GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » International Industries Ltd (KAR:INIL) » Definitions » Accounts Receivable

International Industries (KAR:INIL) Accounts Receivable : ₨4,932 Mil (As of Mar. 2024)


View and export this data going back to 1984. Start your Free Trial

What is International Industries Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. International Industries's accounts receivables for the quarter that ended in Mar. 2024 was ₨4,932 Mil.

Accounts receivable can be measured by Days Sales Outstanding. International Industries's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 17.84.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. International Industries's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₨-170.74.


International Industries Accounts Receivable Historical Data

The historical data trend for International Industries'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.

International Industries Accounts Receivable Chart

International Industries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,521.63 4,022.61 4,924.84 6,853.08 5,327.87

International Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5,240.04 5,327.87 5,179.88 6,738.76 4,932.19

International Industries Accounts Receivable Calculation

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


International Industries 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.

International Industries's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4932.191/25233.627*91
=17.84

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

International Industries's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(5219.806+0.75 * 4932.191+0.5 * 31159.109-37200.741
-0-9824.677)/131.935
=-170.74

* 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.


International Industries Accounts Receivable Related Terms

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


International Industries (KAR:INIL) Business Description

Traded in Other Exchanges
N/A
Address
10 Beaumont Road, 101, Beaumont Plaza, Karachi, SD, PAK, 75530
International Industries Ltd is a Pakistan-based company engaged in manufacturing and marketing steel pipes and tubes. It operates through three segments namely Steel, Polymer, and Investment. The company generates maximum revenue from the Steel segment. Geographically, it derives a majority of its revenue from Pakistan and also has a presence in Asia, Europe, Australia, Africa, and the Americas. The company's product includes Galvanized Iron Pipe (GI Pipe); IIL MS Sch 40; Cold Rolled Steel Tubing; Scaffolding Pipe (Safescaf); Megaflo 100 (HDPE Water Pipe); Flexflo 80/100 (MDPE Gas Pipe); Cosmo (SS 304); FORZA (SS 409) and others. Its product is used in Hotels; Shopping malls; Kitchen and restaurant equipment; Educational institutions; Resorts and farmhouses; Swimming pools; etc.

International Industries (KAR:INIL) Headlines

No Headlines