Rico Auto Industries (NSE:RICOAUTO) Accounts Receivable : ₹3,329 Mil (As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Rico Auto Industries Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Rico Auto Industries's accounts receivables for the quarter that ended in Mar. 2024 was ₹3,329 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Rico Auto Industries's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 55.39.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Rico Auto Industries's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-55.61.

Rico Auto Industries Accounts Receivable Historical Data

The historical data trend for Rico Auto Industries'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.

Rico Auto Industries Accounts Receivable Chart

Rico Auto Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

Get a 7-Day Free Trial

2,662.40

3,522.50

3,636.60

3,951.30

3,328.90

Rico Auto Industries 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															3,951.30	-	3,708.80	-	3,328.90

Rico Auto Industries Accounts Receivable Calculation

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

Rico Auto Industries 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.

Rico Auto Industries's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3328.9	/	5484.1	*	91
=	55.39

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

Rico Auto Industries'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)
=	(297.3	+	0.75 * 3328.9	+	0.5 * 2860.5	-	11717.8
-	0	-	29.5)	/	135.285
=	-55.61

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.

Rico Auto Industries Accounts Receivable Related Terms

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

Rico Auto Industries (NSE:RICOAUTO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Rico Auto Industries Ltd (NSE:RICOAUTO) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

520008:India

Address

Delhi - Jaipur Highway, 38 KM Stone, Gurugram, HR, IND, 122001

Website

https://www.ricoauto.com

Rico Auto Industries Ltd is an established and reputed engineering group sharply focused on the automobile industry. The primary activity of the group includes the manufacturing and sale of auto components for two-wheelers and four-wheelers to original equipment manufacturers. In addition, the company also provides integrated services such as design, development, tooling, casting, machining, and assembly of ferrous and aluminum products. The company generates the majority of its revenue from India.

Rico Auto Industries (NSE:RICOAUTO) Headlines

No Headlines