White Organic Agro (BOM:513713) Accounts Receivable : ₹0.8 Mil (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is White Organic Agro Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. White Organic Agro's accounts receivables for the quarter that ended in Mar. 2024 was ₹0.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. White Organic Agro's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 0.88.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. White Organic Agro's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-0.81.

White Organic Agro Accounts Receivable Historical Data

The historical data trend for White Organic Agro'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.

White Organic Agro Accounts Receivable Chart

White Organic Agro Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

Get a 7-Day Free Trial

645.83

355.05

398.39

38.12

0.78

White Organic Agro 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															38.12	-	10.16	-	0.78

White Organic Agro Accounts Receivable Calculation

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

White Organic Agro 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.

White Organic Agro's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.782	/	80.725	*	91
=	0.88

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

White Organic Agro'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)
=	(5.89	+	0.75 * 0.782	+	0.5 * 0	-	34.668
-	0	-	0)	/	35
=	-0.81

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.

White Organic Agro Accounts Receivable Related Terms

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

White Organic Agro (BOM:513713) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » White Organic Agro Ltd (BOM:513713) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

312A, Kailas Plaza, Vallabh Baug Lane, Ghatkopar (East), Mumbai, MH, IND, 400077

Website

http://www.whiteorganics.co.in

White Organic Agro Ltd is an India-based company which engages in farming and cultivation and wholesale trading of cereals and pulses. It caters to each phase of supply chain including seed research, land acquisition, farming and cultivations, distribution, retails including exports. The company's products are organic cereals pulses and grains, organic oils, organic spices, and condiments.

White Organic Agro (BOM:513713) Headlines

No Headlines