Avi Ansh Textile (NSE:AVIANSH) Accounts Receivable : ₹125.6 Mil (As of Sep. 2024)

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What is Avi Ansh Textile Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Avi Ansh Textile's accounts receivables for the quarter that ended in Sep. 2024 was ₹125.6 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. Avi Ansh Textile's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹-0.67.

Avi Ansh Textile Accounts Receivable Historical Data

The historical data trend for Avi Ansh Textile'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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Avi Ansh Textile Accounts Receivable Chart

Avi Ansh Textile Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

71.15

42.98

45.05

116.65

Avi Ansh Textile Quarterly Data
	Mar21	Mar22	Mar23	Dec23	Mar24	Sep24
Accounts Receivable	Get a 7-Day Free Trial			42.98	45.05	82.54	116.65	125.58

Avi Ansh Textile Accounts Receivable Calculation

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

Avi Ansh Textile 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.

Avi Ansh Textile's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	125.577	/	0	*	91
=

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

Avi Ansh Textile'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)
=	(246.976	+	0.75 * 125.577	+	0.5 * 249.677	-	475.344
-	0	-	0)	/	13.977
=	-0.67

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.

Avi Ansh Textile Accounts Receivable Related Terms

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Avi Ansh Textile Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Avi Ansh Textile Ltd (NSE:AVIANSH) » Definitions » Accounts Receivable

Traded in Other Exchanges

N/A

Address

402, 4th Floor, Aggarwal Cyber Plaza-1, Netaji Subhash Place, Pitampura, North West, Delhi, IND, 110034

Website

https://www.avianshgroup.com

Avi Ansh Textile Ltd is a manufacturer and exporter of cotton yarn, including combed and carded cotton yarn in various counts. Its Yarns include Carded cotton, Combed cotton, Short, medium, long slub yarn produced with specific patterns. Its Fabric product include Single Jersey, Rib Knit, Interlock Fabric, Terry, Diagonal Terry, waffle, Thermal, Fleece, Pique, Rice Knit, Dot Knit, Nirmal Knit, Lycra Blended Fabrics, etc.

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