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Inox Wind (BOM:539083) Accounts Receivable : ₹11,373 Mil (As of Mar. 2024)


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What is Inox Wind Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Inox Wind's accounts receivables for the quarter that ended in Mar. 2024 was ₹11,373 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Inox Wind's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 196.65.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Inox Wind's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-26.60.


Inox Wind Accounts Receivable Historical Data

The historical data trend for Inox Wind'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.

Inox Wind Accounts Receivable Chart

Inox Wind 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 13,223.25 10,484.60 10,731.19 8,271.00 11,372.70

Inox Wind Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - 8,271.00 10,811.10 - 11,372.70

Inox Wind Accounts Receivable Calculation

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


Inox Wind 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=11372.7/5277.3*91
=196.65

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

Inox Wind'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)
=(1544+0.75 * 11372.7+0.5 * 12447.9-46031.3
-0-4943.1)/1303.79
=-26.60

* 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.


Inox Wind Accounts Receivable Related Terms

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Inox Wind (BOM:539083) Business Description

Traded in Other Exchanges
Address
Inox Towers, Plot Number 17, Sector 16A, Noida, UP, IND, 201 301
Inox Wind Ltd offers wind energy solutions to the renewable energy industry. It manufactures wind turbine generators and its components. Its services offered include Erection, Procurement and Commissioning, Operations and Maintenance and Common Infrastructure Facilities services for its products and development of wind farm. It conducts its business and provides services to various states in India. The company also offer turnkey solutions for the development of wind power projects which include wind studies, energy assessment, land acquisition, site infrastructure development, power evacuation, and others.

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