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Escorts Kubota (BOM:500495) Accounts Receivable : ₹11,732 Mil (As of Mar. 2024)


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What is Escorts Kubota Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Escorts Kubota's accounts receivables for the quarter that ended in Mar. 2024 was ₹11,732 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Escorts Kubota's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 51.14.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Escorts Kubota's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹248.49.


Escorts Kubota Accounts Receivable Historical Data

The historical data trend for Escorts Kubota'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.

Escorts Kubota Accounts Receivable Chart

Escorts Kubota 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 7,318.60 6,575.80 7,926.20 11,796.50 11,731.80

Escorts Kubota 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 11,796.50 - 11,528.90 - 11,731.80

Escorts Kubota Accounts Receivable Calculation

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


Escorts Kubota 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=11731.8/20935.3*91
=51.14

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

Escorts Kubota'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)
=(32963.9+0.75 * 11731.8+0.5 * 12181-20945.2
-0--39.1)/108.442
=248.49

* 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.


Escorts Kubota Accounts Receivable Related Terms

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Escorts Kubota (BOM:500495) Business Description

Traded in Other Exchanges
Address
15/5, Mathura Road, Faridabad, HR, IND, 121 003
Escorts Kubota Ltd is an Indian company manufacturing agricultural tractors and construction equipment. It manufactures engines for agricultural tractors, earth moving and material handling equipment, round and flat tubes, heating elements, and other machines. The company's operating segments include Agri machinery products, Construction equipment, Railway equipment, and Others. It generates maximum revenue from the Agri machinery products segment. Geographically, it derives a majority of its revenue from India. The company also trades in oils and lubricants, compressor accessories and spares, and others.

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