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Petronet LNG (BOM:532522) Accounts Receivable : ₹36,261 Mil (As of Mar. 2024)


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What is Petronet LNG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Petronet LNG's accounts receivables for the quarter that ended in Mar. 2024 was ₹36,261 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Petronet LNG's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 23.99.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Petronet LNG's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹20.54.


Petronet LNG Accounts Receivable Historical Data

The historical data trend for Petronet LNG'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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Petronet LNG Accounts Receivable Chart

Petronet LNG 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 16,025.70 18,745.30 26,844.40 38,397.00 36,260.80

Petronet LNG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - 38,397.00 35,513.40 - 36,260.80

Petronet LNG Accounts Receivable Calculation

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


Petronet LNG 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=36260.8/137931.7*91
=23.99

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

Petronet LNG'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)
=(77409+0.75 * 36260.8+0.5 * 14654.4-81129.2
-0-0)/1500
=20.54

* 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.


Petronet LNG Accounts Receivable Related Terms

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Petronet LNG (BOM:532522) Business Description

Traded in Other Exchanges
Address
Babar Road, Barakhamba Lane, World Trade Centre, 1st Floor, New Delhi, IND, 110001
Petronet LNG Ltd is an oil and gas refining and marketing company formed by the government of India. The company operates liquified natural gas receiving and regasification terminals across India. Through its terminals, it also offers tolling services and re-loading terminals. The company has a single operating segment which is Natural Gas Business. Petronet LNG also owns a solid cargo port at Dahej with facilities to import and export products such as steel, coal, and fertilizer in bulk. Sales are largely composed of regasified liquefied natural gas and the majority of its revenue is derived from India.

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