GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Niraj Cement Structurals Ltd (NSE:NIRAJ) » Definitions » Accounts Receivable

Niraj Cement Structurals (NSE:NIRAJ) Accounts Receivable : ₹680 Mil (As of Sep. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Niraj Cement Structurals Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Niraj Cement Structurals's accounts receivables for the quarter that ended in Sep. 2024 was ₹680 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Niraj Cement Structurals's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 44.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Niraj Cement Structurals's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹-0.74.


Niraj Cement Structurals Accounts Receivable Historical Data

The historical data trend for Niraj Cement Structurals'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.

Niraj Cement Structurals Accounts Receivable Chart

Niraj Cement Structurals 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 637.77 661.12 775.40 1,020.61 571.67

Niraj Cement Structurals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 892.01 - 571.67 - 679.67

Niraj Cement Structurals Accounts Receivable Calculation

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


Niraj Cement Structurals 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.

Niraj Cement Structurals's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=679.67/1380.885*91
=44.91

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

Niraj Cement Structurals'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)
=(263.901+0.75 * 679.67+0.5 * 90.949-848.805
-0-0)/40.1553
=-0.74

* 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.


Niraj Cement Structurals Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Niraj Cement Structurals's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Niraj Cement Structurals Business Description

Traded in Other Exchanges
Address
Niraj House, Sunder Baug, Near Deonar Bus Depot, Deonar, Chembur (East), Mumbai, MH, IND, 400 088
Niraj Cement Structurals Ltd is an India-based company. It is engaged in the infrastructure business, which constructs highways, expressways, turnkey projects roads, bridges, tunnels, etc and other infrastructural work. It also provides services like the ready-mix concrete unit, crushing, rental equipment, and others. The company's only operating segment being Road Construction. Geographically, it operates only in India.

Niraj Cement Structurals Headlines

No Headlines