VL Infraprojects (NSE:VLINFRA) Accounts Receivable : ₹166 Mil (As of Mar. 2024)

View and export this data going back to 2024. Start your Free Trial

What is VL Infraprojects Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. VL Infraprojects's accounts receivables for the quarter that ended in Mar. 2024 was ₹166 Mil.

Accounts receivable can be measured by Days Sales Outstanding. VL Infraprojects's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 48.42.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. VL Infraprojects's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-16.82.

VL Infraprojects Accounts Receivable Historical Data

The historical data trend for VL Infraprojects'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.

VL Infraprojects Accounts Receivable Chart

VL Infraprojects Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

56.52

53.16

75.85

166.34

VL Infraprojects Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24
Accounts Receivable	56.52	53.16	75.85	184.87	166.34

VL Infraprojects Accounts Receivable Calculation

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

VL Infraprojects 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	166.341	/	626.909	*	91
=	48.42

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

VL Infraprojects'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)
=	(1.348	+	0.75 * 166.341	+	0.5 * 30.199	-	405.538
-	0	-	0)	/	15.713
=	-16.82

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.

VL Infraprojects Accounts Receivable Related Terms

Thank you for viewing the detailed overview of VL Infraprojects's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

VL Infraprojects Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » VL Infraprojects Ltd (NSE:VLINFRA) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Near Vakil saheb Bridge Bopal, Office at 716, Shivalik Satyamev, Ahmedabad, GJ, IND, 380058

Website

https://www.vlil.in

VL Infraprojects Ltd provides designing, construction, and commissioning of various types of government projects especially in water infrastructure and irrigation segment. It is engaged in executing water supply and sewerage infrastructure projects mainly involving the procurement of pipes and their laying, joining, and commissioning with backward integration including all allied civil engineering works like construction of civil work, pumping stations and installation of electro-mechanical equipment's (pumping machinery) for distribution of water supply from the river to household. The company also provide operations & maintenance services for water distribution pipelines.

VL Infraprojects Headlines

No Headlines