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Kansai Nerolac Paints (BOM:500165) Accounts Receivable : ₹13,349 Mil (As of Mar. 2024)


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What is Kansai Nerolac Paints Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kansai Nerolac Paints's accounts receivables for the quarter that ended in Mar. 2024 was ₹13,349 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kansai Nerolac Paints's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 68.84.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kansai Nerolac Paints's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹19.90.


Kansai Nerolac Paints Accounts Receivable Historical Data

The historical data trend for Kansai Nerolac Paints'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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Kansai Nerolac Paints Accounts Receivable Chart

Kansai Nerolac Paints 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 7,869.80 9,563.50 10,933.30 12,379.10 13,348.80

Kansai Nerolac Paints 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 12,379.10 - 16,059.20 - 13,348.80

Kansai Nerolac Paints Accounts Receivable Calculation

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


Kansai Nerolac Paints 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.

Kansai Nerolac Paints's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=13348.8/17693.9*91
=68.84

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

Kansai Nerolac Paints'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)
=(15906.5+0.75 * 13348.8+0.5 * 16874.6-18111.2
-0-160.4)/808.38
=19.90

* 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.


Kansai Nerolac Paints Accounts Receivable Related Terms

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Kansai Nerolac Paints (BOM:500165) Business Description

Traded in Other Exchanges
Address
N. M. Joshi Marg, 28th Floor, A-Wing, Marathon Futurex, Mafatlal Mills Compound, Lower Parel, Mumbai, MH, IND, 400013
Kansai Nerolac Paints Ltd (or KNPL) is a paint company headquartered in India. KNPL operates through its paint business to provide a wide range of products and solutions in industrial and decorative coatings. KNPL's decorative coating solutions are used by customers in segments such as adhesives, wood, and construction chemicals. KNPL's industrial coatings include automotive, general industrial, powder, and high performance. The company's industrial coating products and services are applied to vehicles, electrical and agricultural equipment, refrigerators, and railways, among others. KNPL has operations in India, Nepal, Sri Lanka, and Bangladesh, with most of its sales from its activities in India.

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