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BCL Industries (BOM:524332) Accounts Receivable : ₹1,217 Mil (As of Mar. 2024)


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What is BCL Industries Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. BCL Industries's accounts receivables for the quarter that ended in Mar. 2024 was ₹1,217 Mil.

Accounts receivable can be measured by Days Sales Outstanding. BCL Industries's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 18.58.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. BCL Industries's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-12.62.


BCL Industries Accounts Receivable Historical Data

The historical data trend for BCL 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.

BCL Industries Accounts Receivable Chart

BCL 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 299.08 1,347.60 1,016.73 931.46 1,216.59

BCL 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 931.46 - 1,246.43 - 1,216.59

BCL Industries Accounts Receivable Calculation

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


BCL 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.

BCL 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
=1216.586/5976.256*91
=18.58

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

BCL 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)
=(215.578+0.75 * 1216.586+0.5 * 3848.448-6271.659
-0-218.82)/272.35
=-12.62

* 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.


BCL Industries Accounts Receivable Related Terms

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BCL Industries (BOM:524332) Business Description

Traded in Other Exchanges
Address
Hazi Rattan Link Road, Post Box No. 71, Bathinda, PB, IND, 151001
BCL Industries Ltd engages in the edible oil business. It operates through the following segments: Oil and Vanaspati, Distillery Unit, and Real Estate. The Oil and Vanaspati segment which act as a Key revenue contributor includes oil, solvent extraction unit, Vanaspati Ghee, and refined vegetable oil and rice. The Distillery Unit segment owns oil mills, solvent extraction plants, rice sheller, chemical refinery, physical refinery, and vanaspati plant. The Real Estate segment constructs townships, group housings, malls, multiplexes, and hotels.

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