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Honeywell Automation India (BOM:517174) Accounts Receivable : ₹9,261 Mil (As of Mar. 2024)


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What is Honeywell Automation India Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Honeywell Automation India's accounts receivables for the quarter that ended in Mar. 2024 was ₹9,261 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Honeywell Automation India's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 88.89.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Honeywell Automation India's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹3,241.78.


Honeywell Automation India Accounts Receivable Historical Data

The historical data trend for Honeywell Automation India'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.

Honeywell Automation India Accounts Receivable Chart

Honeywell Automation India 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 7,430.60 9,226.70 6,751.30 9,377.60 9,261.00

Honeywell Automation India 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 9,377.60 - 10,041.00 - 9,261.00

Honeywell Automation India Accounts Receivable Calculation

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


Honeywell Automation India 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.

Honeywell Automation India's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9261/9507*91
=88.89

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

Honeywell Automation India'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)
=(33810+0.75 * 9261+0.5 * 1591-12889
-0-0)/8.84152
=3,241.78

* 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.


Honeywell Automation India Accounts Receivable Related Terms

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Honeywell Automation India (BOM:517174) Business Description

Traded in Other Exchanges
Address
56 and 57, Hadapsar Industrial Estate, Pune, MH, IND, 411 013
Honeywell Automation India Ltd provides automation and control systems in India and internationally. The company offers distributed control systems, transmitters, programmable logic controllers, emergency shutdown systems, quality controls systems, advanced software solutions, industrial Internet of things solutions, and comprehensive life cycle services. It also provides building management systems, fire detection and alarm systems, access control systems, video surveillance systems, integrated security systems, and integrated building management systems.

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