GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Vascon Engineers Ltd (BOM:533156) » Definitions » Accounts Receivable

Vascon Engineers (BOM:533156) Accounts Receivable : ₹2,663 Mil (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Vascon Engineers Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Vascon Engineers's accounts receivables for the quarter that ended in Mar. 2024 was ₹2,663 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Vascon Engineers's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 72.46.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Vascon Engineers's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹1.54.


Vascon Engineers Accounts Receivable Historical Data

The historical data trend for Vascon Engineers'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.

Vascon Engineers Accounts Receivable Chart

Vascon Engineers 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 3,113.41 1,641.72 1,624.50 2,177.07 2,663.40

Vascon Engineers 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 2,177.07 - 2,058.90 - 2,663.40

Vascon Engineers Accounts Receivable Calculation

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


Vascon Engineers 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2663.4/3354.2*91
=72.46

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

Vascon Engineers'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)
=(4345.2+0.75 * 2663.4+0.5 * 5608.9-8671.2
-0-135.6)/221.317
=1.54

* 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.


Vascon Engineers Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Vascon Engineers's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Vascon Engineers (BOM:533156) Business Description

Traded in Other Exchanges
Address
Pune - Nagar Road, Vascon Weikfield Chambers, Behind Hotel Novotel, Opposite Hyatt Hotel, Pune, MH, IND, 411014
Vascon Engineers Ltd is a construction company that is engaged in developing, constructing, and managing different engineering, procurement, and construction (EPC), real estate development and Manufacturing and BMS. The EPC operations of the company, which is the key revenue driver, focus on the residential, commercial, industrial, institutional, hospital, and hospitality sectors. The real estate operations include residential projects like GoodLife, Vista Phase 2, Forest Edge, among others; and commercial projects like Platinum Square Phase 2, Almonte, Phoenix IT Park among others.

Vascon Engineers (BOM:533156) Headlines

No Headlines