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Surya Roshni (BOM:500336) Accounts Receivable : ₹7,181 Mil (As of Mar. 2024)


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What is Surya Roshni Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Surya Roshni's accounts receivables for the quarter that ended in Mar. 2024 was ₹7,181 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Surya Roshni's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 31.50.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Surya Roshni's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹36.56.


Surya Roshni Accounts Receivable Historical Data

The historical data trend for Surya Roshni'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.

Surya Roshni Accounts Receivable Chart

Surya Roshni 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 6,960.70 7,561.40 8,881.60 7,469.20 7,180.80

Surya Roshni 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 7,469.20 - 6,741.00 - 7,180.80

Surya Roshni Accounts Receivable Calculation

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


Surya Roshni 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.

Surya Roshni's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=7180.8/20804.7*91
=31.50

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

Surya Roshni'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)
=(698.4+0.75 * 7180.8+0.5 * 10866.9-7553.4
-0-0)/108.429
=36.56

* 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.


Surya Roshni Accounts Receivable Related Terms

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Surya Roshni (BOM:500336) Business Description

Traded in Other Exchanges
Address
5, Rajendra Place, 2nd Floor, Padma Tower - 1, New Delhi, IND, 110008
Surya Roshni Ltd is an Indian-based company involved in the manufacturing and marketing of lighting and steel tube products. The business activity of the firm has functioned through Steel pipes and Strips and Lighting and consumer durables segments. The Steel Pipe and Strips segment manufacturing and sale of steel pipes, cold rolled strips and steel structures. The Lighting and consumer durables segment is engaged in the manufacturing and sale of different varieties of Lamps, fittings, Fans, Appliances and allied items. Geographically all the business operations are operated from India, however, the business presence and the products are sold within the Indian and international market.

Surya Roshni (BOM:500336) Headlines

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