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Shyam Metalics and Energy (BOM:543299) Accounts Receivable : ₹7,079 Mil (As of Mar. 2024)


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What is Shyam Metalics and Energy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Shyam Metalics and Energy's accounts receivables for the quarter that ended in Mar. 2024 was ₹7,079 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Shyam Metalics and Energy's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 17.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Shyam Metalics and Energy's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-64.50.


Shyam Metalics and Energy Accounts Receivable Historical Data

The historical data trend for Shyam Metalics and Energy'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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Shyam Metalics and Energy Accounts Receivable Chart

Shyam Metalics and Energy Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial 1,590.20 5,335.50 3,761.00 6,042.30 7,078.80

Shyam Metalics and Energy Quarterly Data
Mar17 Mar18 Mar19 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 - 6,042.30 5,700.50 - 7,078.80

Shyam Metalics and Energy Accounts Receivable Calculation

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


Shyam Metalics and Energy 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.

Shyam Metalics and Energy's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=7078.8/36062*91
=17.91

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

Shyam Metalics and Energy'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)
=(13688.8+0.75 * 7078.8+0.5 * 21679-41058.3
-0-6713.3)/278.039
=-64.50

* 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.


Shyam Metalics and Energy Accounts Receivable Related Terms

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Shyam Metalics and Energy (BOM:543299) Business Description

Traded in Other Exchanges
Address
83, Topsia Road, Trinity Tower, 7th Floor, Kolkata, WB, IND, 700046
Shyam Metalics and Energy Ltd is an integrated metal producer company. It is primarily engaged in the production of long steel products such as iron pellets, sponge iron, steel billets, TMT, structural products, wire rods, and ferro alloys. The company generates the majority of its revenue from India. The group revenue from the Sale of Manufactured Products, Sale of Services, Sale of Traded Goods, and Sale of Power, with the majority being generated from the sale of manufactured products.

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