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Bhanderi Infracon (BOM:538576) Accounts Receivable : ₹44.10 Mil (As of Mar. 2024)


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What is Bhanderi Infracon Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bhanderi Infracon's accounts receivables for the quarter that ended in Mar. 2024 was ₹44.10 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bhanderi Infracon's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 263.81.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bhanderi Infracon's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-50.25.


Bhanderi Infracon Accounts Receivable Historical Data

The historical data trend for Bhanderi Infracon'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.

Bhanderi Infracon Accounts Receivable Chart

Bhanderi Infracon 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 63.53 56.50 86.90 76.00 44.10

Bhanderi Infracon Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 86.90 83.04 76.00 75.08 44.10

Bhanderi Infracon Accounts Receivable Calculation

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


Bhanderi Infracon 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=44.099/30.507*91
=263.81

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

Bhanderi Infracon'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)
=(10.575+0.75 * 44.099+0.5 * 384.441-332.465
-0-33.894)/2.5966
=-50.25

* 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.


Bhanderi Infracon Accounts Receivable Related Terms

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Bhanderi Infracon (BOM:538576) Business Description

Traded in Other Exchanges
N/A
Address
B/12, Jabuka Complex, Near Bajrang Ashram, Below Vikas School, NH-8, Thakkar Bapanagar, Ahmedabad, GJ, IND, 382350
Bhanderi Infracon Ltd is a real estate development company. The company is engaged in the development of residential flats and bungalows under partnership firms. It offers services to residential, industrial, and commercial sectors. In the industrial sector, it provides services consisting of the construction of factories, sheds, and workshops. It operates in Real Estate and Trading in Grocery segments.

Bhanderi Infracon (BOM:538576) Headlines

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