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Ceylon Grain Elevators (COL:GRAN.N0000) Accounts Receivable : රු1,240 Mil (As of Dec. 2024)


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What is Ceylon Grain Elevators Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ceylon Grain Elevators's accounts receivables for the quarter that ended in Dec. 2024 was රු1,240 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ceylon Grain Elevators's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 16.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ceylon Grain Elevators's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was රු74.87.


Ceylon Grain Elevators Accounts Receivable Historical Data

The historical data trend for Ceylon Grain Elevators'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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Ceylon Grain Elevators Accounts Receivable Chart

Ceylon Grain Elevators Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 428.96 542.15 671.97 783.03 1,240.29

Ceylon Grain Elevators Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 783.03 1,225.31 875.89 1,319.66 1,240.29

Ceylon Grain Elevators Accounts Receivable Calculation

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


Ceylon Grain Elevators 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.

Ceylon Grain Elevators's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1240.288/7053.002*91
=16.05

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

Ceylon Grain Elevators's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(12023.202+0.75 * 1240.288+0.5 * 5611.441-7521.894
-0-3744.879)/60.000
=74.87

* 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.


Ceylon Grain Elevators Accounts Receivable Related Terms

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Ceylon Grain Elevators Business Description

Traded in Other Exchanges
N/A
Address
No 15, Rock House Lane, Colombo, LKA, 15
Ceylon Grain Elevators PLC is engaged in poultry activities. Its segments include Milling and farming, Poultry breeding and commercial, and others. The majority of the revenue is generated from the Milling and farming segment which includes manufacturing and selling poultry feed, other animal feed, poultry processing, importing, and selling drugs and vaccines. The Poultry breeding. The commercial segment includes the breeding of commercial day-old chicks and broiler farming and the provision of hatchery services, and the Other segment includes the provision of warehouse facilities and trading.

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