Creative Graphics Solutions India (NSE:CGRAPHICS) Accounts Receivable : ₹775 Mil (As of Sep. 2024)

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What is Creative Graphics Solutions India Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Creative Graphics Solutions India's accounts receivables for the quarter that ended in Sep. 2024 was ₹775 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Creative Graphics Solutions India's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 125.03.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Creative Graphics Solutions India's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹2.28.

Creative Graphics Solutions India Accounts Receivable Historical Data

The historical data trend for Creative Graphics Solutions India'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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Creative Graphics Solutions India Accounts Receivable Chart

Creative Graphics Solutions India Annual Data

Trend

Mar21

Mar22

Mar23

Accounts Receivable

210.31

250.78

291.72

Creative Graphics Solutions India Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Sep24
Accounts Receivable	210.31	250.78	291.72	369.59	774.50

Creative Graphics Solutions India Accounts Receivable Calculation

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

Creative Graphics Solutions India 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.

Creative Graphics Solutions India's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	774.5	/	1130.5	*	91
=	125.03

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

Creative Graphics Solutions India'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)
=	(345.2	+	0.75 * 774.5	+	0.5 * 324	-	1032.8
-	0	-	0)	/	24.286
=	2.28

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.

Creative Graphics Solutions India Accounts Receivable Related Terms

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Creative Graphics Solutions India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Creative Graphics Solutions India Ltd (NSE:CGRAPHICS) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gautam Buddha Nagar, A-31, Sector-58, Noida, UP, IND, 01301

Website

https://www.creativegraphics.net.in

Creative Graphics Solutions India Ltd is a pre-press company, engaged in the manufacturing of flexographic printing plates including Digital Flexo Plates, Conventional Flexo Printing Plates, Letter Press Plates, Metal Back Plates, and Coating Plates. The company operates in a single segment called Flexographic plates.

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