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Atul (NSE:ATUL) Accounts Receivable : ₹9,270 Mil (As of Mar. 2024)


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What is Atul Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Atul's accounts receivables for the quarter that ended in Mar. 2024 was ₹9,270 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Atul's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 69.79.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Atul's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹60.95.


Atul Accounts Receivable Historical Data

The historical data trend for Atul'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.

Atul Accounts Receivable Chart

Atul Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,197.30 7,332.30 9,890.10 8,446.10 9,270.40

Atul Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,446.10 - 9,067.00 - 9,270.40

Atul Accounts Receivable Calculation

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


Atul 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9270.4/12121.5*91
=69.79

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

Atul'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)
=(5209.2+0.75 * 9270.4+0.5 * 6503.8-13128.9
-0-490.5)/29.4418
=60.95

* 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.


Atul Accounts Receivable Related Terms

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Atul (NSE:ATUL) Business Description

Traded in Other Exchanges
Address
Atul, Ahmedabad, GJ, IND, 396020
Atul Ltd manufactures and sells a variety of chemicals and chemical-based products. The firm's two segments are based on product type. The Performance and other chemicals segment, which generates the majority of revenue, sells aromatics used in fragrances and personal-care products, bulk chemicals, and intermediates used in the production of cosmetics and automobile tires. The segment also sells chemicals used in textile dyes and plastic polymers used in airplanes and automobiles. The Life science chemicals segment sells crop protection products including herbicides, insecticides, and fungicides. The segment also sells pharmaceuticals used to treat depression, diabetes, infections, and cardiovascular diseases. Around half of the company's revenue comes from India.

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