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Bharat Gears (NSE:BHARATGEAR) Accounts Receivable : ₹1,064 Mil (As of Sep. 2024)


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What is Bharat Gears Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bharat Gears's accounts receivables for the quarter that ended in Sep. 2024 was ₹1,064 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bharat Gears's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 58.96.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bharat Gears's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹-87.82.


Bharat Gears Accounts Receivable Historical Data

The historical data trend for Bharat Gears'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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Bharat Gears Accounts Receivable Chart

Bharat Gears Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,021.93 1,062.74 1,442.79 1,225.28 1,161.89

Bharat Gears Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1,170.80 - 1,161.89 - 1,063.50

Bharat Gears Accounts Receivable Calculation

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


Bharat Gears 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.

Bharat Gears's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1063.5/1645.8*91
=58.96

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

Bharat Gears'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)
=(270.9+0.75 * 1063.5+0.5 * 1009.8-2921.9
-0-0)/15.3551
=-87.82

* 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.


Bharat Gears Accounts Receivable Related Terms

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Bharat Gears Business Description

Traded in Other Exchanges
Address
14th Floor, Hoechst House, Nariman Point, Mumbai, MH, IND, 400021
Bharat Gears Ltd is engaged in the automotive gears business. The company offers a wide range of gear products such as ring gears and pinions, transmission gears and shafts, differential gears, gearboxes and heat treatment furnaces. The company caters to the commercial vehicle, agricultural machinery, construction equipment segments and other. It has a presence in India and USA, Mexico, Spain, and Other countries.

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