred purchase price' reported by companies with active accounts receivable financing programs.