Advait Infratech (BOM:543230) Accounts Receivable : ₹431 Mil (As of Mar. 2024)

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What is Advait Infratech Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Advait Infratech's accounts receivables for the quarter that ended in Mar. 2024 was ₹431 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Advait Infratech's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 59.37.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Advait Infratech's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-32.94.

Advait Infratech Accounts Receivable Historical Data

The historical data trend for Advait Infratech'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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Advait Infratech Accounts Receivable Chart

Advait Infratech Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

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159.51

203.56

291.40

468.93

430.88

Advait Infratech Semi-Annual Data
	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Accounts Receivable	Get a 7-Day Free Trial							291.40	396.22	468.93	470.38	430.88

Advait Infratech Accounts Receivable Calculation

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

Advait Infratech 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	430.882	/	1324.42	*	91
=	59.37

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

Advait Infratech'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)
=	(498.169	+	0.75 * 430.882	+	0.5 * 199.453	-	1242.656
-	0	-	14.363)	/	10.2
=	-32.94

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.

Advait Infratech Accounts Receivable Related Terms

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Advait Infratech (BOM:543230) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Advait Infratech Ltd (BOM:543230) » Definitions » Accounts Receivable

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Address

Bopal-Ambli Road, Iscon Temple Cross Road, S.G Highway, A-801 to A-803, Sankalp Iconic Tower, Opposite Vikram Nagar, Bodakdev, Ahmedabad, GJ, IND, 380054

Website

https://www.advaitinfra.com

Advait Infratech Ltd is a supplier of the tools and equipment (Stringing Tools) for a construction of transmission line in India. It operates with various verticals such as Turnkey Telecommunication Projects, Installation of the Power Transmission, Sub Station and Telecom Products, Liasioning-marketing & providing end to end solutions for the overseas customers operating in the field Power Transmission and Sub Station, Trading of the similar products, and manufacturing through OEM of the stringing Tools. Its products and solutions offered are Optical Fibre Ground Wire and OFC cables and its solutions, Insulators for the Extra High Voltage Transmission Lines, Stringing Tools for construction of Transmission lines, Gas Insulators Sub Stations supply, Earthing Solutions.

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