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DRS Dilip Roadlines (NSE:DRSDILIP) Accounts Receivable : ₹109 Mil (As of Mar. 2024)


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What is DRS Dilip Roadlines Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. DRS Dilip Roadlines's accounts receivables for the quarter that ended in Mar. 2024 was ₹109 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. DRS Dilip Roadlines's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-20.99.


DRS Dilip Roadlines Accounts Receivable Historical Data

The historical data trend for DRS Dilip Roadlines'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.

DRS Dilip Roadlines Accounts Receivable Chart

DRS Dilip Roadlines 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 132.00 91.08 105.71 114.79 109.05

DRS Dilip Roadlines Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Mar24
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 106.32 105.71 124.30 114.79 109.05

DRS Dilip Roadlines Accounts Receivable Calculation

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


DRS Dilip Roadlines 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.

DRS Dilip Roadlines's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=109.051/0*91
=

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

DRS Dilip Roadlines'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)
=(20.806+0.75 * 109.051+0.5 * 1.928-419.639
-0-0)/15.062
=-20.99

* 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.


DRS Dilip Roadlines Accounts Receivable Related Terms

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DRS Dilip Roadlines Business Description

Traded in Other Exchanges
N/A
Address
61, MG Road, 220 to 224 Kabra Complex, 2nd Floor, Secunderabad, TG, IND, 500 003
DRS Dilip Roadlines Ltd is an Indian-based company engaged in the business of providing logistics services including transportation, packing, moving, and warehousing. The company's operating segment includes the Transport Division and Warehouse Division. It generates maximum revenue from the Transport Division segment. Geographically the group operates in India.

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