Ambo Agritec (BOM:543678) Accounts Receivable : ₹57.8 Mil (As of Sep. 2023)

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What is Ambo Agritec Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ambo Agritec's accounts receivables for the quarter that ended in Sep. 2023 was ₹57.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ambo Agritec's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 25.20.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ambo Agritec's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹-6.61.

Ambo Agritec Accounts Receivable Historical Data

The historical data trend for Ambo Agritec'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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Ambo Agritec Accounts Receivable Chart

Ambo Agritec Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Accounts Receivable

51.14

27.52

31.78

136.46

Ambo Agritec Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Sep23
Accounts Receivable	51.14	27.52	31.78	136.46	57.80

Ambo Agritec Accounts Receivable Calculation

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

Ambo Agritec 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.

Ambo Agritec's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	57.802	/	418.586	*	91
=	25.20

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

Ambo Agritec's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 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)
=	(0.974	+	0.75 * 57.802	+	0.5 * 211.567	-	212.197
-	0	-	0)	/	9.39516
=	-6.61

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.

Ambo Agritec Accounts Receivable Related Terms

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Ambo Agritec (BOM:543678) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ambo Agritec Ltd (BOM:543678) » Definitions » Accounts Receivable

Traded in Other Exchanges

N/A

Address

3, Pretoria Street, Chandrakunj Building, 2nd Floor, Kolkata, WB, IND, 700071

Website

https://www.amboagritec.com

Ambo Agritec Ltd is primarily engaged in the business of manufacturing biscuits, outsourced manufacturing of edible oils, vanaspati, and bengali speciality products. In addition to this, the company is also engaged in trading crude linseed oil, and soya bean meal.

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