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National Highways Infra Trust (BOM:543385) Accounts Receivable : ₹39 Mil (As of Sep. 2023)


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What is National Highways Infra Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. National Highways Infra Trust's accounts receivables for the quarter that ended in Sep. 2023 was ₹39 Mil.

Accounts receivable can be measured by Days Sales Outstanding. National Highways Infra Trust's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 1.50.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. National Highways Infra Trust's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹-39.95.


National Highways Infra Trust Accounts Receivable Historical Data

The historical data trend for National Highways Infra Trust'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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National Highways Infra Trust Accounts Receivable Chart

National Highways Infra Trust Annual Data
Trend Mar21 Mar22 Mar23
Accounts Receivable
- 60.05 35.09

National Highways Infra Trust Quarterly Data
Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.99 71.79 35.09 32.64 39.29

National Highways Infra Trust Accounts Receivable Calculation

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


National Highways Infra Trust 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.

National Highways Infra Trust's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=39.285/2385.656*91
=1.50

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

National Highways Infra Trust's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 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)
=(2737.949+0.75 * 39.285+0.5 * 0-31784.025
-0-0)/726.405
=-39.95

* 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.


National Highways Infra Trust Accounts Receivable Related Terms

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National Highways Infra Trust (BOM:543385) Business Description

Traded in Other Exchanges
Address
G 5&6, Sector-10, Dwarka, New Delhi, IND, 110 075
National Highways Infra Trust is an infrastructure investment trust established for making investments in special purpose vehicles.

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