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AA Plus Tradelink (BOM:543319) Accounts Receivable : ₹36.5 Mil (As of Sep. 2023)


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What is AA Plus Tradelink Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AA Plus Tradelink's accounts receivables for the quarter that ended in Sep. 2023 was ₹36.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. AA Plus Tradelink's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 74.26.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AA Plus Tradelink's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹-2.61.


AA Plus Tradelink Accounts Receivable Historical Data

The historical data trend for AA Plus Tradelink'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.

AA Plus Tradelink Accounts Receivable Chart

AA Plus Tradelink Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial 5.50 15.56 39.60 57.05 32.99

AA Plus Tradelink Semi-Annual Data
Mar18 Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 37.23 57.05 55.90 32.99 36.50

AA Plus Tradelink Accounts Receivable Calculation

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


AA Plus Tradelink 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.

AA Plus Tradelink's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=36.5/89.7*91
=74.26

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

AA Plus Tradelink'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)
=(0.1+0.75 * 36.5+0.5 * 0-48.8
-0-0)/8.1648
=-2.61

* 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.


AA Plus Tradelink Accounts Receivable Related Terms

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AA Plus Tradelink (BOM:543319) Business Description

Traded in Other Exchanges
N/A
Address
Jambli Gali, Gomati Bhuvan, Near Jain Temple, B-702, Divine Jalpa, Borivali (West), Mumbai, MH, IND, 400092
AA Plus Tradelink Ltd is engaged in the trading of products made of iron & steel, aluminium, graphite, and other alloy products. It offers a diversified range of products such as aluminium bars, Aluminium Scrap, Aluminium Powder, G I pipes, Graphite Flakes, Graphite Powder, Graphite Rods and others. The Company's Business activity falls in Single Primary segment which is Trading in Industrial.

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