Sula Vineyards (BOM:543711) Accounts Receivable : ₹1,696 Mil (As of Mar. 2024)

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What is Sula Vineyards Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sula Vineyards's accounts receivables for the quarter that ended in Mar. 2024 was ₹1,696 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sula Vineyards's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 213.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sula Vineyards's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-18.13.

Sula Vineyards Accounts Receivable Historical Data

The historical data trend for Sula Vineyards'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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Sula Vineyards Accounts Receivable Chart

Sula Vineyards Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

1,517.35

1,236.17

1,093.94

1,145.40

1,696.00

Sula Vineyards Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial								1,145.40	-	1,322.80	-	1,696.00

Sula Vineyards Accounts Receivable Calculation

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

Sula Vineyards 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1696	/	726.4	*	91
=	213.05

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

Sula Vineyards'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)
=	(971.9	+	0.75 * 1696	+	0.5 * 1978.4	-	4763.5
-	0	-	0)	/	84.3996
=	-18.13

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.

Sula Vineyards Accounts Receivable Related Terms

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Sula Vineyards (BOM:543711) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Sula Vineyards Ltd (BOM:543711) » Definitions » Accounts Receivable

Traded in Other Exchanges

SULA:India

Address

N.S. Phadke Marg, 901, Hubtown Solaris, Andheri (East), Mumbai, MH, IND, 400 069

Website

https://www.sulavineyards.com

Sula Vineyards Ltd is a producer and seller of wine. It distributes wines under a bouquet of popular brands including RASA, Dindori, The Source, Satori, Madera, and Dia. The company's business is broadly classified under two categories namely the production of wine, the import of wines and spirits, and the distribution of wines and spirits and the sale of services from ownership and operation of wine tourism venues, including vineyard resorts and tasting rooms.

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