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Hindprakash Industries�Ltd (NSE:HPIL) Accounts Receivable : ₹259.7 Mil (As of Mar. 2024)


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What is Hindprakash Industries�Ltd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hindprakash Industries�Ltd's accounts receivables for the quarter that ended in Mar. 2024 was ₹259.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hindprakash Industries�Ltd's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 112.94.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hindprakash Industries�Ltd's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-2.83.


Hindprakash Industries�Ltd Accounts Receivable Historical Data

The historical data trend for Hindprakash Industries�Ltd'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.

Hindprakash Industries�Ltd Accounts Receivable Chart

Hindprakash Industries�Ltd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial 220.38 233.58 232.07 325.91 259.74

Hindprakash Industries�Ltd Semi-Annual Data
Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 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 232.07 238.49 325.91 231.79 259.74

Hindprakash Industries�Ltd Accounts Receivable Calculation

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


Hindprakash Industries�Ltd 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=259.736/419.723*91
=112.94

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

Hindprakash Industries�Ltd'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)
=(18.182+0.75 * 259.736+0.5 * 199.64-345.116
-0-0)/11.4241
=-2.83

* 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.


Hindprakash Industries�Ltd Accounts Receivable Related Terms

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Hindprakash Industries�Ltd (NSE:HPIL) Business Description

Traded in Other Exchanges
Address
301 Hindprakash House Plot No. 10/6, Phase-I, GIDC, Vatva, Ahmedabad, GJ, IND, 382 445
Hindprakash Industries Ltd is an Indian company engaged in manufacturing, dealing, and trading of dyes, intermediates, auxiliary, chemicals, and other merchandise. The company's products include Dyestuff, Dyes intermediates, Textile chemicals and aux, and Water treatments. It earns revenues from the manufacturing of dyes.

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