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Gandhar Oil Refinery (India) (BOM:544029) Accounts Receivable : ₹6,233 Mil (As of Mar. 2024)


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What is Gandhar Oil Refinery (India) Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gandhar Oil Refinery (India)'s accounts receivables for the quarter that ended in Mar. 2024 was ₹6,233 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Gandhar Oil Refinery (India)'s Days Sales Outstanding for the quarter that ended in Mar. 2024 was 60.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Gandhar Oil Refinery (India)'s Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹22.53.

Gandhar Oil Refinery (India) Accounts Receivable Historical Data

The historical data trend for Gandhar Oil Refinery (India)'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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Gandhar Oil Refinery (India) Accounts Receivable Chart

Gandhar Oil Refinery (India) Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Accounts Receivable
4,352.41 4,419.75 5,618.30 6,232.58

Gandhar Oil Refinery (India) Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial - 5,618.30 6,819.47 - 6,232.58

Gandhar Oil Refinery (India) Accounts Receivable Calculation

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

Gandhar Oil Refinery (India) 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.

Gandhar Oil Refinery (India)'s Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6232.58/9392.41*91
=60.55

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

Gandhar Oil Refinery (India)'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)
=(2969.65+0.75 * 6232.58+0.5 * 4477.47-7163.86
-0-513.97)/97.8698
=22.53

* 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.

Gandhar Oil Refinery (India) Accounts Receivable Related Terms

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Gandhar Oil Refinery (India) (BOM:544029) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gandhar Oil Refinery (India) Ltd (BOM:544029) » Definitions » Accounts Receivable
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Traded in Other Exchanges
GANDHAR:India
Address
S.V. Road, 18th floor, DLH Park, Goregaon West, Mumbai, MH, IND, 400 062
Website
https://www.gandharoil.com
Gandhar Oil Refinery (India) Ltd is a manufacturer of white oils with a growing focus on the consumer and healthcare end industries. The Company is engaged in three segments namely, manufacturing and trading of petroleum products/specialty oils, trading of non-coking coal, and providing consignment, del-credere agency services for sale of polymers to local markets.

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