GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Surat Trade & Mercantile Ltd (BOM:530185) » Definitions » Accounts Receivable

Surat Trade & Mercantile (BOM:530185) Accounts Receivable : ₹0.0 Mil (As of Mar. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Surat Trade & Mercantile Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Surat Trade & Mercantile's accounts receivables for the quarter that ended in Mar. 2024 was ₹0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Surat Trade & Mercantile's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Surat Trade & Mercantile's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹3.74.


Surat Trade & Mercantile Accounts Receivable Historical Data

The historical data trend for Surat Trade & Mercantile'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.

Surat Trade & Mercantile Accounts Receivable Chart

Surat Trade & Mercantile Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.08 18.88 - - -

Surat Trade & Mercantile 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 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 - - - - -

Surat Trade & Mercantile Accounts Receivable Calculation

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


Surat Trade & Mercantile 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.

Surat Trade & Mercantile's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/150.922*91
=0.00

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

Surat Trade & Mercantile'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)
=(793.834+0.75 * 0+0.5 * 140.47-64.168
-0-0)/213.904
=3.74

* 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.


Surat Trade & Mercantile Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Surat Trade & Mercantile's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Surat Trade & Mercantile (BOM:530185) Business Description

Traded in Other Exchanges
N/A
Address
Puna-Kumbharia Road, Tulsi Krupa Arcade, 6th Floor, Near Aai Mata Chowk, Dumbhal, Surat, GJ, IND, 395010
Surat Textile Mills Ltd is engaged in the manufacturing and selling of Polyester filament yarn, polyester chips, and spun yarn. It produces ring-spun yarn for the domestic market in various ranges, such as 100% polyester, 100% viscose, 100% modal, polyester viscose blend, and polyester modal blend. The Company's business segment consists of a single segment of Commodity Trading. The company derives a majority of its revenue from the Commodity trading segment. Geographically, it derives the majority of its revenue from India..

Surat Trade & Mercantile (BOM:530185) Headlines

No Headlines