GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Bharat Petroleum Corp Ltd (BOM:500547) » Definitions » Accounts Receivable

Bharat Petroleum (BOM:500547) Accounts Receivable : ₹83,420 Mil (As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Bharat Petroleum Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bharat Petroleum's accounts receivables for the quarter that ended in Mar. 2024 was ₹83,420 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bharat Petroleum's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 6.53.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bharat Petroleum's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-402.32.


Bharat Petroleum Accounts Receivable Historical Data

The historical data trend for Bharat Petroleum'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.

Bharat Petroleum Accounts Receivable Chart

Bharat Petroleum 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 53,780.20 78,347.70 97,074.70 67,237.80 83,420.30

Bharat Petroleum 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 67,237.80 - 57,574.60 - 83,420.30

Bharat Petroleum Accounts Receivable Calculation

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


Bharat Petroleum 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=83420.3/1165547.3*91
=6.53

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

Bharat Petroleum'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)
=(118349.8+0.75 * 83420.3+0.5 * 428361.3-1267826.4
-0-0)/2169.25
=-402.32

* 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.


Bharat Petroleum Accounts Receivable Related Terms

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


Bharat Petroleum (BOM:500547) Business Description

Traded in Other Exchanges
Address
4 and 6 Currimbhoy Road, Ballard Estate, Bharat Bhavan, P.O. Box No. 668, Mumbai, MH, IND, 400001
Bharat Petroleum Corp Ltd operates several refineries in India, while also marketing and distributing petroleum by-products. Operations are divided into the business segments: Downstream Petroleum (majority of revenue) and Exploration and Production of hydorcarbons. Downstream Petroleum operations include the refineries that produce liquefied petroleum gas, aromatics, kerosene, fuel oil, furnace oil, and bitumen. Bharat's petroleum by-products are often commanded by consumers in aviation, autos, maritime, and many other industrial segments. The Downstream Petroleum operations also include the network of retail service stations across India.

Bharat Petroleum (BOM:500547) Headlines

No Headlines