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Jainam Ferro Alloys (I) (NSE:JAINAM) Accounts Receivable : ₹168 Mil (As of Sep. 2024)


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What is Jainam Ferro Alloys (I) Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Jainam Ferro Alloys (I)'s accounts receivables for the quarter that ended in Sep. 2024 was ₹168 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Jainam Ferro Alloys (I)'s Days Sales Outstanding for the quarter that ended in Sep. 2024 was 26.84.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Jainam Ferro Alloys (I)'s Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹21.64.


Jainam Ferro Alloys (I) Accounts Receivable Historical Data

The historical data trend for Jainam Ferro Alloys (I)'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.

Jainam Ferro Alloys (I) Accounts Receivable Chart

Jainam Ferro Alloys (I) Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial 71.16 63.40 88.76 154.97 205.58

Jainam Ferro Alloys (I) Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.07 154.97 87.75 205.58 168.39

Jainam Ferro Alloys (I) Accounts Receivable Calculation

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


Jainam Ferro Alloys (I) 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.

Jainam Ferro Alloys (I)'s Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=168.387/1144.964*91
=26.84

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

Jainam Ferro Alloys (I)'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)
=(362.663+0.75 * 168.387+0.5 * 214.038-367.129
-0-0.093)/10.572
=21.64

* 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.


Jainam Ferro Alloys (I) Accounts Receivable Related Terms

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Jainam Ferro Alloys (I) Business Description

Traded in Other Exchanges
N/A
Address
Urla Industrial Area, Sector-C, Plot No. 103 to 113 & 130 to 136/A & 137, Birgaon, Raipur, CT, IND, 492003
Jainam Ferro Alloys (I) Ltd is engaged in the manufacturing of two types of Ferro Alloys - Ferro Manganese and Silico manganese, largely used in the Steel industry. Ferro silicon, ferro silicon oxide, ferro silicon, ferro silicon, and ferro chrome are among the company's products. The company also generates revenue from trading activities of manganese ore, used as a raw material in the manufacturing of Ferro alloys. It sells products within India.

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