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Rajgor Castor Derivatives (NSE:RCDL) Accounts Receivable : ₹992 Mil (As of Mar. 2024)


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What is Rajgor Castor Derivatives Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Rajgor Castor Derivatives's accounts receivables for the quarter that ended in Mar. 2024 was ₹992 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Rajgor Castor Derivatives's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 32.08.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Rajgor Castor Derivatives's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-10.96.

Rajgor Castor Derivatives Accounts Receivable Historical Data

The historical data trend for Rajgor Castor Derivatives'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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Rajgor Castor Derivatives Accounts Receivable Chart

Rajgor Castor Derivatives Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
6.54 0.44 1.81 143.17 991.68

Rajgor Castor Derivatives Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable 6.54 0.44 1.81 143.17 991.68

Rajgor Castor Derivatives Accounts Receivable Calculation

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

Rajgor Castor Derivatives 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.

Rajgor Castor Derivatives's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=991.684/5642.156*91
=32.08

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

Rajgor Castor Derivatives'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)
=(8.256+0.75 * 991.684+0.5 * 243.854-1135.975
-0-0)/23.9158
=-10.96

* 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.

Rajgor Castor Derivatives Accounts Receivable Related Terms

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Rajgor Castor Derivatives Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Rajgor Castor Derivatives Ltd (NSE:RCDL) » Definitions » Accounts Receivable
Comparable Companies
Traded in Other Exchanges
N/A
Address
Science City Road, 1118, Fortune Business Hub, Near Satyamev Elysium, Sola, Ahmedabad, GJ, IND, 380060
Website
https://www.rajgorcastor.com
Rajgor Castor Derivatives Ltd manufactures Refined Castor Oil First Stage Grade (F.S.G.), Castor De-Oiled Cake, and High Protein Castor De-Oiled Cake for the domestic market. It is currently operating on a B2B business Model and offers its customers Castor Oil and its derivatives. It focuses on operations relating to quality control, inventory management, and business development.

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