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Roni Households (BOM:542145) Accounts Receivable : ₹140.5 Mil (As of Sep. 2023)


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What is Roni Households Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Roni Households's accounts receivables for the quarter that ended in Sep. 2023 was ₹140.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Roni Households's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 483.87.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Roni Households's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹5.14.


Roni Households Accounts Receivable Historical Data

The historical data trend for Roni Households'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.

Roni Households Accounts Receivable Chart

Roni Households Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial 34.40 43.02 63.33 137.17 117.57

Roni Households Semi-Annual Data
Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 87.05 137.17 111.87 117.57 140.47

Roni Households Accounts Receivable Calculation

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


Roni Households 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.

Roni Households's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=140.465/52.979*91
=483.87

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

Roni Households's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(3.291+0.75 * 140.465+0.5 * 55.393-84.5
-0-25.081)/5.20295
=5.14

* 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.


Roni Households Accounts Receivable Related Terms

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Roni Households (BOM:542145) Business Description

Traded in Other Exchanges
N/A
Address
Ajanta Road, Plot No. F-55, Addl. MIDC Area, Jalgaon, MH, IND, 425003
Roni Households Ltd is an India-based company engaged in the trading of plastic granules and plastic household products. The company currently trades in plastic granules and plastic household products which include Tub, Buckets, Office furniture, and Ghamela among others.

Roni Households (BOM:542145) Headlines

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