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Captain Polyplast (BOM:536974) Accounts Receivable : ₹1,766 Mil (As of Mar. 2024)


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What is Captain Polyplast Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Captain Polyplast's accounts receivables for the quarter that ended in Mar. 2024 was ₹1,766 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Captain Polyplast's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 234.33.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Captain Polyplast's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-3.20.


Captain Polyplast Accounts Receivable Historical Data

The historical data trend for Captain Polyplast'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.

Captain Polyplast Accounts Receivable Chart

Captain Polyplast 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 947.58 1,121.73 1,084.13 1,180.36 1,766.07

Captain Polyplast 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 1,180.36 - 1,607.75 - 1,766.07

Captain Polyplast Accounts Receivable Calculation

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


Captain Polyplast 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.

Captain Polyplast's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1766.066/687.717*91
=234.33

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

Captain Polyplast'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)
=(48.736+0.75 * 1766.066+0.5 * 346.031-1715.68
-0-0)/52.8788
=-3.20

* 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.


Captain Polyplast Accounts Receivable Related Terms

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Captain Polyplast (BOM:536974) Business Description

Traded in Other Exchanges
N/A
Address
Survey No. 267, Plot No. 10A, 10B and 11, N.H. No.27, Captain Gate, Shapar - Veraval, Rajkot, GJ, IND, 360 024
Captain Polyplast Ltd is engaged in the business of manufacturing and selling micro-irrigation systems and allied products. The segments include Manufacturing of Micro Irrigation Systems & Allied Products and DCA cum CS of Indian Oil Corporation Ltd. (IOCL) - PolymerBusiness. Its products include Irrigation Equipments including drip irrigation system, irrigation laterals, compression fittings, valves, irrigation filters, venturi injectors, sprinkler irrigation system, mini sprinkler irrigation system, greenhouse, and mulch films; Solar System including solar water pumping system, solar fence energizer, solar water heater, solar street light system; Fertilizer; Polymer; and Pipes and Fittings. The majority of the revenue is from the Micro Irrigation Systems & Allied Products segment.

Captain Polyplast (BOM:536974) Headlines

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