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Innovators Facade Systems (BOM:541353) Accounts Receivable : ₹439 Mil (As of Sep. 2024)


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What is Innovators Facade Systems Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Innovators Facade Systems's accounts receivables for the quarter that ended in Sep. 2024 was ₹439 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Innovators Facade Systems's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 70.25.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Innovators Facade Systems's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹-20.37.


Innovators Facade Systems Accounts Receivable Historical Data

The historical data trend for Innovators Facade Systems'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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Innovators Facade Systems Accounts Receivable Chart

Innovators Facade Systems 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 360.82 420.93 288.98 450.92 576.42

Innovators Facade Systems Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 364.49 450.92 262.48 576.42 438.99

Innovators Facade Systems Accounts Receivable Calculation

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


Innovators Facade Systems 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.

Innovators Facade Systems's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=438.992/1140.507*91
=70.25

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

Innovators Facade Systems'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)
=(237.187+0.75 * 438.992+0.5 * 728.575-1315.106
-0-0)/18.868
=-20.37

* 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.


Innovators Facade Systems Accounts Receivable Related Terms

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Innovators Facade Systems Business Description

Traded in Other Exchanges
N/A
Address
Sector Number 1, Station Road, 204, B-65, Jaydeep Shanti Nagar, Mira Bhayandar, Mira Road (East), Thane, MH, IND, 401107
Innovators Facade Systems Ltd is engaged in the designing, engineering, fabrication, and installation of facade systems. The company offers total solutions to customers with respect to their requirements for facade installation in complex projects. The entity operates in residential, commercial, and infrastructure projects.

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