GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Abans Enterprises Ltd (BOM:512165) » Definitions » Accounts Receivable

Abans Enterprises (BOM:512165) Accounts Receivable : ₹1,804 Mil (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Abans Enterprises Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Abans Enterprises's accounts receivables for the quarter that ended in Mar. 2024 was ₹1,804 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Abans Enterprises's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 29.14.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Abans Enterprises's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹5.77.


Abans Enterprises Accounts Receivable Historical Data

The historical data trend for Abans Enterprises'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.

Abans Enterprises Accounts Receivable Chart

Abans Enterprises 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 4,502.33 2,507.25 1,167.98 1,493.01 1,804.36

Abans Enterprises 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 1,493.01 - 2,168.35 - 1,804.36

Abans Enterprises Accounts Receivable Calculation

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


Abans Enterprises 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1804.358/5650.027*91
=29.14

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

Abans Enterprises'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)
=(826.457+0.75 * 1804.358+0.5 * 993.551-2596.019
-0-0)/13.9498
=5.77

* 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.


Abans Enterprises Accounts Receivable Related Terms

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


Abans Enterprises (BOM:512165) Business Description

Traded in Other Exchanges
N/A
Address
227 Nariman Bhavan, 36, 37, 38A, 3rd Floor, Backbay Reclamation, Nariman Point, Mumbai, MH, IND, 400 021
Abans Enterprises Ltd is involved in the business of trading, processing, broking, and consulting in commodities, agricultural products, precious metals, shares, and derivatives in electronic exchanges. The company's operating segment includes General Trading of commodities and Trading in Derivatives. It generates maximum revenue from the General Trading of commodities segment.

Abans Enterprises (BOM:512165) Headlines

No Headlines