VVIP Infratech (BOM:544219) Accounts Receivable : ₹1,141 Mil (As of Sep. 2024)

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What is VVIP Infratech Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. VVIP Infratech's accounts receivables for the quarter that ended in Sep. 2024 was ₹1,141 Mil.

Accounts receivable can be measured by Days Sales Outstanding. VVIP Infratech's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 121.79.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. VVIP Infratech's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹-18.85.

VVIP Infratech Accounts Receivable Historical Data

The historical data trend for VVIP Infratech'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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VVIP Infratech Accounts Receivable Chart

VVIP Infratech Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

199.46

667.51

672.68

762.67

VVIP Infratech Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Accounts Receivable	Get a 7-Day Free Trial			667.51	672.68	409.72	762.67	1,140.61

VVIP Infratech Accounts Receivable Calculation

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

VVIP Infratech 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.

VVIP Infratech's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1140.614	/	1709.213	*	91
=	121.79

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

VVIP Infratech'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)
=	(561.107	+	0.75 * 1140.614	+	0.5 * 1511.631	-	2497.738
-	0	-	145.388)	/	24.970
=	-18.85

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.

VVIP Infratech Accounts Receivable Related Terms

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VVIP Infratech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » VVIP Infratech Ltd (BOM:544219) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fifth Floor, VVIP Style, National Highway-58 Raj Nagar Extension, Ghaziabad, UP, IND, 201017

Website

https://www.vvipinfra.com

VVIP Infratech Ltd is an infrastructure company in India. It is engaged in the business of construction of Infrastructure Projects such as Sewer, Sewer Treatment plants, Water Tanks, Water treatment plants, Road sector development, Electrification Development, Transmission and Distribution Infrastructure, and real estate sector. The company is working on projects in the states of Uttar Pradesh, Uttarakhand, NCR Delhi and other northern Parts of India.

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