Gayatri Rubbers and Chemicals (NSE:GRCL) Accounts Receivable : ₹50.2 Mil (As of Mar. 2024)

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What is Gayatri Rubbers and Chemicals Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gayatri Rubbers and Chemicals's accounts receivables for the quarter that ended in Mar. 2024 was ₹50.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Gayatri Rubbers and Chemicals's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 37.52.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Gayatri Rubbers and Chemicals's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹8.57.

Gayatri Rubbers and Chemicals Accounts Receivable Historical Data

The historical data trend for Gayatri Rubbers and Chemicals'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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Gayatri Rubbers and Chemicals Accounts Receivable Chart

Gayatri Rubbers and Chemicals Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

37.73

33.87

27.64

45.09

50.18

Gayatri Rubbers and Chemicals Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Mar24
Accounts Receivable	37.73	33.87	27.64	45.09	50.18

Gayatri Rubbers and Chemicals Accounts Receivable Calculation

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

Gayatri Rubbers and Chemicals 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.

Gayatri Rubbers and Chemicals's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	50.183	/	244.111	*	91
=	37.52

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

Gayatri Rubbers and Chemicals'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)
=	(4.128	+	0.75 * 50.183	+	0.5 * 46.596	-	15.877
-	0	-	0)	/	5.738
=	8.57

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.

Gayatri Rubbers and Chemicals Accounts Receivable Related Terms

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Gayatri Rubbers and Chemicals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Gayatri Rubbers and Chemicals Ltd (NSE:GRCL) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Malerna Road, Plot No. 11, Gali No. 3, Opposite Beri ka Bagh, Ballabgarh, Faridabad, HR, IND, 121004

Website

https://www.gayatrirubberchemicals.com

Gayatri Rubbers and Chemicals Ltd is engaged in manufacturing and trading rubber products. The company's product portfolio includes Aluminium rubber profiles, Automobile rubber profiles, Sponge rubber components, Clear PVC profiles, Industrial rubber, and Railway sector rubber. Geographically, the company operates within India.