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Indifra (NSE:INDIFRA) Accounts Receivable : ₹37.97 Mil (As of Mar. 2024)


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What is Indifra Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Indifra's accounts receivables for the quarter that ended in Mar. 2024 was ₹37.97 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Indifra's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 70.25.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Indifra's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹17.16.


Indifra Accounts Receivable Historical Data

The historical data trend for Indifra'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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Indifra Accounts Receivable Chart

Indifra Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Accounts Receivable
13.18 25.88 31.09 37.97

Indifra Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Accounts Receivable 13.18 25.88 31.09 37.97

Indifra Accounts Receivable Calculation

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


Indifra 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=37.965/98.623*91
=70.25

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

Indifra'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)
=(96.047+0.75 * 37.965+0.5 * 6.929-2.874
-0-0)/7.290
=17.16

* 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.


Indifra Accounts Receivable Related Terms

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Indifra Business Description

Traded in Other Exchanges
N/A
Address
V.V. Nagar Road, 9, Krishna Villa, Near Aamrakunj Society, Anand, Karamsad, GJ, IND, 388325
Indifra Ltd is engaged in Infrastructure Management, Gas Pipeline Laying, Construction Project Management And Electrical Appliances Distribution. The Company is Primarily engaged in the business of trading of Metal and Electrical products, Infrastructure activity and other related services.

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