Avalon Technologies (BOM:543896) Accounts Receivable : ₹1,869 Mil (As of Mar. 2024)

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What is Avalon Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Avalon Technologies's accounts receivables for the quarter that ended in Mar. 2024 was ₹1,869 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Avalon Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 78.64.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Avalon Technologies's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹14.85.

Avalon Technologies Accounts Receivable Historical Data

The historical data trend for Avalon Technologies'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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Avalon Technologies Accounts Receivable Chart

Avalon Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

1,137.85

1,818.88

1,773.73

1,868.56

Avalon Technologies Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial						-	-	1,663.08	-	1,868.56

Avalon Technologies Accounts Receivable Calculation

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

Avalon Technologies 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1868.56	/	2168.1	*	91
=	78.64

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

Avalon Technologies'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)
=	(1827.23	+	0.75 * 1868.56	+	0.5 * 3163.42	-	3834.21
-	0	-	0)	/	65.7127
=	14.85

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.

Avalon Technologies Accounts Receivable Related Terms

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Avalon Technologies (BOM:543896) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Avalon Technologies Ltd (BOM:543896) » Definitions » Accounts Receivable

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AVALON:India

Address

B-7, First Main Road, MEPZ, Tambaram, Chennai, TN, IND, 600 045

Website

https://www.avalontec.com

Avalon Technologies Ltd is a fully integrated electronic manufacturing services company. It focuses on high-value precision engineered products. It offers a full stack product and solution suite, right from printed circuit board design and assembly to the manufacture of complete electronic systems, to certain global original equipment manufacturers (OEMs), including OEMs located in countries like China, Netherlands, the United States, and Japan. Geographically the company generates the majority of its revenue from India.

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