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Nimbus Projects (BOM:511714) Accounts Receivable : ₹6.69 Mil (As of Sep. 2024)


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What is Nimbus Projects Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nimbus Projects's accounts receivables for the quarter that ended in Sep. 2024 was ₹6.69 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Nimbus Projects's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 104.86.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Nimbus Projects's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹-131.27.


Nimbus Projects Accounts Receivable Historical Data

The historical data trend for Nimbus Projects'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.

Nimbus Projects Accounts Receivable Chart

Nimbus Projects 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 3.40 4.46 4.95 7.18 4.52

Nimbus Projects 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 4.57 - 4.52 - 6.69

Nimbus Projects Accounts Receivable Calculation

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


Nimbus Projects 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.686/5.818*91
=104.86

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

Nimbus Projects'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)
=(352.446+0.75 * 6.686+0.5 * 145.374-1852.838
-0-0)/10.838
=-131.27

* 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.


Nimbus Projects Accounts Receivable Related Terms

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Nimbus Projects Business Description

Traded in Other Exchanges
N/A
Address
23, Barakhamba Road, 1001-1006, 10th Floor Narain Manzil, New Delhi, IND, 110001
Nimbus Projects Ltd is engaged in the construction of residential flats through Special Purpose Vehicles (SPVs) and these SPVs have been allotted plots of land on long term lease, under Builders Residential Scheme (BRS) of the New Okhla Industrial Development Authority (NOIDA), Greater Noida Industrial Development Authority (GNIDA) and Yamuna Expressway Authority (YEA). The projects developed by the company include Express Park View- I, The Hyde Park, The Golden Palms, The Express Park View II, and Nimbus The Palm Village. The company generates the majority of its revenue from the sale of residential property/plot/flat, followed by income from renting services.

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