GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Shish Industries Ltd (BOM:540693) » Definitions » Accounts Receivable

Shish Industries (BOM:540693) Accounts Receivable : ₹174 Mil (As of Mar. 2025)


View and export this data going back to 2017. Start your Free Trial

What is Shish Industries Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Shish Industries's accounts receivables for the quarter that ended in Mar. 2025 was ₹174 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Shish Industries's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 44.66.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Shish Industries's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ₹-0.41.


Shish Industries Accounts Receivable Historical Data

The historical data trend for Shish Industries'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.

Shish Industries Accounts Receivable Chart

Shish Industries Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.09 88.24 194.00 172.70 173.79

Shish Industries Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 172.70 - 176.96 - 173.79

Shish Industries Accounts Receivable Calculation

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


Shish Industries 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.

Shish Industries's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=173.791/355.093*91
=44.66

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

Shish Industries's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 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)
=(44.521+0.75 * 173.791+0.5 * 303.397-481.193
-0-0)/379.516
=-0.41

* 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.


Shish Industries Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Shish Industries's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Shish Industries Business Description

Traded in Other Exchanges
N/A
Address
Varachha Road, TP No.4, RS No.11 Paiki, 12-13 B, Paiki, Plot C 1st Floor of 11, 12 Suryapur Mill Compound, Surat, GJ, IND, 395006
Shish Industries Ltd is a manufacturer of plastic corrugated sheets. It also manufactures Saffguard and Stagguard which is a twin wall or Multi-Wall Boards made from plastic resin. The company's products include Polypropylene Corrugated Sheet, Reflective Insulation Product- Carmika, dunnage bags, water tank insulation cover, Sticky traps, Insulation Cover, Cooler Bags, and Others. The company is primarily engaged in the business of Corrugated Plastic Sheets which constitute a single reportable segment.

Shish Industries Headlines

No Headlines