GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mideast Integrated Steels Ltd (BOM:540744) » Definitions » Accounts Receivable

Mideast Integrated Steels (BOM:540744) Accounts Receivable : ₹0 Mil (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Mideast Integrated Steels Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mideast Integrated Steels's accounts receivables for the quarter that ended in Dec. 2023 was ₹0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mideast Integrated Steels's Days Sales Outstanding for the quarter that ended in Dec. 2023 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. Mideast Integrated Steels's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₹N/A.


Mideast Integrated Steels Accounts Receivable Historical Data

The historical data trend for Mideast Integrated Steels'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.

Mideast Integrated Steels Accounts Receivable Chart

Mideast Integrated Steels Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 481.92 413.16 364.40 426.36 448.42

Mideast Integrated Steels Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 448.42 - 308.77 -

Mideast Integrated Steels Accounts Receivable Calculation

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


Mideast Integrated Steels 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.

Mideast Integrated Steels's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/1318.09*91
=0.00

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

Mideast Integrated Steels'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)
=(0+0.75 * 0+0.5 * 0-N/A
-0-0)/137.875
=N/A

* 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.


Mideast Integrated Steels Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Mideast Integrated Steels's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Mideast Integrated Steels (BOM:540744) Business Description

Traded in Other Exchanges
N/A
Address
Kailash Colony, H-1, Mesco Tower, Zamrudpur Community Centre, New Delhi, IND, 110048
Mideast Integrated Steels Ltd is engaged in the business of extraction of iron ore. The company operates through a single segment namely the Iron and Steel business. It manufactures various products such as pig iron scrap including plates, fines fresh, and boulders, iron ore calibrated lump ores consisting of iron ore fines, and screened lump, coke breeze, granulated slag, and lime slurry. In addition, it also offers repair services.

Mideast Integrated Steels (BOM:540744) Headlines

No Headlines