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Salvo Chemical Industry (DHA:SALVOCHEM) Accounts Receivable : BDT146 Mil (As of Dec. 2023)


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What is Salvo Chemical Industry Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Salvo Chemical Industry's accounts receivables for the quarter that ended in Dec. 2023 was BDT146 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Salvo Chemical Industry's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 22.30.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Salvo Chemical Industry's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was BDT-20.76.


Salvo Chemical Industry Accounts Receivable Historical Data

The historical data trend for Salvo Chemical Industry'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.

Salvo Chemical Industry Accounts Receivable Chart

Salvo Chemical Industry Annual Data
Trend Dec12 Dec13 Dec15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.17 71.97 74.10 125.55 137.22

Salvo Chemical Industry 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 87.49 120.29 137.22 143.03 146.24

Salvo Chemical Industry Accounts Receivable Calculation

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


Salvo Chemical Industry 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.

Salvo Chemical Industry's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=146.242/598.543*91
=22.30

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

Salvo Chemical Industry'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)
=(119.925+0.75 * 146.242+0.5 * 248.361-1703.814
-0-0)/65.0228
=-20.76

* 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.


Salvo Chemical Industry Accounts Receivable Related Terms

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Salvo Chemical Industry (DHA:SALVOCHEM) Business Description

Traded in Other Exchanges
N/A
Address
No. 210-211, Nawabpur Road, Suite number 401, 3rd floor, Dhaka, BGD, 1100
Salvo Chemical Industry Ltd mainly engages in the manufacturing of sulphuric acid and liquid Glucose. In addition to that, the company also produces battery-grade water, Magnesium and zinc sulfate, starch, etc. Sulphuric Acid is used to produce ferrous sulfate, alum, etc, Additionally, it is used in the manufacturing of plasticizers, dyestuffs, explosives, silicate for toothpaste, adhesives, rubbers, edible oils, lubricants, the production of food acids. The segments of the company include Sulphuric Acid and battery-grade water, Starch & by- product, and Liquid Glucose. The majority of revenue is generated from the Starch & by-product segment.

Salvo Chemical Industry (DHA:SALVOCHEM) Headlines

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