What is Triveni Engineering & Industries Accounts Receivable?
Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Triveni Engineering & Industries's accounts receivables for the quarter that ended in Mar. 2024 was ₹3,447 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Triveni Engineering & Industries's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 24.16.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Triveni Engineering & Industries's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-29.93.
Triveni Engineering & Industries Accounts Receivable Historical Data
* 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.
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.
Triveni Engineering & Industries's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Triveni Engineering & Industries's accounts receivable are only considered to be worth 75% of book value:
Triveni Engineering & Industries's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:
* 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.
Triveni Engineering & Industries Accounts Receivable Related Terms
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Triveni Engineering & Industries (BOM:532356) Business Description
Triveni Engineering & Industries Ltd is an India-based company engaged in the manufacturing of sugar. The company is engaged in diversified businesses mainly categorized into segments - Sugar and allied businesses; Engineering business and others. Sugar and allied businesses essentially comprises the manufacture of sugar, cogeneration, and distillery. The Engineering business primarily comprises Power Transmission manufacturing facilities at Mysuru and Water and Waste Water Treatment business operating from Noida, UP. The firm generates a majority of its revenue from the Sugar and allied business.
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