M V K Agro food product (NSE:MVKAGRO) Accounts Receivable : ₹5.4 Mil (As of Sep. 2023)

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What is M V K Agro food product Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. M V K Agro food product's accounts receivables for the quarter that ended in Sep. 2023 was ₹5.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. M V K Agro food product's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹-69.36.

M V K Agro food product Accounts Receivable Historical Data

The historical data trend for M V K Agro food product'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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M V K Agro food product Accounts Receivable Chart

M V K Agro food product Annual Data

Trend

Mar21

Mar22

Mar23

Accounts Receivable

0.07

0.22

0.12

M V K Agro food product Quarterly Data
	Mar21	Mar22	Mar23	Sep23
Accounts Receivable	0.07	0.22	0.12	5.38

M V K Agro food product Accounts Receivable Calculation

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

M V K Agro food product 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.

M V K Agro food product's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.384	/	0	*	91
=

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

M V K Agro food product'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)
=	(1.667	+	0.75 * 5.384	+	0.5 * 446.99	-	1303.631
-	0	-	0)	/	15.49
=	-69.36

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.

M V K Agro food product Accounts Receivable Related Terms

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M V K Agro food product (NSE:MVKAGRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » M V K Agro food product Ltd (NSE:MVKAGRO) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

GUT No. 44 and 46, Kusumnagar, At Post Waghalwada, Umari, Nanded, MH, IND, 431807

Website

https://www.mvkagrofood.com

M V K Agro food product Ltd is a sugar and other allied products manufacturing company. It manufactures sugar and also sells by-products and waste products, namely, Molasses, Bagasse, and Pressmud, and is also engaged in the generation of Power for captive consumption. The company has two segments, namely Sugar and its by-products/waste products from which the sugar segment generates maximum revenue.

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