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Marshall Machines (NSE:MARSHALL) Accounts Receivable : ₹343.04 Mil (As of Sep. 2023)


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What is Marshall Machines Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Marshall Machines's accounts receivables for the quarter that ended in Sep. 2023 was ₹343.04 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Marshall Machines's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 1,745.44.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Marshall Machines's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹-32.41.


Marshall Machines Accounts Receivable Historical Data

The historical data trend for Marshall Machines'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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Marshall Machines Accounts Receivable Chart

Marshall Machines 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 140.41 116.77 180.03 283.98 352.83

Marshall Machines Quarterly Data
Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 Sep21 Dec21 Mar22 Sep22 Mar23 Sep23 Mar24
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 180.03 161.81 283.98 343.04 352.83

Marshall Machines Accounts Receivable Calculation

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


Marshall Machines 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.

Marshall Machines's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=343.043/17.934*91
=1,745.44

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

Marshall Machines's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 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)
=(1.72+0.75 * 343.043+0.5 * 467.276-1033.247
-0-0)/16.6809
=-32.41

* 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.


Marshall Machines Accounts Receivable Related Terms

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Marshall Machines Business Description

Traded in Other Exchanges
N/A
Address
C 86, Phase-V, Focal Point, Ludhiana, PB, IND, 141010
Marshall Machines Ltd is an India based company engaged in the business of developing, manufacturing and marketing of Machine Tool Equipment including a wide range of Single spindle, Patented double and four spindle CNC machines, Automated robotic solutions and patent pending IoTQ suite of intelligent equipment. The company also sells machine parts of the manufactured machines as well to existing machinery buyers. Its products and services are offered to a wide range of industries including manufacturers of Axles, Crankshafts, Auto Parts, Fans, Pumps, Bearings, Gear Blanks, and Bushes among others. The company sells its products in India and also exports it to other countries, of which key revenue is generated from sales made within the country.

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