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Atul Auto (BOM:531795) Accounts Receivable : ₹481 Mil (As of Mar. 2024)


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What is Atul Auto Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Atul Auto's accounts receivables for the quarter that ended in Mar. 2024 was ₹481 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Atul Auto's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 27.76.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Atul Auto's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-40.46.


Atul Auto Accounts Receivable Historical Data

The historical data trend for Atul Auto'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.

Atul Auto Accounts Receivable Chart

Atul Auto 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 747.80 229.10 155.60 257.30 481.10

Atul Auto 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 257.30 - 277.10 - 481.10

Atul Auto Accounts Receivable Calculation

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


Atul Auto 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=481.1/1581.7*91
=27.76

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

Atul Auto'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)
=(491.7+0.75 * 481.1+0.5 * 757.9-2265.6
-0-88.8)/27.7513
=-40.46

* 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.


Atul Auto Accounts Receivable Related Terms

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Atul Auto (BOM:531795) Business Description

Traded in Other Exchanges
Address
National Highway 8-B, Survey No. 86, Near Microwave Tower, Plot No. 1 - 4, Shapar (Veraval), Rajkot District, Rajkot, GJ, IND, 360024
Atul Auto Ltd is an Indian-based automobile manufacturing company. It manufactures and sells three-wheeled commercial automobiles in the domestic and overseas markets. The product portfolio of the company includes Atul Shakti, Atul Gem, Atul Smart, Atul Gemini, Atul RIK, and Atul Elite. The company has a presence in India as well as exports its products internationally. The majority of the revenue is earned from the domestic market. It operates in the following segment namely Automotive Vehicles and Parts and Non-Banking Financial Business.

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