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Yasons Chemex Care (NSE:YCCL) Accounts Receivable : ₹113.9 Mil (As of Mar. 2023)


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What is Yasons Chemex Care Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Yasons Chemex Care's accounts receivables for the quarter that ended in Mar. 2023 was ₹113.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Yasons Chemex Care's Days Sales Outstanding for the quarter that ended in Mar. 2023 was 56.53.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Yasons Chemex Care's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was ₹3.00.


Yasons Chemex Care Accounts Receivable Historical Data

The historical data trend for Yasons Chemex Care'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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Yasons Chemex Care Accounts Receivable Chart

Yasons Chemex Care Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
86.24 99.08 139.33 123.50 113.90

Yasons Chemex Care Semi-Annual Data
Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable 86.24 99.08 139.33 123.50 113.90

Yasons Chemex Care Accounts Receivable Calculation

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


Yasons Chemex Care 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.

Yasons Chemex Care's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=113.901/367.727*91
=56.53

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

Yasons Chemex Care's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(0.844+0.75 * 113.901+0.5 * 80.546-68.656
-0-0)/19.3039
=3.00

* 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.


Yasons Chemex Care Accounts Receivable Related Terms

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Yasons Chemex Care (NSE:YCCL) Business Description

Traded in Other Exchanges
N/A
Address
132ft Ring Road, 4th floor, 412 Sigma Icon-1, Opposite Medilink Hospital, Satellite, Ahmedabad, GJ, IND, 380015
Yasons Chemex Care Ltd is engaged in manufacturing dyes & pigment paste, IMCG, and FMCG products. The IMCG products of the company includes Textile dyes, pigments and paints. The Company also manufactures a wide range of pigment paste from various chemicals. Within FMCG it manufactures or packages products such as hair oil, perfumes & deodorant, handmade soap, sanitizer, etc., under its brand name PLXO.

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