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LEEL Electricals (NSE:LEEL) Accounts Receivable : ₹7,379 Mil (As of Mar. 2018)


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What is LEEL Electricals Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. LEEL Electricals's accounts receivables for the quarter that ended in Mar. 2018 was ₹7,379 Mil.

Accounts receivable can be measured by Days Sales Outstanding. LEEL Electricals's Days Sales Outstanding for the quarter that ended in Mar. 2018 was 57.78.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. LEEL Electricals's Net-Net Working Capital per share for the quarter that ended in Mar. 2018 was ₹-45.53.


LEEL Electricals Accounts Receivable Historical Data

The historical data trend for LEEL Electricals'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.

LEEL Electricals Accounts Receivable Chart

LEEL Electricals Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,091.80 5,237.40 6,742.20 7,598.50 7,379.00

LEEL Electricals Semi-Annual Data
Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,091.80 5,237.40 6,742.20 7,598.50 7,379.00

LEEL Electricals Accounts Receivable Calculation

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


LEEL Electricals 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.

LEEL Electricals's Days Sales Outstanding for the quarter that ended in Mar. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=7379/23305.9*91
=57.78

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

LEEL Electricals's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2018 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)
=(295.7+0.75 * 7379+0.5 * 8113.1-11722.9
-0-0)/40.3323
=-45.53

* 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.


LEEL Electricals Accounts Receivable Related Terms

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LEEL Electricals (NSE:LEEL) Business Description

Traded in Other Exchanges
N/A
Address
159, Okhla Industrial Estate, Phase - III, New Delhi, Delhi, IND, 110020
LEEL Electricals Ltd is an India-based heat exchangers coils manufacturer. It manufactures air conditioners for various brands including its own brand of LLOYD. The company also manufactures consumer durable business under Lloyd brand which includes product portfolio like Air-Conditioner, LED TV, Washing Machines, Chest Freezers and other small home appliances. Lloyd's segments are OEM and Packaged Air conditioning Segment, and Heat Exchangers and Components Segments but OEM and Packaged Air conditioning Segment generates the majority of the revenue.

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