Centenial Surgical Suture (BOM:531380) Accounts Receivable : ₹188.0 Mil (As of Mar. 2024)

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What is Centenial Surgical Suture Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Centenial Surgical Suture's accounts receivables for the quarter that ended in Mar. 2024 was ₹188.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Centenial Surgical Suture's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 142.40.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Centenial Surgical Suture's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-29.84.

Centenial Surgical Suture Accounts Receivable Historical Data

The historical data trend for Centenial Surgical Suture'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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Centenial Surgical Suture Accounts Receivable Chart

Centenial Surgical Suture Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

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233.53

224.01

195.26

205.94

188.04

Centenial Surgical Suture 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															205.94	-	208.69	-	188.04

Centenial Surgical Suture Accounts Receivable Calculation

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

Centenial Surgical Suture 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.

Centenial Surgical Suture's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	188.044	/	120.495	*	91
=	142.40

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

Centenial Surgical Suture'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)
=	(6.846	+	0.75 * 188.044	+	0.5 * 425.154	-	469.339
-	0	-	0)	/	3.6483
=	-29.84

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.

Centenial Surgical Suture Accounts Receivable Related Terms

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Centenial Surgical Suture (BOM:531380) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Centenial Surgical Suture Ltd (BOM:531380) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

F-29, MIDC, Murbad, Thane, MH, IND, 421401

Website

https://www.centenialindia.com

Centenial Surgical Suture Ltd is an India-based company engaged in manufacturing, marketing, and selling quality atraumatic needles and sutures; absorbable - synthetic/natural (catgut plain and chromic); non-absorbable sutures; and other medical devices approved and licensed by Food and Drug Administration (FDA). The company's only segment is manufacturing and sale of Medical Devices. The company sells its products in India and also exports internationally; generating a vast majority of the revenue within India.

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