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ISGEC Heavy Engineering (NSE:ISGEC) Accounts Receivable : ₹25,757 Mil (As of Sep. 2024)


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What is ISGEC Heavy Engineering Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ISGEC Heavy Engineering's accounts receivables for the quarter that ended in Sep. 2024 was ₹25,757 Mil.

Accounts receivable can be measured by Days Sales Outstanding. ISGEC Heavy Engineering's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 142.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. ISGEC Heavy Engineering's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹-281.84.


ISGEC Heavy Engineering Accounts Receivable Historical Data

The historical data trend for ISGEC Heavy Engineering'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.

ISGEC Heavy Engineering Accounts Receivable Chart

ISGEC Heavy Engineering 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 17,930.89 21,450.31 21,518.35 28,195.05 29,286.86

ISGEC Heavy Engineering Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 25,550.70 - 29,286.86 - 25,757.30

ISGEC Heavy Engineering Accounts Receivable Calculation

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


ISGEC Heavy Engineering 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.

ISGEC Heavy Engineering's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=25757.3/16439*91
=142.97

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

ISGEC Heavy Engineering's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(2944.4+0.75 * 25757.3+0.5 * 12827.7-48422
-0-977.9)/73.5295
=-281.84

* 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.


ISGEC Heavy Engineering Accounts Receivable Related Terms

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ISGEC Heavy Engineering Business Description

Traded in Other Exchanges
Address
A-4, Sector 24, Noida, UP, IND, 201301
ISGEC Heavy Engineering Ltd is an India-based company that provides diversified engineering products and services. The company is divided into two segments. The Manufacturing of Machinery & Equipment segment generates revenue based on orders for process plant equipment, presses, castings, boiler components, and liquified gas containers. The Engineering, Procurement & Construction segment which derives maximum revenue, generates it based on contract manufacturing and execution of projects for setting up sugar plants, power plants, boilers, buildings, factories, and others. The company earns the larger part of its revenue in India and the rest from international markets through countries like Nigeria, Vietnam, Morocco, Bangladesh, and others.

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