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International Conveyors (NSE:INTLCONV) Accounts Receivable : ₹207 Mil (As of Mar. 2024)


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What is International Conveyors Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. International Conveyors's accounts receivables for the quarter that ended in Mar. 2024 was ₹207 Mil.

Accounts receivable can be measured by Days Sales Outstanding. International Conveyors's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 72.62.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. International Conveyors's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹7.07.


International Conveyors Accounts Receivable Historical Data

The historical data trend for International Conveyors'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.

International Conveyors Accounts Receivable Chart

International Conveyors 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 290.46 168.69 251.85 172.00 206.60

International Conveyors 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 172.00 - 105.10 - 206.60

International Conveyors Accounts Receivable Calculation

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


International Conveyors 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=206.6/259.6*91
=72.62

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

International Conveyors'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)
=(1811.9+0.75 * 206.6+0.5 * 287.8-1662.8
-0-0)/63.379
=7.07

* 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.


International Conveyors Accounts Receivable Related Terms

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International Conveyors (NSE:INTLCONV) Business Description

Traded in Other Exchanges
Address
10, Middleton Row, Kolkata, WB, IND, 700071
International Conveyors Ltd is engaged in manufacturing and trading of Conveyor belting; trading of Ply Conveyor Belting, Steel Cord Conveyor Belting and fitting and accessories; and generation and sale of power. It manufactures and distributes PVC fire resistant antistatic solid woven coal conveyor belt. The company operates its business through the segments of Conveyor Belting, Wind Energy, and Trading Goods segment. The Conveyor Belting segment, which is the key revenue driver, includes PVC fire-resistant antistatic solid woven coal conveyor belting whereas the Wind Energy segment includes generation, supply, and sale of wind power. The group sells its products in India and also exports them to other countries, of which key revenue is derived from the export sales made.

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