Lead Reclaim and Rubber Products (NSE:LRRPL) Accounts Receivable : ₹22.9 Mil (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Lead Reclaim and Rubber Products Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lead Reclaim and Rubber Products's accounts receivables for the quarter that ended in Mar. 2024 was ₹22.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Lead Reclaim and Rubber Products's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 47.71.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Lead Reclaim and Rubber Products's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-3.41.

Lead Reclaim and Rubber Products Accounts Receivable Historical Data

The historical data trend for Lead Reclaim and Rubber Products'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.

Lead Reclaim and Rubber Products Accounts Receivable Chart

Lead Reclaim and Rubber Products Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

5.73

9.13

4.10

7.70

22.90

Lead Reclaim and Rubber Products Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Accounts Receivable	Get a 7-Day Free Trial			4.10	5.52	7.70	14.10	22.90

Lead Reclaim and Rubber Products Accounts Receivable Calculation

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

Lead Reclaim and Rubber Products 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.

Lead Reclaim and Rubber Products's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	22.9	/	87.6	*	91
=	47.71

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

Lead Reclaim and Rubber Products'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)
=	(12.4	+	0.75 * 22.9	+	0.5 * 45	-	77.1
-	0	-	0)	/	7.342
=	-3.41

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.

Lead Reclaim and Rubber Products Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Lead Reclaim and Rubber Products's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Lead Reclaim and Rubber Products Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lead Reclaim and Rubber Products Ltd (NSE:LRRPL) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

856/4 Village Pethai Sarali Road, Kheda, GJ, IND, 387630

Website

https://www.leadreclaim.com

Lead Reclaim and Rubber Products Ltd manufactures premium-quality reclaimed rubber, crumb rubber, and rubber granules. Some of its products include Whole Tyre Reclaim Rubbers, Butyl Tube Reclaim Rubber, and Natural Tube Reclaim Rubber.

Lead Reclaim and Rubber Products Headlines

No Headlines