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Tara Chand Infralogistic Solutions (NSE:TARACHAND) Accounts Receivable : ₹528 Mil (As of Mar. 2024)


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What is Tara Chand Infralogistic Solutions Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tara Chand Infralogistic Solutions's accounts receivables for the quarter that ended in Mar. 2024 was ₹528 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Tara Chand Infralogistic Solutions's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 103.68.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tara Chand Infralogistic Solutions's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-81.49.


Tara Chand Infralogistic Solutions Accounts Receivable Historical Data

The historical data trend for Tara Chand Infralogistic Solutions'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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Tara Chand Infralogistic Solutions Accounts Receivable Chart

Tara Chand Infralogistic Solutions Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 438.17 628.12 623.09 536.03 528.20

Tara Chand Infralogistic Solutions 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 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 536.03 - 522.33 - 528.20

Tara Chand Infralogistic Solutions Accounts Receivable Calculation

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


Tara Chand Infralogistic Solutions 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.

Tara Chand Infralogistic Solutions's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=528.202/464.861*91
=103.68

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

Tara Chand Infralogistic Solutions'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)
=(4.678+0.75 * 528.202+0.5 * 19.703-1621.215
-0-0)/14.855
=-81.49

* 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.


Tara Chand Infralogistic Solutions Accounts Receivable Related Terms

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Tara Chand Infralogistic Solutions (NSE:TARACHAND) Business Description

Traded in Other Exchanges
N/A
Address
342, Industrial Area, Phase I, Chandigarh, IND, 160002
Tara Chand Infralogistic Solutions Ltd is an Indian company that provides heavy lifting equipment for infrastructure and construction projects. The company is actively engaged in key metro projects in India, largely in Tier 1 and 2 cities, with its large fleet of Hydraulic Piling Rigs, heavy lifting capacity Cranes, and Concrete Construction Machinery. The company has three segments including Transport and handling services, Equipment rental services, and Steel processing and distribution.

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