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Power Grid Of India (NSE:POWERGRID) Accounts Receivable : ₹115,396 Mil (As of Mar. 2024)


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What is Power Grid Of India Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Power Grid Of India's accounts receivables for the quarter that ended in Mar. 2024 was ₹115,396 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Power Grid Of India's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 87.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Power Grid Of India's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-151.86.


Power Grid Of India Accounts Receivable Historical Data

The historical data trend for Power Grid Of India'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.

Power Grid Of India Accounts Receivable Chart

Power Grid Of India 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 50,407.10 86,294.20 91,893.30 129,613.50 115,396.30

Power Grid Of India 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 129,613.50 - 116,406.70 - 115,396.30

Power Grid Of India Accounts Receivable Calculation

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


Power Grid Of India 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.

Power Grid Of India's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=115396.3/119781.1*91
=87.91

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

Power Grid Of India'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)
=(131458.7+0.75 * 115396.3+0.5 * 14062.9-1637454.1
-0-0)/9300.6
=-151.86

* 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.


Power Grid Of India Accounts Receivable Related Terms

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Power Grid Of India (NSE:POWERGRID) Business Description

Traded in Other Exchanges
Address
Saudamini, Plot No. 2, Sector 29, Gurgaon, HR, IND, 122 001
Power Grid Corp Of India Ltd is a state-owned electric utility company in India. The activities of the firm are operated through Transmission, Telecom, and Consultancy segments. Under the Transmission division, the company's principal business is the transmission of bulk power across different states of India. Whereas the Telecom division leverages firm's nationwide transmission infrastructure and operates as a neutral carrier in the point to point Bandwidth Leasing Business. The company is also involved in Consultancy business in which it provides in-house expertise in the Transmission, Distribution and Telecom sectors, including planning design, engineering, load dispatch, procurement management, financing, and other. Geographically all the activities are carried out in India.

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