Quest Laboratories (NSE:QUESTLAB) Accounts Receivable : ₹234.1 Mil (As of Mar. 2024)

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

What is Quest Laboratories Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Quest Laboratories's accounts receivables for the quarter that ended in Mar. 2024 was ₹234.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Quest Laboratories's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 104.28.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Quest Laboratories's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-2.98.

Quest Laboratories Accounts Receivable Historical Data

The historical data trend for Quest Laboratories'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.

Quest Laboratories Accounts Receivable Chart

Quest Laboratories Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

91.55

220.62

199.38

234.08

Quest Laboratories Quarterly Data
	Mar21	Mar22	Mar23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial			220.62	199.38	454.30	296.65	234.08

Quest Laboratories Accounts Receivable Calculation

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

Quest Laboratories 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	234.084	/	204.83	*	91
=	104.28

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

Quest Laboratories'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)
=	(1.436	+	0.75 * 234.084	+	0.5 * 161.228	-	306.476
-	0	-	0)	/	16.387
=	-2.98

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.

Quest Laboratories Accounts Receivable Related Terms

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

Quest Laboratories Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Quest Laboratories Ltd (NSE:QUESTLAB) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 45, Sector III, Pithampur Industrial Area, District Dhar, Pithampur, MP, IND, 454775

Website

https://www.questlabltd.com

Quest Laboratories Ltd is engaged in the business of manufacturing pharmaceutical formulations across a broad spectrum, including antibiotics, antimalarials, antispasmodics, anti-inflammatories, antiemetics, respiratory medications, diabetes treatments, antidepressants, and more. It produces various products, comprising ethical drugs, generic drugs, and over-the-counter drugs, and is also available in various forms such as tablets, liquid orals, oral dry powders, oral powders (ORS), ointments, and external liquids.

Quest Laboratories Headlines

No Headlines