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Sona BLW Precision Forgings (NSE:SONACOMS) Accounts Receivable : ₹6,483 Mil (As of Mar. 2024)


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What is Sona BLW Precision Forgings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sona BLW Precision Forgings's accounts receivables for the quarter that ended in Mar. 2024 was ₹6,483 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sona BLW Precision Forgings's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 75.71.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sona BLW Precision Forgings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-4.23.


Sona BLW Precision Forgings Accounts Receivable Historical Data

The historical data trend for Sona BLW Precision Forgings'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.

Sona BLW Precision Forgings Accounts Receivable Chart

Sona BLW Precision Forgings Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial 2,336.28 4,169.87 4,451.89 6,088.52 6,482.63

Sona BLW Precision Forgings Quarterly Data
Mar19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,088.52 - 6,760.23 - 6,482.63

Sona BLW Precision Forgings Accounts Receivable Calculation

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


Sona BLW Precision Forgings 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.

Sona BLW Precision Forgings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6482.63/7813.04*91
=75.71

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

Sona BLW Precision Forgings'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)
=(3065.47+0.75 * 6482.63+0.5 * 3474.91-10648.08
-0-1497.77)/586.448
=-4.23

* 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.


Sona BLW Precision Forgings Accounts Receivable Related Terms

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Sona BLW Precision Forgings (NSE:SONACOMS) Business Description

Traded in Other Exchanges
Address
Sona Enclave, Sector 35, Post box No. 90, Village Begumpur Khatola, Gurugram, HR, IND, 122 004
Sona BLW Precision Forgings Ltd is an automotive technology company in India. It is primarily engaged in designing, manufacturing, and supplying of precision forged bevel gears and differential case assemblies, conventional and micro-hybrid starter motors, EV traction motors for automotive and other applications. The Company's operating business is organised and managed according to a single primary reportable business segment namely Automotive Components. Geographically, it derives a majority of revenue from Outside India.

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