Continental Seeds and Chemicals (NSE:CONTI) Accounts Receivable : ₹25.3 Mil (As of Mar. 2022)

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What is Continental Seeds and Chemicals Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Continental Seeds and Chemicals's accounts receivables for the quarter that ended in Mar. 2022 was ₹25.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Continental Seeds and Chemicals's Days Sales Outstanding for the quarter that ended in Mar. 2022 was 4.73.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Continental Seeds and Chemicals's Net-Net Working Capital per share for the quarter that ended in Mar. 2022 was ₹-14.86.

Continental Seeds and Chemicals Accounts Receivable Historical Data

The historical data trend for Continental Seeds and Chemicals'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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Continental Seeds and Chemicals Accounts Receivable Chart

Continental Seeds and Chemicals Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Accounts Receivable

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250.04

128.81

31.88

88.49

25.35

Continental Seeds and Chemicals Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22
Accounts Receivable	Get a 7-Day Free Trial					250.04	128.81	31.88	88.49	25.35

Continental Seeds and Chemicals Accounts Receivable Calculation

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

Continental Seeds and Chemicals 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.

Continental Seeds and Chemicals's Days Sales Outstanding for the quarter that ended in Mar. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	25.348	/	978.927	*	91
=	4.73

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

Continental Seeds and Chemicals's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2022 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)
=	(7.967	+	0.75 * 25.348	+	0.5 * 37.038	-	194.143
-	0	-	0)	/	10.0028
=	-14.86

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.

Continental Seeds and Chemicals Accounts Receivable Related Terms

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Continental Seeds and Chemicals (NSE:CONTI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Continental Seeds and Chemicals Ltd (NSE:CONTI) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

Okhla Industrial Area, Pocket A, Okhla Phase I, Fourth Floor, C-67, DDA Sheds, New Delhi, IND, 110020

Website

https://www.continentalseeds.co.in

Continental Seeds and Chemicals Ltd is engaged in the business of developing, processing, grading and supplying of all kind of agricultural foundation and certified seeds and trading of Mentha Oil. The firm is engaged in the whole process of processing in varieties of seeds, foundation seed, and processing of the same into certified seeds.

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