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Zodiac Energy (NSE:ZODIACSMN) Accounts Receivable : ₹0 Mil (As of Dec. 2023)


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What is Zodiac Energy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Zodiac Energy's accounts receivables for the quarter that ended in Dec. 2023 was ₹0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Zodiac Energy's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.00.

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


Zodiac Energy Accounts Receivable Historical Data

The historical data trend for Zodiac Energy'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.

Zodiac Energy Accounts Receivable Chart

Zodiac Energy 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 176.32 246.76 227.69 303.82 413.87

Zodiac Energy Quarterly Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 413.87 - 252.15 -

Zodiac Energy Accounts Receivable Calculation

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


Zodiac Energy 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.

Zodiac Energy's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/469.224*91
=0.00

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

Zodiac Energy's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(0+0.75 * 0+0.5 * 0-N/A
-0-0)/14.6334
=N/A

* 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.


Zodiac Energy Accounts Receivable Related Terms

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Zodiac Energy (NSE:ZODIACSMN) Business Description

Traded in Other Exchanges
Address
Drive-In-Road, 4-5-6 Upper Ground Floor, Milestone Building, Near Khodiyar Restaurant, Near Drive-In Cinema, Thaltej, Ahmedabad, GJ, IND, 380054
Zodiac Energy Ltd operates as an energy solution provider company in India. It installs power generation plants. It is engaged in the design, supply, installation, testing, commissioning, operation, and maintenance of solar power equipment. Its products include solar photovoltaic rooftop solutions, Concentrating Solar Power Systems, solar photovoltaic solar pumping solutions, solar thermal solar water heater solutions, and many more. The company primarily operates in the segment of sale of solar-based power plants and related items. The company's services include Building Integrated Photovoltaics (BIPV) systems, emerging technologies, and co-generation power plants.

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