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PBM Polytex (BOM:514087) Accounts Receivable : ₹96 Mil (As of Mar. 2024)


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What is PBM Polytex Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PBM Polytex's accounts receivables for the quarter that ended in Mar. 2024 was ₹96 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PBM Polytex's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 16.86.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PBM Polytex's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹29.33.


PBM Polytex Accounts Receivable Historical Data

The historical data trend for PBM Polytex'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.

PBM Polytex Accounts Receivable Chart

PBM Polytex 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 98.65 99.74 140.26 177.99 96.29

PBM Polytex 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 177.99 - 113.73 - 96.29

PBM Polytex Accounts Receivable Calculation

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


PBM Polytex 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=96.293/521.217*91
=16.86

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

PBM Polytex'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)
=(105.41+0.75 * 96.293+0.5 * 562.067-256.933
-0-0)/6.87902
=29.33

* 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.


PBM Polytex Accounts Receivable Related Terms

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PBM Polytex (BOM:514087) Business Description

Traded in Other Exchanges
N/A
Address
Productivity Road, Alkapuri, 8th Floor, Ramakrishna Chambers, Vadodara, GJ, IND, 390 007
PBM Polytex Ltd is a yarn manufacturing company. The company is engaged in the manufacturing and processing of cotton yarn and having two cotton spinning units one at Petlad (Gujarat) and another at Borgaon (Madhya Pradesh). It has also four Windmills generating electricity. The company offers raw cotton, such as Shankar 6, and imported varieties, such as Egyptian-Giza, Californian Acala SJV, USA Pima, Israel Pima, Peruvian PIMA, Sudan VS, Australian, Central American SJV, West African and Turkish. Its yarns are used in applications, such as knitting, weaving, gassing, and mercerizing.

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