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Prosperity Weaving Mills (KAR:PRWM) Accounts Receivable : ₨0.00 Mil (As of . 20)


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What is Prosperity Weaving Mills Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Prosperity Weaving Mills's accounts receivables for the quarter that ended in . 20 was ₨0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Prosperity Weaving Mills's Net-Net Working Capital per share for the quarter that ended in . 20 was ₨N/A.


Prosperity Weaving Mills Accounts Receivable Historical Data

The historical data trend for Prosperity Weaving Mills'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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Prosperity Weaving Mills Accounts Receivable Chart

Prosperity Weaving Mills Annual Data
Trend
Accounts Receivable

Prosperity Weaving Mills Quarterly Data
Accounts Receivable

Prosperity Weaving Mills Accounts Receivable Calculation

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


Prosperity Weaving Mills 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.

Prosperity Weaving Mills's Days Sales Outstanding for the quarter that ended in . 20 is calculated as:

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

Prosperity Weaving Mills's Net-Net Working Capital Per Share for the quarter that ended in . 20 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)
=(+0.75 * +0.5 * -N/A
--)/0
=N/A

* 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.


Prosperity Weaving Mills Accounts Receivable Related Terms

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Prosperity Weaving Mills Business Description

Traded in Other Exchanges
N/A
Address
Nagina House, M.M. Alam Road, 91-B/1, Gulberg-III, Lahore, PB, PAK, 54660
Prosperity Weaving Mills Ltd is engaged in the manufacturing and sale of woven cloth. The company mainly produces greige woven fabric for apparel and home furnishing. It also provides fabrics in cotton and synthetic blends such as flannel, canvas, duck, drills and many more.

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