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Asahi India Glass (BOM:515030) Accounts Receivable : ₹3,535 Mil (As of Mar. 2024)


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What is Asahi India Glass Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Asahi India Glass's accounts receivables for the quarter that ended in Mar. 2024 was ₹3,535 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Asahi India Glass's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 29.66.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Asahi India Glass's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-90.59.


Asahi India Glass Accounts Receivable Historical Data

The historical data trend for Asahi India Glass'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.

Asahi India Glass Accounts Receivable Chart

Asahi India Glass 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 2,611.70 2,681.90 2,455.70 3,370.70 3,535.00

Asahi India Glass Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - 3,370.70 4,209.00 - 3,535.00

Asahi India Glass Accounts Receivable Calculation

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


Asahi India Glass 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.

Asahi India Glass's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3535/10876.3*91
=29.66

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

Asahi India Glass'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)
=(1817.4+0.75 * 3535+0.5 * 9940.9-31688.2
-0--226.6)/243.09
=-90.59

* 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.


Asahi India Glass Accounts Receivable Related Terms

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Asahi India Glass (BOM:515030) Business Description

Traded in Other Exchanges
Address
Mehrauli-Gurgaon Road, Global Business Park, Tower-D, 3rd and 11th Floor, Gurugram, HR, IND, 122 002
Asahi India Glass Ltd is a manufacturer of glass products and solutions. The company offers automotive glass products, architectural glass products, windshield repair and replacement services in India, commercial and private-living glass solutions, glass integration and installation services, and special-purpose glass solutions such as noise-cancelling windows, energy-saving windows, and safety glasses. Asahi India Glass' largest business segment by revenue, automotive glass products, produces various glass windshields and integrated products and solutions, such as rain-sensor windshields, heated windshields, and other related products.

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