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Ace Men Engg Works (BOM:539661) Accounts Receivable : ₹0.00 Mil (As of Dec. 2023)


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What is Ace Men Engg Works Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ace Men Engg Works's accounts receivables for the quarter that ended in Dec. 2023 was ₹0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ace Men Engg Works's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₹N/A.


Ace Men Engg Works Accounts Receivable Historical Data

The historical data trend for Ace Men Engg Works'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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Ace Men Engg Works Accounts Receivable Chart

Ace Men Engg Works Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
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Ace Men Engg Works Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Ace Men Engg Works Accounts Receivable Calculation

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


Ace Men Engg Works 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.

Ace Men Engg Works's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

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

Ace Men Engg Works's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(0+0.75 * 0+0.5 * 0-N/A
-0-0)/3.0985
=N/A

* 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.


Ace Men Engg Works Accounts Receivable Related Terms

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Ace Men Engg Works (BOM:539661) Business Description

Traded in Other Exchanges
N/A
Address
Gulab Tower, Office Number 16, Thaltej, Ahmedabad, GJ, IND, 380054
Ace Men Engg Works Ltd is an investing company. The company trades and deals in shares, debentures, bonds and others. It also trades in sarees and electrical goods. It generates a majority of its revenue from clothing items.

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