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Vishal Fabrics (BOM:538598) Accounts Receivable : ₹5,108 Mil (As of Mar. 2024)


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What is Vishal Fabrics Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Vishal Fabrics's accounts receivables for the quarter that ended in Mar. 2024 was ₹5,108 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Vishal Fabrics's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 113.27.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Vishal Fabrics's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-3.47.


Vishal Fabrics Accounts Receivable Historical Data

The historical data trend for Vishal Fabrics'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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Vishal Fabrics Accounts Receivable Chart

Vishal Fabrics 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 3,056.00 3,612.20 3,933.10 4,564.20 5,108.00

Vishal Fabrics 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 4,564.20 - 4,467.79 - 5,108.00

Vishal Fabrics Accounts Receivable Calculation

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


Vishal Fabrics 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.

Vishal Fabrics's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5108.004/4115.078*91
=113.27

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

Vishal Fabrics'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)
=(110.279+0.75 * 5108.004+0.5 * 939.726-5096.104
-0-0)/197.61
=-3.47

* 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.


Vishal Fabrics Accounts Receivable Related Terms

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Vishal Fabrics (BOM:538598) Business Description

Traded in Other Exchanges
N/A
Address
Bopal - Ambli Road, Shanti Corporate House, Near Hira Rupa Hall, Bopal, Ahmedabad, GJ, IND, 380058
Vishal Fabrics Ltd is an Indian company engaged in the business of manufacturing and sale of textile. Its activities include dying, printing, and processing of fabrics of its own and also on job work basis. The company mainly procures grey fabric and dyes, and prints. The company sells Manufactured goods; which includes fabric sales, grey fabric sales, and yarn sales and Trading goods; which include chips sales. It also offers services which include Job work sales. The group operates its business primarily in India.

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