Cargosol Logistics (BOM:543621) Accounts Receivable : ₹322 Mil (As of Sep. 2024)

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What is Cargosol Logistics Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cargosol Logistics's accounts receivables for the quarter that ended in Sep. 2024 was ₹322 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Cargosol Logistics's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 82.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Cargosol Logistics's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹-17.73.

Cargosol Logistics Accounts Receivable Historical Data

The historical data trend for Cargosol Logistics'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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Cargosol Logistics Accounts Receivable Chart

Cargosol Logistics Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

175.34

268.35

266.22

311.66

313.77

Cargosol Logistics Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Accounts Receivable	Get a 7-Day Free Trial			-	311.66	365.68	313.77	321.78

Cargosol Logistics Accounts Receivable Calculation

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

Cargosol Logistics 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	321.78	/	711.974	*	91
=	82.48

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

Cargosol Logistics'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)
=	(8.001	+	0.75 * 321.78	+	0.5 * 0	-	430.213
-	0	-	0)	/	10.2
=	-17.73

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.

Cargosol Logistics Accounts Receivable Related Terms

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Cargosol Logistics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Cargosol Logistics Ltd (BOM:543621) » Definitions » Accounts Receivable

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Address

Mahakali Caves Road, Unit No. 319, 320, 3rd Floor, Lodha Supremus, Near Hotel Bindra’s, Andheri East, Mumbai, MH, IND, 400093

Website

https://www.cargosol.com

Cargosol Logistics Ltd is a full-service freight forwarder catering to all domestic and International transportation requirements. It provide services like sea and air freight, transportation, warehousing, custom clearance services among other customized solutions.

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