Purv Flexipack (NSE:PURVFLEXI) Accounts Receivable : ₹1,245 Mil (As of Sep. 2024)

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What is Purv Flexipack Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Purv Flexipack's accounts receivables for the quarter that ended in Sep. 2024 was ₹1,245 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Purv Flexipack's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 128.74.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Purv Flexipack's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹-68.38.

Purv Flexipack Accounts Receivable Historical Data

The historical data trend for Purv Flexipack'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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Purv Flexipack Accounts Receivable Chart

Purv Flexipack Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

561.62

618.34

749.65

895.47

Purv Flexipack Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Accounts Receivable	Get a 7-Day Free Trial			618.34	749.65	827.46	895.47	1,245.40

Purv Flexipack Accounts Receivable Calculation

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

Purv Flexipack 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.

Purv Flexipack's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1245.403	/	1765.404	*	91
=	128.74

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

Purv Flexipack'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)
=	(21.55	+	0.75 * 1245.403	+	0.5 * 375.211	-	2398.283
-	0	-	179.486)	/	20.979
=	-68.38

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.

Purv Flexipack Accounts Receivable Related Terms

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Purv Flexipack Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Purv Flexipack Ltd (NSE:PURVFLEXI) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

23 Sarat Bose Road, Annapurna Apartment, Suit 1C, 1st Floor, Kolkata, WB, IND, 700020

Website

https://www.purvgroup.in/purv-flexipack-limited

Purv Flexipack Ltd is a company mainly engaged in the distribution of various plastic-based products such as Biaxially Oriented Polypropylene (BOPP) film, Polyester Films, Cast Polypropylene (CPP) films, Plastic granules, Inks, Adhesives, Masterbatches, Ethyl Acedate, and Titanium Dioxide. The company is a dealer of various companies for distribution of plastic based products.

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