Aditya Ultra Steel (NSE:AUSL) Accounts Receivable : ₹205 Mil (As of Sep. 2024)

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What is Aditya Ultra Steel Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Aditya Ultra Steel's accounts receivables for the quarter that ended in Sep. 2024 was ₹205 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Aditya Ultra Steel's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 11.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Aditya Ultra Steel's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹-13.44.

Aditya Ultra Steel Accounts Receivable Historical Data

The historical data trend for Aditya Ultra Steel'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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Aditya Ultra Steel Accounts Receivable Chart

Aditya Ultra Steel Annual Data

Trend

Mar22

Mar23

Mar24

Accounts Receivable

77.06

105.53

472.46

Aditya Ultra Steel Semi-Annual Data
	Mar22	Mar23	Mar24	Sep24
Accounts Receivable	77.06	105.53	472.46	204.97

Aditya Ultra Steel Accounts Receivable Calculation

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

Aditya Ultra Steel 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.

Aditya Ultra Steel's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	204.974	/	3123.904	*	91
=	11.97

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

Aditya Ultra Steel's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=	(201.625	+	0.75 * 204.974	+	0.5 * 614.654	-	996.496
-	0	-	0)	/	24.836
=	-13.44

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.

Aditya Ultra Steel Accounts Receivable Related Terms

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Aditya Ultra Steel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Aditya Ultra Steel Ltd (NSE:AUSL) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

National Highway 8-A, Survey No-48, Wankarner Boudry, Bhalgam, Wankaner, Rajkot, GJ, IND, 363621

Website

https://www.aditya-ultra-steel.com

Aditya Ultra Steel Ltd is engaged in manufacturing rolled steel products, such as TMT bars under the Kamdhenu brand, catering mainly to the construction industry and infrastructure development. The company manufactures TMT bars from billets through a reheating furnace and rolling mill. The company designs and manufactures TMT bars and sells it on B2B Basis. Its customer base is mainly spread across the State of Gujarat.

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