GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Appollo Ispat Complex Ltd (DHA:APOLOISPAT) » Definitions » Accounts Receivable

Appollo Ispat Complex (DHA:APOLOISPAT) Accounts Receivable : BDT3,633 Mil (As of Mar. 2019)


View and export this data going back to 2013. Start your Free Trial

What is Appollo Ispat Complex Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Appollo Ispat Complex's accounts receivables for the quarter that ended in Mar. 2019 was BDT3,633 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Appollo Ispat Complex's Days Sales Outstanding for the quarter that ended in Mar. 2019 was 481.26.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Appollo Ispat Complex's Net-Net Working Capital per share for the quarter that ended in Mar. 2019 was BDT-4.38.


Appollo Ispat Complex Accounts Receivable Historical Data

The historical data trend for Appollo Ispat Complex'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.

* Premium members only.

Appollo Ispat Complex Accounts Receivable Chart

Appollo Ispat Complex Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Accounts Receivable
Get a 7-Day Free Trial 943.95 1,882.05 2,384.18 2,895.15 3,249.05

Appollo Ispat Complex Quarterly Data
Mar14 Jun14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 3,633.26 3,249.05 3,163.24 3,638.68 3,632.81

Appollo Ispat Complex Accounts Receivable Calculation

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


Appollo Ispat Complex 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.

Appollo Ispat Complex's Days Sales Outstanding for the quarter that ended in Mar. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3632.807/688.809*91
=481.26

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

Appollo Ispat Complex's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2019 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)
=(47.998+0.75 * 3632.807+0.5 * 1314.44-5135.481
-0-0)/389.62
=-4.38

* 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.


Appollo Ispat Complex Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Appollo Ispat Complex's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Appollo Ispat Complex Business Description

Traded in Other Exchanges
N/A
Address
407, Tejgaon Industrial Area, 4th Floor, Phoenix Tower, Dhaka, BGD, 1208
Appollo Ispat Complex Ltd manufactures and sells corrugated iron sheets in Bangladesh and internationally. It offers cold rolled coils; iron or steel galvanized sheets/coils; and ridges. The company's products are used for roofing of new factories, warehouses, and sheds in industrial applications; roofing cow sheds, the roofing and side fencing of poultry farms, and the fencing of agricultural projects; and roofing small shops, shutter as well as for fencing around the construction area.

Appollo Ispat Complex Headlines

No Headlines