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Naraingarh Sugar Mills (BOM:531457) Accounts Receivable : ₹0.0 Mil (As of Dec. 2023)


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What is Naraingarh Sugar Mills Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Naraingarh Sugar Mills's accounts receivables for the quarter that ended in Dec. 2023 was ₹0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Naraingarh Sugar Mills's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Naraingarh Sugar Mills's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₹N/A.


Naraingarh Sugar Mills Accounts Receivable Historical Data

The historical data trend for Naraingarh Sugar Mills'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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Naraingarh Sugar Mills Accounts Receivable Chart

Naraingarh Sugar Mills Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20
Accounts Receivable
235.26 386.75 612.42 739.29 813.36

Naraingarh Sugar Mills Quarterly Data
Mar17 Mar18 Mar19 Mar20 Dec22 Dec23
Accounts Receivable Get a 7-Day Free Trial 612.42 739.29 813.36 - -

Naraingarh Sugar Mills Accounts Receivable Calculation

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


Naraingarh Sugar Mills 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.

Naraingarh Sugar Mills's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/372.243*91
=0.00

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

Naraingarh Sugar Mills's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(0+0.75 * 0+0.5 * 0-N/A
-0-0)/20.3122
=N/A

* 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.


Naraingarh Sugar Mills Accounts Receivable Related Terms

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Naraingarh Sugar Mills (BOM:531457) Business Description

Traded in Other Exchanges
N/A
Address
Village Banondi, P.O. Shahzadpur, Tehsil Naraingarh, Ambala, HR, IND, 133001
Naraingarh Sugar Mills Ltd is engaged in the business of manufacturing white crystal sugar and by-products. It earns revenues from the sales of sugar, molasses, power, press mud, and bagasse.

Naraingarh Sugar Mills (BOM:531457) Headlines

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