Storage Technologies and Automation (BOM:544171) Accounts Receivable : ₹370.9 Mil (As of Sep. 2024)

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What is Storage Technologies and Automation Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Storage Technologies and Automation's accounts receivables for the quarter that ended in Sep. 2024 was ₹370.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Storage Technologies and Automation's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 136.96.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Storage Technologies and Automation's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹4.97.

Storage Technologies and Automation Accounts Receivable Historical Data

The historical data trend for Storage Technologies and Automation'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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Storage Technologies and Automation Accounts Receivable Chart

Storage Technologies and Automation Annual Data

Trend

Mar21

Mar22

Mar23

Accounts Receivable

161.72

143.17

157.13

Storage Technologies and Automation Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Sep24
Accounts Receivable	161.72	143.17	157.13	-	370.91

Storage Technologies and Automation Accounts Receivable Calculation

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

Storage Technologies and Automation 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.

Storage Technologies and Automation's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	370.911	/	494.253	*	91
=	136.96

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

Storage Technologies and Automation'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)
=	(6.422	+	0.75 * 370.911	+	0.5 * 148.067	-	291.947
-	0	-	2.889)	/	12.840
=	4.97

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.

Storage Technologies and Automation Accounts Receivable Related Terms

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Storage Technologies and Automation Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Storage Technologies and Automation Ltd (BOM:544171) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 10, Survey No 21/6A, 21/7A, 21/7B and 21/8 Singanayakanahalli, Yelahanka, Bangalore, KA, IND, 560064

Website

https://www.racksandrollers.com

Storage Technologies and Automation Ltd is engaged in the storage racking system. The company specializes in the design, manufacturing, and installation services of metal storage racks, automated warehouses, and other storage solutions, storage and logistical requirements, which include oil & gas, automotive components & aerospace, food & beverages and cold storage, pharmaceutical, textile, retail, FMCG and others.

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