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Vipul Organics (BOM:530627) Accounts Receivable : ₹445 Mil (As of Mar. 2024)


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What is Vipul Organics Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Vipul Organics's accounts receivables for the quarter that ended in Mar. 2024 was ₹445 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Vipul Organics's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 101.44.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Vipul Organics's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-19.14.


Vipul Organics Accounts Receivable Historical Data

The historical data trend for Vipul Organics'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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Vipul Organics Accounts Receivable Chart

Vipul Organics 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 251.03 353.75 426.11 340.03 444.56

Vipul Organics 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 340.03 - 426.63 - 444.56

Vipul Organics Accounts Receivable Calculation

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


Vipul Organics 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=444.564/399.895*91
=101.44

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

Vipul Organics'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)
=(28.48+0.75 * 444.564+0.5 * 334.255-779.617
-0--1.569)/13.0119
=-19.14

* 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.


Vipul Organics Accounts Receivable Related Terms

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Vipul Organics (BOM:530627) Business Description

Traded in Other Exchanges
N/A
Address
Off. Western Express Highway, Sahar Road, B-603, Kaledonia, Andheri (East), Mumbai, MH, IND, 400069
Vipul Organics Ltd is engaged in the business of Dyestuff, Organic pigments and Organic intermediates in India and internationally. The company manufactures various products such as pigment powder, pigment dispersions, reactive dyes, direct dyes, acid dyes, naphthols, fast color bases, fast color salts, vat dyes and vat paste, basic dyes, food colors and lake colors, intermediates for dyestuffs and pigments, and herbal extracts. In addition, it serves various industries ranging from textile, paint, printing ink, cosmetics and food industry, plastic and much more. It derives key revenue from the exporting its products outside India.

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