Vishwas Agri Seeds (NSE:VISHWAS) Accounts Receivable : ₹338.1 Mil (As of Sep. 2023)

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What is Vishwas Agri Seeds Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Vishwas Agri Seeds's accounts receivables for the quarter that ended in Sep. 2023 was ₹338.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Vishwas Agri Seeds's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 145.30.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Vishwas Agri Seeds's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹-28.27.

Vishwas Agri Seeds Accounts Receivable Historical Data

The historical data trend for Vishwas Agri Seeds'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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Vishwas Agri Seeds Accounts Receivable Chart

Vishwas Agri Seeds Annual Data

Trend

Mar21

Mar22

Mar23

Accounts Receivable

76.16

106.22

194.46

Vishwas Agri Seeds Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23
Accounts Receivable	76.16	106.22	194.46	338.06

Vishwas Agri Seeds Accounts Receivable Calculation

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

Vishwas Agri Seeds 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.

Vishwas Agri Seeds's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	338.057	/	424.603	*	91
=	145.30

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

Vishwas Agri Seeds'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)
=	(1.019	+	0.75 * 338.057	+	0.5 * 163.11	-	618.805
-	0	-	0)	/	10.000
=	-28.27

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.

Vishwas Agri Seeds Accounts Receivable Related Terms

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Vishwas Agri Seeds Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Vishwas Agri Seeds Ltd (NSE:VISHWAS) » Definitions » Accounts Receivable

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Traded in Other Exchanges

N/A

Address

Gangad Road, Near Toll Tax, S. No. 460, Bhayla, Bavla, Ahmedabad, GJ, IND, 382220

Website

https://www.vishwasagriseeds.com

Vishwas Agri Seeds Ltd seeds processing company. It produced seeds for more than 40 different field crops, vegetables that portfolio includes crop seeds for Groundnut, Soyabin, Wheat, Cumin, Green Gram, Black Gram Research Hybrid seeds for Cotton, Castol, Pearl Millet, Maize, hybrid vegitable seeds Chilli, Tomato, Brinjal, Watermelon, Sweet Corn, cabbage, Onion, Coriander Seeds, Fenugreek, Mustard, Lucern, Carrot, etc.

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