Pranik Logistics (NSE:PRANIK) Accounts Receivable : ₹196.1 Mil (As of Mar. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Pranik Logistics Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pranik Logistics's accounts receivables for the quarter that ended in Mar. 2024 was ₹196.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Pranik Logistics's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 53.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pranik Logistics's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-0.91.

Pranik Logistics Accounts Receivable Historical Data

The historical data trend for Pranik Logistics'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.

Pranik Logistics Accounts Receivable Chart

Pranik Logistics Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

51.62

65.85

108.61

196.13

Pranik Logistics Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Accounts Receivable	51.62	65.85	108.61	196.13

Pranik Logistics Accounts Receivable Calculation

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

Pranik Logistics 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	196.128	/	668.351	*	91
=	53.55

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

Pranik Logistics'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)
=	(85.442	+	0.75 * 196.128	+	0.5 * 0	-	242.511
-	0	-	0)	/	11.010
=	-0.91

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.

Pranik Logistics Accounts Receivable Related Terms

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

Pranik Logistics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Pranik Logistics Ltd (NSE:PRANIK) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

P. S. Srijan Tech Park, Plot No. 52, Block DN, 14th Floor, Sector V, Salt Lake, Kolkata, WB, IND, 700091

Website

https://www.pranikgroup.com

Pranik Logistics Ltd is engaged as carrying and forwarding agent providing end-to-end Logistics solutions. It is a pan India logistics provider, acting as carrying and forwarding agent and providing integrated services including transportation, warehousing, material handling and freight forwarding to various industries such as Retail, Customer Durables, Telecom, Manufacturing, Pharma, etc.

Pranik Logistics Headlines

No Headlines