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Indo Borax & Chemicals (BOM:524342) Accounts Receivable : ₹136 Mil (As of Mar. 2024)


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What is Indo Borax & Chemicals Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Indo Borax & Chemicals's accounts receivables for the quarter that ended in Mar. 2024 was ₹136 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Indo Borax & Chemicals's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 27.31.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Indo Borax & Chemicals's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹50.78.


Indo Borax & Chemicals Accounts Receivable Historical Data

The historical data trend for Indo Borax & Chemicals'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.

Indo Borax & Chemicals Accounts Receivable Chart

Indo Borax & Chemicals 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 80.78 87.81 100.07 127.91 136.08

Indo Borax & Chemicals 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 127.91 - 124.00 - 136.08

Indo Borax & Chemicals Accounts Receivable Calculation

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


Indo Borax & Chemicals 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.

Indo Borax & Chemicals's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=136.079/454.645*91
=27.31

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

Indo Borax & Chemicals'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)
=(1594.252+0.75 * 136.079+0.5 * 223.839-178.548
-0-0)/32.09
=50.78

* 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.


Indo Borax & Chemicals Accounts Receivable Related Terms

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Indo Borax & Chemicals (BOM:524342) Business Description

Traded in Other Exchanges
Address
Linking Road, 302, Link Rose, Santacruz West, Mumbai, MH, IND, 400054
Indo Borax & Chemicals Ltd is engaged in the manufacturing and selling of chemical products. The company's product offerings include Boric acid powder, Boric acid granular, Boric acid, Borax decahydrate granular and Borax decahydrate crystal. The company is operating in a single reportable segment i.e. manufacturing and selling of Chemicals. Its products Boric acid powder has applications in metallurgical operation, electroplating industry, nylon dyeing, nylon manufacturing and agricultural use. It derives revenues from the sale of manufactured goods, traded goods and related services.

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