Hemant Surgical Industries (BOM:543916) Accounts Receivable : ₹185 Mil (As of Sep. 2024)

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What is Hemant Surgical Industries Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hemant Surgical Industries's accounts receivables for the quarter that ended in Sep. 2024 was ₹185 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hemant Surgical Industries's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 68.93.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hemant Surgical Industries's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹-19.95.

Hemant Surgical Industries Accounts Receivable Historical Data

The historical data trend for Hemant Surgical Industries'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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Hemant Surgical Industries Accounts Receivable Chart

Hemant Surgical Industries Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

42.72

156.55

171.98

217.37

Hemant Surgical Industries Semi-Annual Data
	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Accounts Receivable	Get a 7-Day Free Trial			-	171.98	138.75	217.37	184.57

Hemant Surgical Industries Accounts Receivable Calculation

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

Hemant Surgical Industries 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.

Hemant Surgical Industries's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	184.574	/	488.706	*	91
=	68.93

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

Hemant Surgical Industries'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)
=	(78.236	+	0.75 * 184.574	+	0.5 * 308.252	-	579.024
-	0	-	0)	/	10.440
=	-19.95

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.

Hemant Surgical Industries Accounts Receivable Related Terms

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Hemant Surgical Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Hemant Surgical Industries Ltd (BOM:543916) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

J.S.D. Road, 502, 5th Floor, Ecstasy Business Park, Co-Op Society Limited, Mulund West, Mumbai, MH, IND, 400 080

Website

https://www.hemantsurgical.com

Hemant Surgical Industries Ltd is engaged in Importing, manufacturing, and marketing quality surgical and Pharmaceutical Products at an economical price. Its product offerings cover a wide spectrum of equipment and disposables required for (i) Renal Care, (ii) Cardiovascular Disease (iii) Respiratory Disease, (iv) Critical Care and Radiology, and (v) Surgical disposables. Its products include JMS Meditape, JMS Infusion Set, JMS Scalp Vein Set, Ventilators, ECG Machines, and others.

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