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Vishnusurya Projects and Infra (NSE:VISHNUINFR) Accounts Receivable : ₹174 Mil (As of Mar. 2023)


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What is Vishnusurya Projects and Infra Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Vishnusurya Projects and Infra's accounts receivables for the quarter that ended in Mar. 2023 was ₹174 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Vishnusurya Projects and Infra's Days Sales Outstanding for the quarter that ended in Mar. 2023 was 24.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Vishnusurya Projects and Infra's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was ₹-18.53.

Vishnusurya Projects and Infra Accounts Receivable Historical Data

The historical data trend for Vishnusurya Projects and Infra'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.

Vishnusurya Projects and Infra Accounts Receivable Chart

Vishnusurya Projects and Infra Annual Data
Trend Mar21 Mar22 Mar23
Accounts Receivable
55.46 87.65 174.09

Vishnusurya Projects and Infra Semi-Annual Data
Mar21 Mar22 Mar23
Accounts Receivable 55.46 87.65 174.09

Vishnusurya Projects and Infra Accounts Receivable Calculation

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

Vishnusurya Projects and Infra 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.

Vishnusurya Projects and Infra's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=174.087/1323.711*91
=24.00

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

Vishnusurya Projects and Infra'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)
=(6.997+0.75 * 174.087+0.5 * 43.38-615.289
-0-0)/24.610
=-18.53

* 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.

Vishnusurya Projects and Infra Accounts Receivable Related Terms

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Vishnusurya Projects and Infra (NSE:VISHNUINFR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vishnusurya Projects and Infra Ltd (NSE:VISHNUINFR) » Definitions » Accounts Receivable
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Traded in Other Exchanges
N/A
Address
North Mada Street, 2nd Floor, Qbas Temple Tower, No. 76/25, Mylapore, Chennai, TN, IND, 600 004
Website
https://www.vishnusurya.com
Vishnusurya Projects and Infra Ltd is engaged in the mining of rough stones and the manufacturing of aggregates & Manufacture-sand by using Crushing Plants and Sand washing plants. In addition to mining activities, it is engaged in EPC Projects (construction and infrastructure) delivered across all key sectors such as water, transportation, rail, resource, and institutional development. The Company executed and delivered multiple real estate projects in the past such as the construction of villas, multi-storied apartments, specific contracts like compound walls, renovation works, site formation, etc., and design and construction of various infrastructure projects for the government, autonomous and private bodies in state of Tamil Nadu.

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