Shyam Century Ferrous (NSE:SHYAMCENT) Accounts Receivable : ₹171 Mil (As of Mar. 2024)

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What is Shyam Century Ferrous Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Shyam Century Ferrous's accounts receivables for the quarter that ended in Mar. 2024 was ₹171 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Shyam Century Ferrous's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 38.19.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Shyam Century Ferrous's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹4.49.

Shyam Century Ferrous Accounts Receivable Historical Data

The historical data trend for Shyam Century Ferrous'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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Shyam Century Ferrous Accounts Receivable Chart

Shyam Century Ferrous Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

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384.41

220.78

480.92

156.77

170.64

Shyam Century Ferrous 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															156.77	-	66.46	-	170.64

Shyam Century Ferrous Accounts Receivable Calculation

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

Shyam Century Ferrous 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.

Shyam Century Ferrous's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	170.638	/	407.682	*	91
=	38.19

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

Shyam Century Ferrous'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)
=	(837.627	+	0.75 * 170.638	+	0.5 * 333.348	-	180.611
-	0	-	0)	/	212.173
=	4.49

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.

Shyam Century Ferrous Accounts Receivable Related Terms

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Shyam Century Ferrous (NSE:SHYAMCENT) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Shyam Century Ferrous Ltd (NSE:SHYAMCENT) » Definitions » Accounts Receivable

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539252:India

Address

P-15/1, Taratala Main Road, 2nd Floor, Century House, CPT Colony, Taratala, Kolkata, WB, IND, 700088

Website

https://www.shyamcenturyferrous.com

Shyam Century Ferrous Ltd is involved in the steel business sector. The company is engaged in the manufacture and sale of Ferro Silicon, Silico Manganese, power, and other ferroalloys. Ferro-silicon is one of the prime raw ingredients of Stainless steel and small quantities in Mild Steel i.e. MS steel. Its business segments include Ferro Alloy which manufactures ferrous and Power which generates power, out of which the Ferro Alloy segment generates the maximum revenue for the company. The company only caters to the Indian market.

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