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Organic Recycling Systems (BOM:543997) Accounts Receivable : ₹354.3 Mil (As of Mar. 2024)


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What is Organic Recycling Systems Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Organic Recycling Systems's accounts receivables for the quarter that ended in Mar. 2024 was ₹354.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Organic Recycling Systems's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 433.58.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Organic Recycling Systems's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-23.55.

Organic Recycling Systems Accounts Receivable Historical Data

The historical data trend for Organic Recycling Systems'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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Organic Recycling Systems Accounts Receivable Chart

Organic Recycling Systems Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
97.17 145.22 199.89 312.84 354.31

Organic Recycling Systems Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Sep23 Mar24
Accounts Receivable Get a 7-Day Free Trial 145.22 199.89 312.84 297.54 354.31

Organic Recycling Systems Accounts Receivable Calculation

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

Organic Recycling Systems 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.

Organic Recycling Systems's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=354.31/149.134*91
=433.58

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

Organic Recycling Systems'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)
=(81.942+0.75 * 354.31+0.5 * 11.667-534.829
-0-0)/7.69928
=-23.55

* 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.

Organic Recycling Systems Accounts Receivable Related Terms

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Organic Recycling Systems (BOM:543997) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Organic Recycling Systems Ltd (BOM:543997) » Definitions » Accounts Receivable
Comparable Companies
BOM:543805 NSE:URBAN BOM:514402 NSE:FELIX BOM:526931 BOM:533427 BOM:532001 NSE:NRL BOM:537785 BOM:530643 WM RSG WCN XPAR:VIE GFL CLH XMAD:FCC CWST SHSE:603568 SZSE:002340
Traded in Other Exchanges
N/A
Address
Plot No. 9, Sector-17, Office No. 1003, 10th Floor, The Affaires, Sanpada, Navi Mumbai, MH, IND, 400705
Website
https://www.organicrecycling.co.in
Organic Recycling Systems Ltd is an engineering company focused on environmental solutions and provides waste management solutions across waste types and across the value chain. The company has been a forerunner in providing sustainable waste management solutions in India. It primarily focuses on developing robust, cost-effective & environment-friendly technologies that are simple to operate. It has proven technology and capability of successfully running one of India's first Waste to Energy (WTE) plants developed on anaerobic bio methanation technology. It has also set up an MSW processing and disposal plant in Solapur, Maharashtra to convert Municipal Solid Waste (MSW) into electricity and compost.

Organic Recycling Systems (BOM:543997) Headlines

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