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Gujarat Petrosynthese (BOM:506858) Accounts Receivable : ₹21.3 Mil (As of Mar. 2024)


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What is Gujarat Petrosynthese Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gujarat Petrosynthese's accounts receivables for the quarter that ended in Mar. 2024 was ₹21.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Gujarat Petrosynthese's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 60.99.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Gujarat Petrosynthese's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹8.96.


Gujarat Petrosynthese Accounts Receivable Historical Data

The historical data trend for Gujarat Petrosynthese'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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Gujarat Petrosynthese Accounts Receivable Chart

Gujarat Petrosynthese 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 18.01 24.01 36.37 53.02 21.32

Gujarat Petrosynthese 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 53.02 - 27.96 - 21.32

Gujarat Petrosynthese Accounts Receivable Calculation

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


Gujarat Petrosynthese 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=21.32/31.9*91
=60.99

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

Gujarat Petrosynthese'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)
=(55.014+0.75 * 21.32+0.5 * 9.887-22.492
-0-0)/5.96917
=8.96

* 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.


Gujarat Petrosynthese Accounts Receivable Related Terms

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Gujarat Petrosynthese (BOM:506858) Business Description

Traded in Other Exchanges
N/A
Address
City of Joy J.S.D Road, Ecstasy, 718, 7th Floor, Mulund (West), Mumbai, MH, IND, 400080
Gujarat Petrosynthese Ltd is engaged in the business of manufacturing and selling polybutenes and its byproducts. The company offers polymer blends and alloys, specialty grade compounds, engineering plastics. It serves electrical and electronics, automobile, textile, telecommunication, consumer goods, and light industries. The company products include Modified ABS - Synolac, Modified PC - Synonate, Modified POM - Synol, Modified SAN - Synsan, Modified PC/PO - Synofin, Modified PC/ABS - Synonate, Modified PC/PBT - Synolate, Modified PP/EPDM - Synofin and others.

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