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Shekhawati Poly-Yarn (NSE:SPYL) Accounts Receivable : ₹118.9 Mil (As of Mar. 2024)


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What is Shekhawati Poly-Yarn Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Shekhawati Poly-Yarn's accounts receivables for the quarter that ended in Mar. 2024 was ₹118.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Shekhawati Poly-Yarn's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 32.72.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Shekhawati Poly-Yarn's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-0.71.


Shekhawati Poly-Yarn Accounts Receivable Historical Data

The historical data trend for Shekhawati Poly-Yarn'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.

Shekhawati Poly-Yarn Accounts Receivable Chart

Shekhawati Poly-Yarn Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.03 42.48 185.77 193.03 118.92

Shekhawati Poly-Yarn Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 193.03 - 91.47 - 118.92

Shekhawati Poly-Yarn Accounts Receivable Calculation

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


Shekhawati Poly-Yarn 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.

Shekhawati Poly-Yarn's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=118.917/331.644*91
=32.72

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

Shekhawati Poly-Yarn'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)
=(30.041+0.75 * 118.917+0.5 * 11.372-368.398
-0-0)/344.7
=-0.71

* 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.


Shekhawati Poly-Yarn Accounts Receivable Related Terms

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Shekhawati Poly-Yarn (NSE:SPYL) Business Description

Traded in Other Exchanges
Address
Off. Western Express Highway, Express Zone, 'A' Wing, Unit No. 1102/1103, Patel Vatika, Malad (East), Mumbai, MH, IND, 400 097
Shekhawati Poly-Yarn Ltd is engaged in the business of manufacturing of texturizing yarn, twisting yarn and knitted fabrics. The Company operates through the textile business segment. The firm engages in the manufacture of polyester texturized yarn and fancy yarn used for suiting, shirting, dress materials, sarees, hosiery, knitted fabric, zipper fastener, curtain, industrial cloth, and upholstery. The company caters to both domestic and international markets.

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