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Metal Coatings (India) (BOM:531810) Accounts Receivable : ₹286 Mil (As of Mar. 2024)


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What is Metal Coatings (India) Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Metal Coatings (India)'s accounts receivables for the quarter that ended in Mar. 2024 was ₹286 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Metal Coatings (India)'s Days Sales Outstanding for the quarter that ended in Mar. 2024 was 59.25.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Metal Coatings (India)'s Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹30.05.


Metal Coatings (India) Accounts Receivable Historical Data

The historical data trend for Metal Coatings (India)'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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Metal Coatings (India) Accounts Receivable Chart

Metal Coatings (India) 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 242.23 253.47 275.92 279.70 285.58

Metal Coatings (India) 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 279.70 - 287.22 - 285.58

Metal Coatings (India) Accounts Receivable Calculation

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


Metal Coatings (India) 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.

Metal Coatings (India)'s Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=285.576/439.802*91
=59.25

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

Metal Coatings (India)'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)
=(55.554+0.75 * 285.576+0.5 * 63.946-81.558
-0-0)/7.3268
=30.05

* 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.


Metal Coatings (India) Accounts Receivable Related Terms

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Metal Coatings (India) (BOM:531810) Business Description

Traded in Other Exchanges
N/A
Address
912, Hemkunt Chambers, 89, Nehru Place, New Delhi, IND, 110019
Metal Coatings (India) Ltd is an Indian based company engaged in the manufacturing and sale of steel products. Its products include cold rolled steel strips, hot rolled pickled oiled coils/strips, cold rolled flat wire strips, and galvanized wire and galvanized strips. These products are used by a wide range of user industries such as auto component, white goods and electrical equipment, and others.

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