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Olectra Greentech (NSE:OLECTRA) Accounts Receivable : ₹5,132 Mil (As of Mar. 2024)


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What is Olectra Greentech Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Olectra Greentech's accounts receivables for the quarter that ended in Mar. 2024 was ₹5,132 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Olectra Greentech's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 162.15.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Olectra Greentech's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹5.17.


Olectra Greentech Accounts Receivable Historical Data

The historical data trend for Olectra Greentech'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.

Olectra Greentech Accounts Receivable Chart

Olectra Greentech 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 3,617.35 2,636.01 3,655.93 6,304.76 5,132.24

Olectra Greentech Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 6,304.76 - 5,197.80 - 5,132.24

Olectra Greentech Accounts Receivable Calculation

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


Olectra Greentech 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.

Olectra Greentech's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5132.242/2888.102*91
=162.15

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

Olectra Greentech'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)
=(2245.427+0.75 * 5132.242+0.5 * 2161.884-6719.707
-0-31.287)/82.0807
=5.17

* 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.


Olectra Greentech Accounts Receivable Related Terms

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Olectra Greentech (NSE:OLECTRA) Business Description

Traded in Other Exchanges
Address
Technocrat Industrial Estate Balanagar, S-22, 2nd and 3rd Floor, Hyderabad, TG, IND, 500037
Olectra Greentech Ltd is engaged in the manufacturing of Polymer Insulators, Electric Trucks and Electric Buses in India. The company's operating segment includes the Insulator, Electric Trucks, and Electric Bus segment. It generates maximum revenue from the Electric Bus segment.

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