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Supreme Petrochem (BOM:500405) Accounts Receivable : ₹3,950 Mil (As of Mar. 2024)


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What is Supreme Petrochem Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Supreme Petrochem's accounts receivables for the quarter that ended in Mar. 2024 was ₹3,950 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Supreme Petrochem's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 23.13.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Supreme Petrochem's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹31.40.


Supreme Petrochem Accounts Receivable Historical Data

The historical data trend for Supreme Petrochem'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.

Supreme Petrochem Accounts Receivable Chart

Supreme Petrochem Annual Data
Trend Jun14 Jun15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,480.83 3,849.92 4,117.85 3,622.91 3,949.71

Supreme Petrochem Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - 3,622.91 3,871.85 - 3,949.71

Supreme Petrochem Accounts Receivable Calculation

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


Supreme Petrochem 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3949.714/15582.182*91
=23.13

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

Supreme Petrochem'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)
=(10995.66+0.75 * 3949.714+0.5 * 4806.033-10457.166
-0-0)/188.041
=31.40

* 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.


Supreme Petrochem Accounts Receivable Related Terms

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Supreme Petrochem (BOM:500405) Business Description

Traded in Other Exchanges
Address
Andheri-Ghatkopar Link Road, Solitaire Corporate Park, Building No. 11, 5th Floor, 167, Guru Hargovindji Marg, Chakala, Andheri (East), Mumbai, MH, IND, 400093
Supreme Petrochem Ltd manufactures and trades in petrochemicals. The company owns production facilities at Raigad, Maharashtra and in Chennai, Tamil Nadu. Its product portfolio consists of general-purpose polystyrene, specialty polystyrene, masterbatches, high impact polystyrene, FR high impact polystyrene, toughened polystyrene, and extruded polystyrene foam boards.

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