Prospect Consumer Products (BOM:543814) Accounts Receivable : ₹107.4 Mil (As of Sep. 2024)

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What is Prospect Consumer Products Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Prospect Consumer Products's accounts receivables for the quarter that ended in Sep. 2024 was ₹107.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Prospect Consumer Products's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 148.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Prospect Consumer Products's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹13.87.

Prospect Consumer Products Accounts Receivable Historical Data

The historical data trend for Prospect Consumer Products'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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Prospect Consumer Products Accounts Receivable Chart

Prospect Consumer Products Annual Data

Trend

Mar22

Mar23

Mar24

Accounts Receivable

61.17

55.69

Prospect Consumer Products Semi-Annual Data
	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Accounts Receivable	Get a 7-Day Free Trial			-	61.17	73.54	55.69	107.37

Prospect Consumer Products Accounts Receivable Calculation

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

Prospect Consumer Products 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.

Prospect Consumer Products's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	107.374	/	131.546	*	91
=	148.97

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

Prospect Consumer Products'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)
=	(17.682	+	0.75 * 107.374	+	0.5 * 52.855	-	50.82
-	0	-	0)	/	5.3235
=	13.87

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.

Prospect Consumer Products Accounts Receivable Related Terms

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Prospect Consumer Products Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Prospect Consumer Products Ltd (BOM:543814) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

417, Sun Orbit Behind Rajpath Club Road, Bodakdev, Ahmedabad, GJ, IND, 380054

Website

https://www.prospectcommodities.com

Prospect Consumer Products Ltd formerly Prospect Commodities Ltd is engaged in the cashew trading business. The company is processor, exporter and supplier of Natural Cashew Kernel and many types of Flavoured Cashew Kernel. The products of company include various grades of Cashews largely sold in Gujarat. These cashew grades are based on the size and color of the cashew nuts.

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