Bulkcorp International (NSE:BULKCORP) Accounts Receivable : ₹106.4 Mil (As of Mar. 2024)

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What is Bulkcorp International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bulkcorp International's accounts receivables for the quarter that ended in Mar. 2024 was ₹106.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bulkcorp International's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 42.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bulkcorp International's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-13.13.

Bulkcorp International Accounts Receivable Historical Data

The historical data trend for Bulkcorp International'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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Bulkcorp International Accounts Receivable Chart

Bulkcorp International Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

52.70

77.60

58.97

106.38

Bulkcorp International Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Accounts Receivable	52.70	77.60	58.97	106.38

Bulkcorp International Accounts Receivable Calculation

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

Bulkcorp International 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	106.383	/	451.825	*	91
=	42.97

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

Bulkcorp International'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)
=	(0.363	+	0.75 * 106.383	+	0.5 * 102.852	-	230.232
-	0	-	0)	/	7.514
=	-13.13

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.

Bulkcorp International Accounts Receivable Related Terms

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Bulkcorp International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Bulkcorp International Ltd (NSE:BULKCORP) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Corporate Road, 309, Safal Prelude, Off Prahalad Nagar Audagarden, Ahmedabad, GJ, IND, 380015

Website

https://www.bulkcorp-int.com

Bulkcorp International Ltd is engaged in the manufacturing and supply of Food Grade Flexible Intermediate Bulk Container (FIBC) bags. It offers a range of customisable packaging solutions FIBC bags (Jumbo Bags) which come in eight variations and container liners. Its products include 4 Loop bags, Q FIBC bags, Ventilated bags, etc.

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