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MRP Agro (BOM:543262) Accounts Receivable : ₹2.5 Mil (As of Mar. 2024)


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What is MRP Agro Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. MRP Agro's accounts receivables for the quarter that ended in Mar. 2024 was ₹2.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. MRP Agro's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 1.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. MRP Agro's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-0.98.


MRP Agro Accounts Receivable Historical Data

The historical data trend for MRP Agro'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.

MRP Agro Accounts Receivable Chart

MRP Agro Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
17.14 56.72 37.19 13.63 2.47

MRP Agro Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 37.19 45.56 13.63 11.29 2.47

MRP Agro Accounts Receivable Calculation

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


MRP Agro 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.472/290.973*91
=1.55

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

MRP Agro'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)
=(10.003+0.75 * 2.472+0.5 * 1.554-22.464
-0-0)/10.0353
=-0.98

* 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.


MRP Agro Accounts Receivable Related Terms

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MRP Agro (BOM:543262) Business Description

Traded in Other Exchanges
N/A
Address
Civil Line Road, House No.100, First Floor, Ward No.23, Infront of Thane Ajak, Tikamgarh, MP, IND, 472001
MRP Agro Ltd is engaged in trading and import and export of food grains, fly-ash, and coal products.

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