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Gensol Engineering (BOM:542851) Accounts Receivable : ₹2,278 Mil (As of Mar. 2024)


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What is Gensol Engineering Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gensol Engineering's accounts receivables for the quarter that ended in Mar. 2024 was ₹2,278 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Gensol Engineering's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 52.12.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Gensol Engineering's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-356.22.


Gensol Engineering Accounts Receivable Historical Data

The historical data trend for Gensol Engineering'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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Gensol Engineering Accounts Receivable Chart

Gensol Engineering Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial 276.83 194.80 386.40 751.20 2,278.00

Gensol Engineering Quarterly Data
Mar17 Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 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 751.20 - 1,404.00 - 2,278.00

Gensol Engineering Accounts Receivable Calculation

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


Gensol Engineering 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2278/3988.2*91
=52.12

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

Gensol Engineering'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)
=(4760.6+0.75 * 2278+0.5 * 121.3-20147.5
-0--126.6)/37.8729
=-356.22

* 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.


Gensol Engineering Accounts Receivable Related Terms

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Gensol Engineering (BOM:542851) Business Description

Traded in Other Exchanges
Address
Westgate Business Bay, Block - A, 15th FLoor, Makarba, Ahmedabad, GJ, IND, 380051
Gensol Engineering Ltd is a renewable energy solutions provider focused on end to end solar engineering, procurement, and construction projects. It is engaged in providing technical due diligence, detailed engineering, quality control, construction supervision, and other consulting services for solar projects across various countries, including India.

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