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Aegis Logistics (BOM:500003) Accounts Receivable : ₹5,134 Mil (As of Mar. 2024)


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What is Aegis Logistics Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Aegis Logistics's accounts receivables for the quarter that ended in Mar. 2024 was ₹5,134 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Aegis Logistics's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 25.50.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Aegis Logistics's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-46.64.


Aegis Logistics Accounts Receivable Historical Data

The historical data trend for Aegis Logistics'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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Aegis Logistics Accounts Receivable Chart

Aegis Logistics 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 4,540.31 941.54 7,383.43 8,385.89 5,133.80

Aegis Logistics 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 8,385.89 - 3,993.20 - 5,133.80

Aegis Logistics Accounts Receivable Calculation

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


Aegis Logistics 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5133.8/18371.7*91
=25.50

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

Aegis Logistics'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)
=(21247.2+0.75 * 5133.8+0.5 * 635.8-36109.8
-0-5675.3)/351
=-46.64

* 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.


Aegis Logistics Accounts Receivable Related Terms

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Aegis Logistics (BOM:500003) Business Description

Traded in Other Exchanges
Address
Ganpatrao Kadam Marg, 1202, 12th Floor, Tower B, Peninsula Business Park, Lower Parel (West), Mumbai, MH, IND, 400013
Aegis Logistics Ltd. is an oil, gas, and petrochemical logistics company based out of India. It operates a network of bulk liquid handling terminals, liquefied petroleum gas (LPG) terminals, filling plants, pipelines, and gas stations to deliver products and services. Clients consist mainly of Indian industrial companies and retail customers that utilize gas stations. The majority of revenue is derived from gas terminal operations. Gas logistics encompasses complete supply chain management and delivers both pressurized and refrigerated cargoes to several major ports on the coastline of India, including its own LPG terminals. Terminals include tank farm installations and are connected by pipelines at various sites. The pipelines handle exportation and importation of various products.

Aegis Logistics (BOM:500003) Headlines

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