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Surana Solar (NSE:SURANASOL) Accounts Receivable : ₹4.9 Mil (As of Mar. 2025)


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What is Surana Solar Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Surana Solar's accounts receivables for the quarter that ended in Mar. 2025 was ₹4.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Surana Solar's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 17.73.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Surana Solar's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was ₹2.34.


Surana Solar Accounts Receivable Historical Data

The historical data trend for Surana Solar'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.

Surana Solar Accounts Receivable Chart

Surana Solar Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.52 35.48 3.37 2.20 4.90

Surana Solar Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 Premium Member Only Premium Member Only 2.20 - 108.02 - 4.90

Surana Solar Accounts Receivable Calculation

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


Surana Solar 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.

Surana Solar's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.896/25.203*91
=17.73

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

Surana Solar's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 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)
=(68.666+0.75 * 4.896+0.5 * 157.397-36.06
-0-0)/49.207
=2.34

* 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.


Surana Solar Accounts Receivable Related Terms

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Surana Solar Business Description

Traded in Other Exchanges
Address
Plot No.212/3 & 4, Phase II, IDA, Cherlapally, Hyderabad, TG, IND, 500051
Surana Solar Ltd is engaged in the business of manufacturing solar panels/photovoltaic (PV) cells. The company is also engaged in the generation of wind power energy and trading of other solar-related products. It operates through two segments: Solar Products; and Renewable Energy. The majority of revenue is derived from the Solar products segment which involves the manufacturing and trading of Solar Photovoltaic (SPV) Modules. It offers products such as SPV modules; Home lighting systems Solar street lighting products; and Solar lanterns. The Renewable Energy segment represents revenue derived from the generation of solar and wind power.

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