GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Gujarat Gas Ltd (BOM:539336) » Definitions » Accounts Receivable

Gujarat Gas (BOM:539336) Accounts Receivable : ₹10,298 Mil (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Gujarat Gas Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gujarat Gas's accounts receivables for the quarter that ended in Mar. 2024 was ₹10,298 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Gujarat Gas's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 22.73.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Gujarat Gas's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-32.37.


Gujarat Gas Accounts Receivable Historical Data

The historical data trend for Gujarat Gas'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.

Gujarat Gas Accounts Receivable Chart

Gujarat Gas 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 5,101.40 7,215.60 8,557.50 8,871.10 10,298.40

Gujarat Gas 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 8,871.10 - 10,156.40 - 10,298.40

Gujarat Gas Accounts Receivable Calculation

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


Gujarat Gas 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=10298.4/41341.8*91
=22.73

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

Gujarat Gas'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)
=(9389.5+0.75 * 10298.4+0.5 * 586.7-39690.9
-0-0)/688.39
=-32.37

* 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.


Gujarat Gas Accounts Receivable Related Terms

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


Gujarat Gas (BOM:539336) Business Description

Traded in Other Exchanges
Address
2, Shanti Sadan Society, Near Parimal Garden, Ellisbridge, Ahmedabad, GJ, IND, 380 006
Gujarat Gas Ltd is an India based gas distribution company. Its activities include sale, purchase, supply, distribution, transport, trading in Natural Gas, Compressed natural gas, Liquefied natural gas, Liquefied petroleum gas and other gaseous forms. The company transports the gas through pipelines, trucks, trains or other suitable mode for transportation. It operates in the segment of the natural gas business. All the business activities of the company are carried out in India.

Gujarat Gas (BOM:539336) Headlines

No Headlines