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Greenpanel Industries (NSE:GREENPANEL) Accounts Receivable : ₹290 Mil (As of Mar. 2024)


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What is Greenpanel Industries Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Greenpanel Industries's accounts receivables for the quarter that ended in Mar. 2024 was ₹290 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Greenpanel Industries's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 6.74.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Greenpanel Industries's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-25.56.


Greenpanel Industries Accounts Receivable Historical Data

The historical data trend for Greenpanel Industries'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.

Greenpanel Industries Accounts Receivable Chart

Greenpanel Industries Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial 705.21 777.60 414.43 443.97 290.42

Greenpanel Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 443.97 254.79 - 290.42

Greenpanel Industries Accounts Receivable Calculation

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


Greenpanel Industries 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.

Greenpanel Industries's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=290.419/3932.76*91
=6.74

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

Greenpanel Industries'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)
=(1375.59+0.75 * 290.419+0.5 * 2015.587-5736.084
-0-0)/122.627
=-25.56

* 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.


Greenpanel Industries Accounts Receivable Related Terms

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Greenpanel Industries (NSE:GREENPANEL) Business Description

Traded in Other Exchanges
Address
163, S.P. Mukherjee Road, Thapar House, 2nd Floor, Kolkata, WB, IND, 700 026
Greenpanel Industries Ltd is a manufacturer of wood panels. It offers products such as Medium Density Fibre Boards, Plywood, Block Boards, Veneers, Wood Floors, and Doors. The operating segment of the company includes Plywood and allied products and Medium density fibreboards and allied products. The company generates maximum revenue from Medium density fibreboards and allied products segment. Geographically, it derives a majority of its revenue from India.

Greenpanel Industries (NSE:GREENPANEL) Headlines

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