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Filtra Consultants and Engineers (BOM:539098) Accounts Receivable

: ₹84.6 Mil (As of Mar. 2022)
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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Filtra Consultants and Engineers's accounts receivables for the quarter that ended in Mar. 2022 was ₹84.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Filtra Consultants and Engineers's Days Sales Outstanding for the quarter that ended in Mar. 2022 was 39.14.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Filtra Consultants and Engineers's Net-Net Working Capital per share for the quarter that ended in Mar. 2022 was ₹2.07.


Filtra Consultants and Engineers Accounts Receivable Historical Data

The historical data trend for Filtra Consultants and Engineers'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.

Filtra Consultants and Engineers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only 69.49 65.96 80.77 84.64 82.63

Filtra Consultants and Engineers Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Mar23
Accounts Receivable 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 57.05 80.77 75.58 84.64 82.63

Filtra Consultants and Engineers Accounts Receivable Calculation

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


Filtra Consultants and Engineers 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.

Filtra Consultants and Engineers's Days Sales Outstanding for the quarter that ended in Mar. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=84.635/394.666*91
=39.14

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

Filtra Consultants and Engineers's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2022 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)
=(20.904+0.75 * 84.635+0.5 * 152.534-143.615
-0-0)/8.223
=2.07

* 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.


Filtra Consultants and Engineers Accounts Receivable Related Terms

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Filtra Consultants and Engineers (BOM:539098) Business Description

Filtra Consultants and Engineers logo
Traded in Other Exchanges
N/A
Address
Sahakar Wadi, Off Aarey Road, 1501, Synergy Business Park, Near Synthofine Industrial Estate, Goregaon (East), Mumbai, MH, IND, 400063
Filtra Consultants and Engineers Ltd is an India based company engaged in the business of selling water treatment products and provides related services. It trades in water treatment products such as multiport valves, dosing systems, electronic dosing pumps, pressure vessels, conductivity meters, rotameters, among others. The company also has a business-to-business (B2B) e-commerce website for water treatment components. Its business activity falls under the primary segment of the Trading and manufacturing activity of the water treatment system. The organization sells its products in India and also exports them internationally.

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