Bikaji Foods International (BOM:543653) Accounts Receivable : ₹1,035 Mil (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Bikaji Foods International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bikaji Foods International's accounts receivables for the quarter that ended in Mar. 2024 was ₹1,035 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bikaji Foods International's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 18.14.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bikaji Foods International's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹0.48.

Bikaji Foods International Accounts Receivable Historical Data

The historical data trend for Bikaji Foods International'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.

Bikaji Foods International Accounts Receivable Chart

Bikaji Foods International Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

417.13

473.09

733.06

792.04

1,035.44

Bikaji Foods International Quarterly Data
	Mar20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial								792.04	-	1,187.52	-	1,035.44

Bikaji Foods International Accounts Receivable Calculation

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

Bikaji Foods International 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.

Bikaji Foods International's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1035.438	/	5208.259	*	91
=	18.14

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

Bikaji Foods International'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)
=	(2084.347	+	0.75 * 1035.438	+	0.5 * 821.42	-	3173.735
-	0	-	-22.234)	/	250.382
=	0.48

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.

Bikaji Foods International Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Bikaji Foods International's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Bikaji Foods International (BOM:543653) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bikaji Foods International Ltd (BOM:543653) » Definitions » Accounts Receivable

Traded in Other Exchanges

BIKAJI:India

Address

Karni Extension, RIICO Industrial Area, Plot No. E-558-561, C -569-572, E - 573-577, F-585-592, Bikaner, RJ, IND, 334 004

Website

https://www.bikaji.com

Bikaji Foods International Ltd is a fast-moving consumer goods (FMCG) brand with an international footprint, selling Indian snacks and sweets. Its product range includes six principal categories: bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks which primarily includes gift packs (assortment), frozen food, mathri range and cookies. The company has exported its products to international countries, including countries in North America, Europe, Middle East, Africa, and Asia Pacific.

Bikaji Foods International (BOM:543653) Headlines

No Headlines