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Chemtech Industrial Valves (BOM:537326) Accounts Receivable : ₹59.1 Mil (As of Mar. 2024)


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What is Chemtech Industrial Valves Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Chemtech Industrial Valves's accounts receivables for the quarter that ended in Mar. 2024 was ₹59.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Chemtech Industrial Valves's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 51.87.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Chemtech Industrial Valves's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹5.64.


Chemtech Industrial Valves Accounts Receivable Historical Data

The historical data trend for Chemtech Industrial Valves'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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Chemtech Industrial Valves Accounts Receivable Chart

Chemtech Industrial Valves 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 24.91 51.57 25.18 63.57 59.14

Chemtech Industrial Valves 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 63.57 48.25 18.39 91.01 59.14

Chemtech Industrial Valves Accounts Receivable Calculation

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


Chemtech Industrial Valves 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.

Chemtech Industrial Valves's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=59.139/104.037*91
=51.87

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

Chemtech Industrial Valves'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)
=(175.325+0.75 * 59.139+0.5 * 49.345-161.84
-0-0)/14.6373
=5.64

* 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.


Chemtech Industrial Valves Accounts Receivable Related Terms

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Chemtech Industrial Valves (BOM:537326) Business Description

Traded in Other Exchanges
N/A
Address
Road No. 16, Near Kisan Nagar-2, 503, 5th Floor Sunrise Business Park, Plot No. B-68, Wagle Industrial Estate, Thane (West), Mumbai, MH, IND, 400604
Chemtech Industrial Valves Ltd is an India-based company engaged in the business of manufacturing industrial valves of various types and sizes. It operates two segments comprising the Manufacturing of industrial Valves and the Trading of various items for Project Sales. The products offered by the company include ball, gate, globe, check, forged, and butterfly valves among others.

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