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Sah Polymers (BOM:543743) Accounts Receivable : ₹220 Mil (As of Mar. 2024)


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What is Sah Polymers Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sah Polymers's accounts receivables for the quarter that ended in Mar. 2024 was ₹220 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sah Polymers's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 62.04.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sah Polymers's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-0.08.


Sah Polymers Accounts Receivable Historical Data

The historical data trend for Sah Polymers'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.

Sah Polymers Accounts Receivable Chart

Sah Polymers Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
90.00 96.92 138.56 161.44 220.32

Sah Polymers Quarterly Data
Mar20 Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 161.44 - 205.15 - 220.32

Sah Polymers Accounts Receivable Calculation

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


Sah Polymers 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=220.322/324.044*91
=62.04

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

Sah Polymers'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)
=(127.451+0.75 * 220.322+0.5 * 299.027-444.287
-0-0)/25.796
=-0.08

* 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.


Sah Polymers Accounts Receivable Related Terms

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Sah Polymers (BOM:543743) Business Description

Traded in Other Exchanges
Address
E-260-261 Mewar Industrial Area, Opp UCCI, Madri, Udaipur, RJ, IND, 313003
Sah Polymers Ltd is engaged in manufacturing and selling Polypropylene (PP)/High-Density Polyethylene (HDPE) FIBC Bags, Woven Sacks, HDPE/LLDPE/PP woven fabrics, and woven polymers. It offers customized bulk packaging solutions to business-to-business manufacturers catering to different industries such as agro pesticides industry, basic drug industry, cement industry, cattle feed industry, chemical industry, metal industry, food products industry, textile industry, fertilizer industry, tyre Industry, and many more.

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