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Goyallt (NSE:GOYALSALT) Accounts Receivable : ₹156 Mil (As of Mar. 2023)


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What is Goyallt Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Goyallt's accounts receivables for the quarter that ended in Mar. 2023 was ₹156 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Goyallt's Days Sales Outstanding for the quarter that ended in Mar. 2023 was 24.15.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Goyallt's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was ₹0.33.


Goyallt Accounts Receivable Historical Data

The historical data trend for Goyallt'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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Goyallt Accounts Receivable Chart

Goyallt Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Accounts Receivable
83.21 137.18 142.45 155.69

Goyallt Semi-Annual Data
Mar20 Mar21 Mar22 Mar23
Accounts Receivable 83.21 137.18 142.45 155.69

Goyallt Accounts Receivable Calculation

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


Goyallt 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.

Goyallt's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=155.694/1176.419*91
=24.15

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

Goyallt's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(4.721+0.75 * 155.694+0.5 * 45.45-138.283
-0-0)/17.900
=0.33

* 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.


Goyallt Accounts Receivable Related Terms

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Goyallt (NSE:GOYALSALT) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 229-230, Guru Jambeshwar Nagar, Lane No. 7 Gandhi Path, Vaishali Nagar, Jaipur, RJ, IND, 302021
Goyal Salt Ltd is a company which is primarily engaged in the business of refining of raw salts procured from sub soil brine in the state of Rajasthan for useable as industrial salts and edible salts. It refines and supplies pure, refined and quality range of triple refined free flow iodized salt, industrial salt, double fortified salt and triple refined half dry salt.

Goyallt (NSE:GOYALSALT) Headlines

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