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IVRCL (BOM:530773) Accounts Receivable : ₹6,975 Mil (As of Mar. 2023)


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What is IVRCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. IVRCL's accounts receivables for the quarter that ended in Mar. 2023 was ₹6,975 Mil.

Accounts receivable can be measured by Days Sales Outstanding. IVRCL's Days Sales Outstanding for the quarter that ended in Mar. 2023 was 211.44.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. IVRCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was ₹-274.37.


IVRCL Accounts Receivable Historical Data

The historical data trend for IVRCL'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.

IVRCL Accounts Receivable Chart

IVRCL Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,902.51 8,568.55 8,257.56 7,490.40 6,974.84

IVRCL Semi-Annual Data
Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Jun12 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
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 10,902.51 8,568.55 8,257.56 7,490.40 6,974.84

IVRCL Accounts Receivable Calculation

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


IVRCL 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.

IVRCL's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6974.84/6020.18*91
=211.44

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

IVRCL'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)
=(4352.25+0.75 * 6974.84+0.5 * 9598.57-228566.27
-0-619.93)/782.898
=-274.37

* 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.


IVRCL Accounts Receivable Related Terms

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IVRCL (BOM:530773) Business Description

Traded in Other Exchanges
N/A
Address
MIHIR, 8-2-350/5/A/24/1-B&2, Road No. 2, Panchavati Colony, Banjara Hills, Hyderabad, TG, IND, 500034
IVRCL Ltd is an India-based engineering and construction company. The core areas of the company's work are in sectors like water and environment projects, irrigation, transportation, buildings and industrial structures, power distribution and transmission projects, operations and maintenance, mining, overseas forays, and others. Its water and environmental projects include drinking water supply schemes, hydropower, sewage systems, and others. In addition, it is also engaged in real estate and manufacturing operations. The business segment of the company is Engineering and Construction. The majority of revenue is derived from India.

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