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True Green Bio Energy (BOM:533407) Accounts Receivable : ₹0.0 Mil (As of Dec. 2024)


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What is True Green Bio Energy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. True Green Bio Energy's accounts receivables for the quarter that ended in Dec. 2024 was ₹0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. True Green Bio Energy's Days Sales Outstanding for the quarter that ended in Dec. 2024 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. True Green Bio Energy's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ₹N/A.


True Green Bio Energy Accounts Receivable Historical Data

The historical data trend for True Green Bio Energy'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.

True Green Bio Energy Accounts Receivable Chart

True Green Bio Energy 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 360.94 368.37 282.51 62.27 23.68

True Green Bio Energy Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - 23.68 - 117.13 -

True Green Bio Energy Accounts Receivable Calculation

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


True Green Bio Energy 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.

True Green Bio Energy's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/18.415*91
=0.00

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

True Green Bio Energy's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(0+0.75 * 0+0.5 * 0-N/A
-0-0)/29.121
=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.


True Green Bio Energy Accounts Receivable Related Terms

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True Green Bio Energy Business Description

Traded in Other Exchanges
N/A
Address
Shivranjani Cross Roads, Chiripal House, Satellite, Ahmedabad, GJ, IND, 380015
True Green Bio Energy Ltd, formerly CIL Nova Petrochemicals Ltd is a fibre manufacturing company based in India. The company is engaged in manufacturing of polyster oriented yarn and fully drawn yarn. In addition, it also includes blended manmade fibres and others.

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