Janus (BOM:542924) Accounts Receivable

: ₹48.5 Mil (As of Sep. 2022)

View and export this data going back to 2020. Start your Free Trial

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Janus's accounts receivables for the quarter that ended in Sep. 2022 was ₹48.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Janus's Days Sales Outstanding for the quarter that ended in Sep. 2022 was 64.46.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Janus's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was ₹1.83.

Janus Accounts Receivable Historical Data

The historical data trend for Janus'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.

Janus Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Accounts Receivable

47.61

48.18

84.43

86.68

76.06

Janus Semi-Annual Data
	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22
Accounts Receivable						82.68	86.68	84.39	76.06	48.50

Janus Accounts Receivable Calculation

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

Janus 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.

Janus's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	48.502	/	137.324	*	91
=	64.46

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

Janus's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=	(2.267	+	0.75 * 48.502	+	0.5 * 0	-	14.157
-	0	-	0)	/	13.391
=	1.83

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.

Janus Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Janus's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Janus (BOM:542924) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Janus Corp Ltd (BOM:542924) » Definitions » Accounts Receivable

Traded in Other Exchanges

N/A

Address

M Sunderji Road, B-704, Prakriti Apartments, K K W Mill Compound, Thane (West), Thane, MH, IND, 400053

Website

http://www.januscorp.co.in

Janus Corp Ltd is engaged in the provision of civil construction, land and site development, landfilling, fencing walls, erection of hoardings, and in the trading of various construction related materials such as cement, iron & steel, sand, soil, aluminum. It is also engaged in Media and Consulting, hospitality support services, and trading of agro products.

Janus (BOM:542924) Headlines

No Headlines