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Waa Solar (BOM:541445) Accounts Receivable : ₹129.4 Mil (As of Sep. 2024)


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What is Waa Solar Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Waa Solar's accounts receivables for the quarter that ended in Sep. 2024 was ₹129.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Waa Solar's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 164.13.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Waa Solar's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹-29.16.


Waa Solar Accounts Receivable Historical Data

The historical data trend for Waa Solar'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.

Waa Solar Accounts Receivable Chart

Waa Solar 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 107.04 108.08 132.57 121.38 129.25

Waa Solar 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 156.60 121.38 111.39 129.25 129.37

Waa Solar Accounts Receivable Calculation

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


Waa Solar 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.

Waa Solar's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=129.365/143.846*91
=164.13

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

Waa Solar'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)
=(226.014+0.75 * 129.365+0.5 * 17.811-730.158
-0--11.3)/13.267
=-29.16

* 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.


Waa Solar Accounts Receivable Related Terms

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Waa Solar Business Description

Traded in Other Exchanges
N/A
Address
Madhav House, Near Panchratna Building, Subhanpura, Vadodara, GJ, IND, 390023
Waa Solar Ltd is an Indian firm engaged in electric power generation, transmission, and distribution. The company is focused on the development of renewable energy in terms of Solar Power Generation through Ground Mounted Projects and also by undertaking Solar Rooftop Projects. Some of the projects of the company are the 10.25 MW Solar PV Power Project, 100 KW Solar PV Power Project, 10.42 MW Solar PV Power Project, and many more. It generates substantial revenue from the sale of solar power products.

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