Clara Industries (BOM:543435) Accounts Receivable : ₹82.4 Mil (As of Mar. 2024)

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What is Clara Industries Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Clara Industries's accounts receivables for the quarter that ended in Mar. 2024 was ₹82.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Clara Industries's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹17.94.

Clara Industries Accounts Receivable Historical Data

The historical data trend for Clara Industries'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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Clara Industries Accounts Receivable Chart

Clara Industries Annual Data

Trend

Mar22

Mar23

Mar24

Accounts Receivable

26.14

72.48

82.44

Clara Industries Quarterly Data
	Jun21	Nov21	Mar22	Jun22	Sep22	Mar23	Sep23	Mar24
Accounts Receivable	Get a 7-Day Free Trial			-	54.42	72.48	162.77	82.44

Clara Industries Accounts Receivable Calculation

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

Clara Industries 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	82.444	/	0	*	91
=

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

Clara Industries'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)
=	(22.985	+	0.75 * 82.444	+	0.5 * 71.495	-	46.402
-	0	-	0)	/	4.13458
=	17.94

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.

Clara Industries Accounts Receivable Related Terms

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Clara Industries (BOM:543435) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Clara Industries Ltd (BOM:543435) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

127/1, Gram Simbhalka Junardar Paragna, Tehsil and District Saharanpur, Saharanpur, UP, IND, 247001

Website

https://www.clara.co.in

Clara Industries Ltd is engaged in providing flexible plastic packaging solutions. The company is known for manufacturing and supplying high-end multilayer plastic bags and multilayer plastic rolls in India.

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