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Gajanand International (NSE:GAJANAND) Accounts Receivable : ₹76 Mil (As of Sep. 2024)


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What is Gajanand International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gajanand International's accounts receivables for the quarter that ended in Sep. 2024 was ₹76 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Gajanand International's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 31.83.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Gajanand International's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹8.13.


Gajanand International Accounts Receivable Historical Data

The historical data trend for Gajanand International'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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Gajanand International Accounts Receivable Chart

Gajanand International Annual Data
Trend Mar22 Mar23 Mar24
Accounts Receivable
37.38 39.16 99.30

Gajanand International Semi-Annual Data
Mar22 Mar23 Sep23 Mar24 Sep24
Accounts Receivable 37.38 39.16 - 99.30 75.81

Gajanand International Accounts Receivable Calculation

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


Gajanand International 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.

Gajanand International's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=75.814/434.745*91
=31.83

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

Gajanand International'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)
=(27.781+0.75 * 75.814+0.5 * 278.272-70.729
-0-0)/18.836
=8.13

* 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.


Gajanand International Accounts Receivable Related Terms

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Gajanand International Business Description

Traded in Other Exchanges
N/A
Address
Jasdan-Atkot Road, Near Bypass Circle, Survey No. 1257/1266, Jasdan, Rajkot, GJ, IND, 360050
Gajanand International Ltd is engaged in producing contamination-free and sustainable cotton. It offers high-quality service to its consumers. Its products include MECH1 Cotton, SHANKAR6 Cotton, DCH 32, and Khol.

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