GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sharp Chucks and Machines Ltd (NSE:SCML) » Definitions » Accounts Receivable

Sharp Chucks and Machines (NSE:SCML) Accounts Receivable : ₹326 Mil (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Sharp Chucks and Machines Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sharp Chucks and Machines's accounts receivables for the quarter that ended in Mar. 2024 was ₹326 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sharp Chucks and Machines's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 29.54.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sharp Chucks and Machines's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-66.72.


Sharp Chucks and Machines Accounts Receivable Historical Data

The historical data trend for Sharp Chucks and Machines'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.

Sharp Chucks and Machines Accounts Receivable Chart

Sharp Chucks and Machines Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Accounts Receivable
213.39 335.92 291.01 326.43

Sharp Chucks and Machines Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Accounts Receivable 213.39 335.92 291.01 326.43

Sharp Chucks and Machines Accounts Receivable Calculation

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


Sharp Chucks and Machines 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.

Sharp Chucks and Machines's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=326.43/2016.612*91
=29.54

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

Sharp Chucks and Machines'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)
=(18.711+0.75 * 326.43+0.5 * 760.813-1361.897
-0-0)/10.760
=-66.72

* 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.


Sharp Chucks and Machines Accounts Receivable Related Terms

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


Sharp Chucks and Machines Business Description

Traded in Other Exchanges
N/A
Address
A-12, Industrial Development Colony, Jalandhar, PB, IND, 144012
Sharp Chucks and Machines Ltd is engaged in manufacturing forging products, casting products and machined components, that finds application in diverse industry, such as tractor, automobiles, material handling & earth moving equipment, railways, defense, machine tools, DIY industry etc.

Sharp Chucks and Machines Headlines

No Headlines