Srivasavi Adhesive Tapes (NSE:SRIVASAVI) Accounts Receivable : ₹166.7 Mil (As of Sep. 2023)

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What is Srivasavi Adhesive Tapes Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Srivasavi Adhesive Tapes's accounts receivables for the quarter that ended in Sep. 2023 was ₹166.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Srivasavi Adhesive Tapes's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 75.93.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Srivasavi Adhesive Tapes's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹2.75.

Srivasavi Adhesive Tapes Accounts Receivable Historical Data

The historical data trend for Srivasavi Adhesive Tapes'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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Srivasavi Adhesive Tapes Accounts Receivable Chart

Srivasavi Adhesive Tapes Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Accounts Receivable

93.58

104.41

100.80

124.90

Srivasavi Adhesive Tapes Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Accounts Receivable	Get a 7-Day Free Trial			104.41	100.80	101.51	124.90	166.71

Srivasavi Adhesive Tapes Accounts Receivable Calculation

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

Srivasavi Adhesive Tapes 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.

Srivasavi Adhesive Tapes's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	166.71	/	400.715	*	91
=	75.93

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

Srivasavi Adhesive Tapes'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)
=	(7.297	+	0.75 * 166.71	+	0.5 * 111.133	-	148.823
-	0	-	0)	/	14.188
=	2.75

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.

Srivasavi Adhesive Tapes Accounts Receivable Related Terms

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Srivasavi Adhesive Tapes (NSE:SRIVASAVI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Srivasavi Adhesive Tapes Ltd (NSE:SRIVASAVI) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kodigehalli Main Road, Kodigehalli, 17/2, 2nd Floor, Above Sub Registrar Office, Near Chairman’s Club, Sahakarnagar, Sanjeevini Nagar, Bangalore, KA, IND, 560092

Website

https://www.vasavitapes.com

Srivasavi Adhesive Tapes Ltd is engaged in manufacturing, coating, converting and distribution of Adhesive tapes, Die cuts, Films, Foams and allied products. The company caters to various industries such as Automotive, Locomotives, Aerospace, Defence, Electrical & Electronics, Renewable Energy, Solar, Print & Paper, Food & Pharma, FMCG, White & Brown Goods, Furniture, Retail, Construction, Infrastructure, Sports & Fitness Equipment. The company has two business divisions Domestic Sales and Exports.

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