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Taparia Tools (BOM:505685) Accounts Receivable : ₹959 Mil (As of Sep. 2024)


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What is Taparia Tools Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Taparia Tools's accounts receivables for the quarter that ended in Sep. 2024 was ₹959 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Taparia Tools's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 39.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Taparia Tools's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹136.26.


Taparia Tools Accounts Receivable Historical Data

The historical data trend for Taparia Tools'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.

Taparia Tools Accounts Receivable Chart

Taparia Tools 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 290.71 510.70 611.58 659.71 782.56

Taparia Tools Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 805.21 - 782.56 - 958.70

Taparia Tools Accounts Receivable Calculation

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


Taparia Tools 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.

Taparia Tools's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=958.703/2240.03*91
=39.05

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

Taparia Tools's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(1573.694+0.75 * 958.703+0.5 * 1483.272-966.057
-0-0)/15.1788
=136.26

* 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.


Taparia Tools Accounts Receivable Related Terms

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Taparia Tools Business Description

Traded in Other Exchanges
N/A
Address
423/424, (A-2), Shah and Nahar, Lower Parel (West), Mumbai, MH, IND, 400013
Taparia Tools Ltd manufactures and trades in hand tools in India. It offers Adjustable spanners, Pliers, Mini pliers, Screwdriver bits and sets, Toolsets, Sockets, Socket accessories, Socket sets, Torque wrenches, Pipe wrenches and vice, Hammers, Clamps, Wheel spanners and sets, Spanners and sets, Chisels, Punches, Magnetic products, Cutters, Hacksaw blades, Gear pullers, Allen keys and sets, Tools trolley, Spirit levels, Cutting blades, Non-sparking tools, Testers, and other products. It has a business segment which is into manufacturing Handtools. The group mainly operates in India.

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