D K Enterprises Global (NSE:DKEGL) Accounts Receivable : ₹158 Mil (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is D K Enterprises Global Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. D K Enterprises Global's accounts receivables for the quarter that ended in Sep. 2023 was ₹158 Mil.

Accounts receivable can be measured by Days Sales Outstanding. D K Enterprises Global's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 37.77.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. D K Enterprises Global's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹-5.90.

D K Enterprises Global Accounts Receivable Historical Data

The historical data trend for D K Enterprises Global'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.

* Premium members only.

D K Enterprises Global Accounts Receivable Chart

D K Enterprises Global Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Accounts Receivable

50.78

69.21

99.33

137.86

D K Enterprises Global Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Receivable	Get a 7-Day Free Trial			-	99.33	115.51	137.86	158.15

D K Enterprises Global Accounts Receivable Calculation

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

D K Enterprises Global 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.

D K Enterprises Global's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	158.149	/	764.124	*	91
=	37.77

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

D K Enterprises Global's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 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)
=	(105.816	+	0.75 * 158.149	+	0.5 * 96.468	-	304.324
-	0	-	12.63)	/	7.505
=	-5.90

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.

D K Enterprises Global Accounts Receivable Related Terms

Thank you for viewing the detailed overview of D K Enterprises Global's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

D K Enterprises Global (NSE:DKEGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » D K Enterprises Global Ltd (NSE:DKEGL) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot Number - 235, Industrial Area Phase-2, Panchkula, HR, IND, 134109

Website

https://www.dkenterprises.co.in

D K Enterprises Global Ltd manufactures paper-based packaging materials, self-adhesive tapes, and laminated products. The company operates in the business segment of BOPP Tape & laminates and Corrugated boxes & sleeve rolls. The company generates revenue from the BOPP tape and Laminates segment.

D K Enterprises Global (NSE:DKEGL) Headlines

No Headlines