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Gleam Fabmat (BOM:542477) Accounts Receivable : ₹90.07 Mil (As of Mar. 2024)


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What is Gleam Fabmat Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gleam Fabmat's accounts receivables for the quarter that ended in Mar. 2024 was ₹90.07 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Gleam Fabmat's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 2,511.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Gleam Fabmat's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-1.36.


Gleam Fabmat Accounts Receivable Historical Data

The historical data trend for Gleam Fabmat'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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Gleam Fabmat Accounts Receivable Chart

Gleam Fabmat Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial 57.52 107.88 100.33 93.62 90.07

Gleam Fabmat Semi-Annual Data
Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 100.33 98.80 93.62 93.62 90.07

Gleam Fabmat Accounts Receivable Calculation

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


Gleam Fabmat 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=90.073/6.544*91
=2,511.97

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

Gleam Fabmat'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)
=(0.527+0.75 * 90.073+0.5 * 30.476-96.944
-0-0)/10.018
=-1.36

* 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.


Gleam Fabmat Accounts Receivable Related Terms

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Gleam Fabmat (BOM:542477) Business Description

Traded in Other Exchanges
N/A
Address
Prahladnagar Trade Center Radio Mirchi Road, D-1209, Vejalpur, Ahmedabad, GJ, IND, 380051
Gleam Fabmat Ltd is engaged in two primary businesses Segment Trading in aluminum and allied metal products and Trading in textiles products Trading in aluminum and allied metal products have a major contribution towards total Revenue.

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