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Baheti Recycling Industries (NSE:BAHETI) Accounts Receivable : ₹542 Mil (As of Mar. 2023)


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What is Baheti Recycling Industries Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Baheti Recycling Industries's accounts receivables for the quarter that ended in Mar. 2023 was ₹542 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Baheti Recycling Industries's Days Sales Outstanding for the quarter that ended in Mar. 2023 was 27.46.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Baheti Recycling Industries's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was ₹-23.25.


Baheti Recycling Industries Accounts Receivable Historical Data

The historical data trend for Baheti Recycling Industries'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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Baheti Recycling Industries Accounts Receivable Chart

Baheti Recycling Industries Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Accounts Receivable
214.39 255.01 381.73 541.59

Baheti Recycling Industries Semi-Annual Data
Mar20 Mar21 Mar22 Mar23
Accounts Receivable 214.39 255.01 381.73 541.59

Baheti Recycling Industries Accounts Receivable Calculation

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


Baheti Recycling Industries 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.

Baheti Recycling Industries's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=541.586/3599.629*91
=27.46

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

Baheti Recycling Industries's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(7.652+0.75 * 541.586+0.5 * 541.031-925.408
-0-0)/10.3685
=-23.25

* 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.


Baheti Recycling Industries Accounts Receivable Related Terms

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Baheti Recycling Industries (NSE:BAHETI) Business Description

Traded in Other Exchanges
N/A
Address
A-2/3, L.R. Apartments, Opposite Police Commissioner Office, Shahibaug, Ahmedabad, GJ, IND, 380 004
Baheti Recycling Industries Ltd is an aluminium recycling company, primarily engaged in processing aluminium based metal scrap to manufacture aluminium alloys in the form of ingots and aluminium de-ox alloys in the form of cubes, ingots, shots and notch bar. The company is also engaged in trading of scrap materials such as aluminium scrap, brass scrap, copper scrap, zinc scrap etc. Its products are being used in various industries, which include automobiles, construction, electrical transmission application, food packaging etc.

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