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Rudra Ecovation (BOM:514010) Accounts Receivable : ₹24.3 Mil (As of Mar. 2024)


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What is Rudra Ecovation Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Rudra Ecovation's accounts receivables for the quarter that ended in Mar. 2024 was ₹24.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Rudra Ecovation's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 22.04.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Rudra Ecovation's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-0.71.


Rudra Ecovation Accounts Receivable Historical Data

The historical data trend for Rudra Ecovation'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.

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Rudra Ecovation Accounts Receivable Chart

Rudra Ecovation 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 91.55 33.44 117.20 80.91 24.29

Rudra Ecovation 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 80.91 - 83.38 - 24.29

Rudra Ecovation Accounts Receivable Calculation

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


Rudra Ecovation 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=24.293/100.589*91
=22.04

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

Rudra Ecovation'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)
=(25.467+0.75 * 24.293+0.5 * 52.938-130.975
-0-0)/86.25
=-0.71

* 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.


Rudra Ecovation Accounts Receivable Related Terms

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Rudra Ecovation (BOM:514010) Business Description

Traded in Other Exchanges
N/A
Address
8-L, Model Town, Backside Hotel Chevron, Ludhiana, PB, IND, 141002
Himachal Fibres Ltd is engaged in the business of manufacturing and sale of cotton polyester yarn and knitted clothes. The company is operating in a single segment that is Textiles which include Knitted Fabric and Blended Yarn. The company's product line includes Cotton Yarn, Melange Yarn, Cotton dyed Yarn, open-ended yarn, and Blended Yarn.

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