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Chothani Foods (BOM:540681) Accounts Receivable : ₹65.27 Mil (As of Sep. 2023)


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What is Chothani Foods Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Chothani Foods's accounts receivables for the quarter that ended in Sep. 2023 was ₹65.27 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Chothani Foods's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 318.66.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Chothani Foods's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹3.76.


Chothani Foods Accounts Receivable Historical Data

The historical data trend for Chothani Foods'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.

Chothani Foods Accounts Receivable Chart

Chothani Foods Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.09 44.96 38.01 50.38 64.84

Chothani Foods Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 41.58 50.38 53.08 64.84 65.27

Chothani Foods Accounts Receivable Calculation

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


Chothani Foods 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.

Chothani Foods's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=65.27/37.381*91
=318.66

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

Chothani Foods's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(4.782+0.75 * 65.27+0.5 * 51.807-60.214
-0-0)/5.16
=3.76

* 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.


Chothani Foods Accounts Receivable Related Terms

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Chothani Foods (BOM:540681) Business Description

Traded in Other Exchanges
N/A
Address
Office No. 408, B Wing, Dhamji Shamji Corporate Square, Laxmi Nagar, Ghatkopar East, Mumbai, MH, IND, 400075
Chothani Foods Ltd is engaged in manufacturing and supplying different types of spices. The company has two brands "APPU MASALA" and "GAYATRI MASALA". With more than 30 types of Spices and Masalas like Pav Bhaji Masala, Chaat Masala, Tea Masala, Garam Masala, Sambhar Masala, Punjabi Chole Masala, Biryani and Pulav Masala, Kitchen King Masala and various Powders like Red Chilli Powder, Jeera Powder, White Pepper Powder, Turmeric Powder, etc.

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