Gp Eco Solutions India (NSE:GPECO) Accounts Receivable : ₹142 Mil (As of Mar. 2023)

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What is Gp Eco Solutions India Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gp Eco Solutions India's accounts receivables for the quarter that ended in Mar. 2023 was ₹142 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Gp Eco Solutions India's Days Sales Outstanding for the quarter that ended in Mar. 2023 was 25.61.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Gp Eco Solutions India's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was ₹-18.62.

Gp Eco Solutions India Accounts Receivable Historical Data

The historical data trend for Gp Eco Solutions 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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Gp Eco Solutions India Accounts Receivable Chart

Gp Eco Solutions India Annual Data

Trend

Mar21

Mar22

Mar23

Accounts Receivable

38.55

97.18

142.04

Gp Eco Solutions India Semi-Annual Data
	Mar21	Mar22	Mar23
Accounts Receivable	38.55	97.18	142.04

Gp Eco Solutions India Accounts Receivable Calculation

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

Gp Eco Solutions 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.

Gp Eco Solutions 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
=	142.038	/	1012.124	*	91
=	25.61

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

Gp Eco Solutions 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)
=	(0.594	+	0.75 * 142.038	+	0.5 * 127.639	-	389.038
-	0	-	0)	/	11.711
=	-18.62

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.

Gp Eco Solutions India Accounts Receivable Related Terms

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Gp Eco Solutions India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Gp Eco Solutions India Ltd (NSE:GPECO) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

B-39, Sector-59, B Block, Noida, UP, IND, 201301

Website

https://www.gpecosolutions.com

Gp Eco Solutions India Ltd is a Company involved in the distribution of a wide range of solar inverters and solar panels. It serve as an integrated solar energy solutions provider, delivering comprehensive engineering, procurement, and construction (EPC) services to the commercial and residential customers. The company is engaged in one segment of installation and operation of solar power project.

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