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HEC Infra Projects (NSE:HECPROJECT) Accounts Receivable : ₹217.5 Mil (As of Sep. 2023)


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What is HEC Infra Projects Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. HEC Infra Projects's accounts receivables for the quarter that ended in Sep. 2023 was ₹217.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. HEC Infra Projects's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 129.96.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. HEC Infra Projects's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹-11.37.


HEC Infra Projects Accounts Receivable Historical Data

The historical data trend for HEC Infra Projects'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.

HEC Infra Projects Accounts Receivable Chart

HEC Infra Projects Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 281.10 304.80 290.54 301.06 150.37

HEC Infra Projects Quarterly Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 Sep21 Dec21 Mar22 Sep22 Mar23 Sep23 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 290.54 180.01 301.06 217.45 150.37

HEC Infra Projects Accounts Receivable Calculation

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


HEC Infra Projects 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.

HEC Infra Projects's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=217.451/152.68*91
=129.96

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

HEC Infra Projects's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(147.765+0.75 * 217.451+0.5 * 129.434-489.957
-0-0)/10.063
=-11.37

* 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.


HEC Infra Projects Accounts Receivable Related Terms

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HEC Infra Projects (NSE:HECPROJECT) Business Description

Traded in Other Exchanges
N/A
Address
Plot Cross Road, Sindhu Bhavan Road, Sigma-1 Corporates, Corporate House No. 6, Near Maan Party, Bodakdev, Ahmedabad, GJ, IND, 380054
HEC Infra Projects Ltd is an Engineering, Procurement and Construction Company (EPC) Contractor in the Electro-Mechanical and Instrumentation Projects. The company services include switchyards; overhead transmission; substations, underground cable lying; Industrial and commercial electrification, battery energy storage system and mini / micro grid Solar projects water pumping stations; solar park; rooftop solar; indoor and outdoor lighting; security; fire alarm systems and others. It serves Steel, Chemical, Cement, Refineries, Petrochemicals, Gas and Oil Sector, Textile, Pharmaceuticals, Power-generation plants, Ports, Banks, Malls, Call Centers, Software Park; and other industries. It is engaged in the EPC Electro-Mechanical Project Business which is their only segment.

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