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Jay shree Tea & Industries (BOM:509715) Accounts Receivable : ₹515 Mil (As of Mar. 2024)


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What is Jay shree Tea & Industries Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Jay shree Tea & Industries's accounts receivables for the quarter that ended in Mar. 2024 was ₹515 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Jay shree Tea & Industries's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 33.84.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Jay shree Tea & Industries's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-185.82.


Jay shree Tea & Industries Accounts Receivable Historical Data

The historical data trend for Jay shree Tea & Industries'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.

Jay shree Tea & Industries Accounts Receivable Chart

Jay shree Tea & Industries 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 573.49 564.10 550.15 519.65 515.20

Jay shree Tea & Industries 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 519.65 - 864.00 - 515.20

Jay shree Tea & Industries Accounts Receivable Calculation

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


Jay shree Tea & Industries 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.

Jay shree Tea & Industries's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=515.2/1389.3*91
=33.84

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

Jay shree Tea & Industries'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)
=(332.4+0.75 * 515.2+0.5 * 2895.3-7532.6
-0-0)/28.8775
=-185.82

* 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.


Jay shree Tea & Industries Accounts Receivable Related Terms

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Jay shree Tea & Industries (BOM:509715) Business Description

Traded in Other Exchanges
Address
10 Camac Street, Industry House, 15th Floor, Kolkata, WB, IND, 700017
Jay shree Tea & Industries Ltd is engaged in the cultivation, production, and export of tea. The company is also engaged in the manufacturing of chemicals, fertilizers, sugar production, and warehousing activities. Its segments include Tea, Sugar, and Chemicals and fertilizers. It derives most of its revenue from the Tea segment. It offers various tea categories, such as Darjeeling Tea, Assam Orthodox Tea, Assam CTC. Geographically, it generates the majority of the revenue from India.

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