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Triveni Turbine (NSE:TRITURBINE) Accounts Receivable : ₹1,781 Mil (As of Mar. 2024)


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What is Triveni Turbine Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Triveni Turbine's accounts receivables for the quarter that ended in Mar. 2024 was ₹1,781 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Triveni Turbine's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 35.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Triveni Turbine's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹14.04.


Triveni Turbine Accounts Receivable Historical Data

The historical data trend for Triveni Turbine'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.

Triveni Turbine Accounts Receivable Chart

Triveni Turbine 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 1,259.34 777.48 1,014.82 1,292.80 1,780.90

Triveni Turbine 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 1,292.80 - 1,485.70 - 1,780.90

Triveni Turbine Accounts Receivable Calculation

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


Triveni Turbine 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.

Triveni Turbine's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1780.9/4580.5*91
=35.48

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

Triveni Turbine'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)
=(8934.4+0.75 * 1780.9+0.5 * 2262.8-6923.5
-0-15.2)/317.877
=14.04

* 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.


Triveni Turbine Accounts Receivable Related Terms

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Triveni Turbine (NSE:TRITURBINE) Business Description

Traded in Other Exchanges
Address
Express Trade Towers, 8th Floor, 15-16, Sector 16A, Noida, UP, IND, 201301
Triveni Turbine Ltd is an India-based company that supplies power-generating equipment and solutions. The company offers back-pressure and condensing steam turbines, related spare parts, and aftermarket services. In addition, the company owns a partial stake in GE Triveni Limited, a joint venture cofounded by General Electric and Triveni Turbine. This joint venture offers a portfolio of steam turbine products in the global industrial power-generation market. Triveni Turbine's products are used in sectors including sugar, distillery, palm oil, independent power producers, and textiles. The company generates the majority of its sales from the Indian domestic market.

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