GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Arex Industries Ltd (BOM:526851) » Definitions » Accounts Receivable

Arex Industries (BOM:526851) Accounts Receivable : ₹95.6 Mil (As of Sep. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Arex Industries Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Arex Industries's accounts receivables for the quarter that ended in Sep. 2024 was ₹95.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Arex Industries's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 70.70.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Arex Industries's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹-36.19.


Arex Industries Accounts Receivable Historical Data

The historical data trend for Arex Industries'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.

Arex Industries Accounts Receivable Chart

Arex Industries 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 106.77 115.60 94.40 81.45 95.63

Arex Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - 95.63 - 95.58

Arex Industries Accounts Receivable Calculation

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


Arex Industries 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.

Arex Industries's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=95.576/123.352*91
=70.70

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

Arex Industries's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(3.598+0.75 * 95.576+0.5 * 85.873-248.463
-0-0)/3.5987
=-36.19

* 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.


Arex Industries Accounts Receivable Related Terms

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


Arex Industries Business Description

Traded in Other Exchanges
N/A
Address
612, G.I.D.C Industrial Estate, Chhatral, Taluka Kalol, Gandhinagar, GJ, IND, 382729
Arex Industries Ltd is an India-based company, which is engaged in the manufacturing of textile materials. The firm engages in the manufacturing of woven and printed labels. Its product offerings include end fold, centerfold, miter fold, Manhattan fold, starched, laser cut, specially coated, self-adhesive, thermo adhesive, die cut, filled in and comfort soft labels. The operating segment of the company is the Manufacturing and Sale of Labels.

Arex Industries Headlines

No Headlines