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North Eastern Carrying (NSE:NECCLTD) Accounts Receivable : ₹0 Mil (As of Dec. 2023)


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What is North Eastern Carrying Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. North Eastern Carrying's accounts receivables for the quarter that ended in Dec. 2023 was ₹0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. North Eastern Carrying's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. North Eastern Carrying's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₹N/A.


North Eastern Carrying Accounts Receivable Historical Data

The historical data trend for North Eastern Carrying'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.

North Eastern Carrying Accounts Receivable Chart

North Eastern Carrying Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,097.95 1,153.46 1,043.34 1,058.60 1,153.52

North Eastern Carrying Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 1,153.52 - 1,091.69 -

North Eastern Carrying Accounts Receivable Calculation

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


North Eastern Carrying 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.

North Eastern Carrying's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/855.855*91
=0.00

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

North Eastern Carrying's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(0+0.75 * 0+0.5 * 0-N/A
-0-0)/95.3749
=N/A

* 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.


North Eastern Carrying Accounts Receivable Related Terms

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North Eastern Carrying (NSE:NECCLTD) Business Description

Traded in Other Exchanges
Address
Ram Bagh Road, Azad Market, NECC House, 9062/47, Delhi, IND, 110006
North Eastern Carrying Corp Ltd is engaged in the business of transportation. The firm offers freight management and customized logistics solutions. NECC offers; Parcel load movement; Full truckload services; Containerized movement of cargo; ODC Movement: Bulk Movement: Storage facility, and other transport-related services. Geographically the company has a presence in Nepal and operational setups in Bhutan and Bangladesh. It generates substantial revenue from Freight.

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