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Oriana Power (NSE:ORIANA) Accounts Receivable : ₹201 Mil (As of Mar. 2023)


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What is Oriana Power Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Oriana Power's accounts receivables for the quarter that ended in Mar. 2023 was ₹201 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Oriana Power's Days Sales Outstanding for the quarter that ended in Mar. 2023 was 26.93.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Oriana Power's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was ₹-38.84.


Oriana Power Accounts Receivable Historical Data

The historical data trend for Oriana Power'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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Oriana Power Accounts Receivable Chart

Oriana Power Annual Data
Trend Mar21 Mar22 Mar23
Accounts Receivable
140.49 245.50 200.94

Oriana Power Semi-Annual Data
Mar21 Mar22 Mar23
Accounts Receivable 140.49 245.50 200.94

Oriana Power Accounts Receivable Calculation

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


Oriana Power 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.

Oriana Power's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=200.939/1361.816*91
=26.93

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

Oriana Power's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(28.467+0.75 * 200.939+0.5 * 60.559-953.592
-0-0.922)/19.1826
=-38.84

* 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.


Oriana Power Accounts Receivable Related Terms

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Oriana Power (NSE:ORIANA) Business Description

Traded in Other Exchanges
N/A
Address
First Floor C-103 Sector-2, Noida Gautam Buddha Nagar, Noida, Ghaziabad, UP, IND, 201301
Oriana Power Ltd is a company that specializes in providing solar energy solutions to industrial and commercial customers. It offers low-carbon energy solutions by installing on-site solar projects such as rooftop and ground-mounted systems, as well as off-site solar farms i.e. Open access. Its business operations are primarily divided into two segments: Capital Expenditure (CAPEX) and Renewable Energy Service Company (RESCO). Under the CAPEX model, it offers Engineering, Procurement, construction, and operation of solar projects. Under CAPEX Model it has delivered projects with a capacity exceeding 100 MWp across various locations across India.

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