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Rulka Electricals (NSE:RULKA) Accounts Receivable : ₹105.8 Mil (As of Sep. 2023)


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What is Rulka Electricals Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Rulka Electricals's accounts receivables for the quarter that ended in Sep. 2023 was ₹105.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Rulka Electricals's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 53.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Rulka Electricals's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹-27.19.


Rulka Electricals Accounts Receivable Historical Data

The historical data trend for Rulka Electricals'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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Rulka Electricals Accounts Receivable Chart

Rulka Electricals Annual Data
Trend Mar21 Mar22 Mar23
Accounts Receivable
46.66 77.11 129.56

Rulka Electricals Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Accounts Receivable 46.66 77.11 129.56 105.78

Rulka Electricals Accounts Receivable Calculation

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


Rulka Electricals 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.

Rulka Electricals's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=105.784/364.258*91
=53.00

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

Rulka Electricals's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 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)
=(2.434+0.75 * 105.784+0.5 * 58.048-226.588
-0-0)/4.258
=-27.19

* 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.


Rulka Electricals Accounts Receivable Related Terms

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Rulka Electricals Business Description

Traded in Other Exchanges
N/A
Address
Lake Road, Unit-B-109, 1st Floor, Shiva Estate, Bhandup (West), Mumbai, MH, IND, 400078
Rulka Electricals Ltd is engaged in offering solution for all types of Electrical & Fire Fighting Turnkey Projects. It offers range of services like Electrical Solutions, Electrical Panels, Solar EPC Contracts, Turn Key Electrical Warehousing Projects, Electric Commercial Industrial Services, Maintenance Services, Electrical Contracting and Data & Voice Cabling Installation across the Industrial Sector, Commercial, Retail and Theatre sector also offer electrical contracting services for all types of industrial plants.

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