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Sheetal Cool Products (BOM:540757) Accounts Receivable : ₹572 Mil (As of Sep. 2024)


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What is Sheetal Cool Products Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sheetal Cool Products's accounts receivables for the quarter that ended in Sep. 2024 was ₹572 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sheetal Cool Products's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 98.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sheetal Cool Products's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹2.43.


Sheetal Cool Products Accounts Receivable Historical Data

The historical data trend for Sheetal Cool Products'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.

Sheetal Cool Products Accounts Receivable Chart

Sheetal Cool Products 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 252.08 55.21 207.80 31.63 500.04

Sheetal Cool Products Quarterly Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 371.90 - 500.04 - 571.89

Sheetal Cool Products Accounts Receivable Calculation

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


Sheetal Cool Products 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.

Sheetal Cool Products's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=571.894/529.901*91
=98.48

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

Sheetal Cool Products's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(66.759+0.75 * 571.894+0.5 * 917.759-928.997
-0-0)/10.5
=2.43

* 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.


Sheetal Cool Products Accounts Receivable Related Terms

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Sheetal Cool Products Business Description

Traded in Other Exchanges
Address
Plot No. 75 to 81, G.I.D.C. Estate, Amreli, GJ, IND, 365601
Sheetal Cool Products Ltd is engaged in the manufacture and sale of ice cream and related products. Its product includes take home; cups; cones; candies; kulfi; cakes and pastries; novelties; and sugar-free. The company has two primary segments namely Milk and Milk Products and Namkeen Products. The majority of the firm's revenue gets derived from the Milk and Milk products segment.

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