Falcon Techno projects India (NSE:FALCONTECH) Accounts Receivable : ₹26.8 Mil (As of Mar. 2023)

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What is Falcon Techno projects India Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Falcon Techno projects India's accounts receivables for the quarter that ended in Mar. 2023 was ₹26.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Falcon Techno projects India's Days Sales Outstanding for the quarter that ended in Mar. 2023 was 29.59.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Falcon Techno projects India's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was ₹-19.61.

Falcon Techno projects India Accounts Receivable Historical Data

The historical data trend for Falcon Techno projects 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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Falcon Techno projects India Accounts Receivable Chart

Falcon Techno projects India Annual Data

Trend

Mar21

Mar22

Mar23

Accounts Receivable

15.72

49.34

26.81

Falcon Techno projects India Semi-Annual Data
	Mar21	Mar22	Mar23
Accounts Receivable	15.72	49.34	26.81

Falcon Techno projects India Accounts Receivable Calculation

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

Falcon Techno projects 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.

Falcon Techno projects India's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	26.812	/	165.35	*	91
=	29.59

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

Falcon Techno projects India's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=	(1.598	+	0.75 * 26.812	+	0.5 * 116.275	-	184.914
-	0	-	0)	/	5.357
=	-19.61

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.

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Falcon Techno projects India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Falcon Techno projects India Ltd (NSE:FALCONTECH) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

Swami Vivekanand Marg, 805/806, 11th Floor, The Platina, Tanvi Complex, Dahisar (East), Mumbai, MH, IND, 400068

Website

https://www.falcongroupindia.com

Falcon Techno projects India Ltd is engaged in the business of providing electrical, mechanical, and plumbing-related services. The various services offered by the company include Electrical Contractor Services, HVAC System Installation Services, Electrical Consultant Services, Fire Fighting System Installation Services, CCTV Camera Installation Services, Access Control Installation Services, and Fire Alarm Installation Services.

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