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Aarti Industries (BOM:524208) Accounts Receivable : ₹8,260 Mil (As of Mar. 2024)


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What is Aarti Industries Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Aarti Industries's accounts receivables for the quarter that ended in Mar. 2024 was ₹8,260 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Aarti Industries's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 42.51.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Aarti Industries's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-76.37.


Aarti Industries Accounts Receivable Historical Data

The historical data trend for Aarti 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.

Aarti Industries Accounts Receivable Chart

Aarti 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 7,534.40 7,937.30 10,915.20 9,404.90 8,260.00

Aarti 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 9,404.90 - 7,850.00 - 8,260.00

Aarti Industries Accounts Receivable Calculation

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


Aarti 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.

Aarti 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
=8260/17730*91
=42.51

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

Aarti 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)
=(3580+0.75 * 8260+0.5 * 11600-43250
-0-10)/362.504
=-76.37

* 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.


Aarti Industries Accounts Receivable Related Terms

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Aarti Industries (BOM:524208) Business Description

Traded in Other Exchanges
Address
Mulund Goregaon Link Road, L.B.S. Marg, 71, Udyog Kshetra, 2nd Floor, Mulund (West), Mumbai, MH, IND, 400080
Aarti Industries Ltd manufactures and sells chemicals and chemical-based products in two segments based on the product type. The Specialty chemical segment, which generates the majority of revenue, sells benzene-based chemicals, which are used in agricultural products, dyes and pigments, and flavors and fragrances. The Pharmaceuticals segment sells drugs used to treat diarrhea, inflammation, asthma, as well as antibiotics and antidiabetics. More revenue comes from India than any other country or region.

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