Vital Chemtech (NSE:VITAL) Accounts Receivable : ₹367 Mil (As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Vital Chemtech Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Vital Chemtech's accounts receivables for the quarter that ended in Sep. 2023 was ₹367 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Vital Chemtech's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 134.59.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Vital Chemtech's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹8.54.

Vital Chemtech Accounts Receivable Historical Data

The historical data trend for Vital Chemtech'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.

Vital Chemtech Accounts Receivable Chart

Vital Chemtech Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Accounts Receivable

113.92

136.45

417.30

382.45

Vital Chemtech Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Accounts Receivable	Get a 7-Day Free Trial			136.45	417.30	-	382.45	367.04

Vital Chemtech Accounts Receivable Calculation

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

Vital Chemtech 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.

Vital Chemtech's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	367.036	/	497.684	*	91
=	134.59

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

Vital Chemtech'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)
=	(315.161	+	0.75 * 367.036	+	0.5 * 86.349	-	427.808
-	0	-	0)	/	24.100
=	8.54

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.

Vital Chemtech Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Vital Chemtech's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Vital Chemtech (NSE:VITAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Vital Chemtech Ltd (NSE:VITAL) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

S. G. Highway, Opposite Karnavati Club, B-406, Mondeal Heights, Ahmedabad, GJ, IND, 380015

Website

https://www.vitalgroup.co.in

Vital Chemtech Ltd is engaged in the business of manufacturing, producing, refining, processing, formulating, mixing, enriching, mining, importing, exporting, acquiring, inventing, buying, selling, exchanging, distributing, and otherwise trading and dealing in all kinds of mixtures, formlations, intermediates, derivatives, compounds, phosphorous based chemicals, fine chemicals, heavy chemicals, valence, inorganic and organic chemicals, source materials, intermediates, ingredients, mixtures, derivatives and compounds. The company's Products include Phosphorus Derivatives, Industrial Chemicals, Specialty Chemicals & Intermediates, Organophosphates, Polymers & Dispersants, and Wellness Products.

Vital Chemtech (NSE:VITAL) Headlines

No Headlines