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FAR Chemical Industry (DHA:FARCHEM) Accounts Receivable : BDT1,718 Mil (As of Dec. 2024)


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What is FAR Chemical Industry Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. FAR Chemical Industry's accounts receivables for the quarter that ended in Dec. 2024 was BDT1,718 Mil.

Accounts receivable can be measured by Days Sales Outstanding. FAR Chemical Industry's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 148.45.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. FAR Chemical Industry's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was BDT-6.60.


FAR Chemical Industry Accounts Receivable Historical Data

The historical data trend for FAR Chemical Industry'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.

FAR Chemical Industry Accounts Receivable Chart

FAR Chemical Industry Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 581.91 545.78 - 991.65 1,309.13

FAR Chemical Industry 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 1,028.71 1,159.52 1,309.13 1,735.74 1,718.25

FAR Chemical Industry Accounts Receivable Calculation

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


FAR Chemical Industry 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.

FAR Chemical Industry's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1718.254/1056.155*91
=148.45

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

FAR Chemical Industry'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)
=(227.241+0.75 * 1718.254+0.5 * 1084.25-3068.49
-0-0)/153.097
=-6.60

* 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.


FAR Chemical Industry Accounts Receivable Related Terms

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FAR Chemical Industry Business Description

Traded in Other Exchanges
N/A
Address
Road No. 12, House No. 11 (Floor: 5A), Block-F, Niketon, Gulshan-1, Dhaka, BGD, 1212
FAR Chemical Industry Ltd operates in the textile dyeing chemical industry. The principal activities of the company are to manufacture and export chemical products to different export-oriented textiles, dyeing, and apparel industries. Its product range consists of Softening agent, Scouring agent, Anti-foaming agent, Leveling agent, Fixing agent, Retarding agent, Stabilizer, Bleaching agent, and other chemical products. The company generates all of its revenue from the sale of Yarn.

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