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Tega Industries (BOM:543413) Accounts Receivable : ₹4,473 Mil (As of Mar. 2024)


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What is Tega Industries Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tega Industries's accounts receivables for the quarter that ended in Mar. 2024 was ₹4,473 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Tega Industries's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 80.51.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tega Industries's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹25.21.


Tega Industries Accounts Receivable Historical Data

The historical data trend for Tega Industries'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.

Tega Industries Accounts Receivable Chart

Tega Industries Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial 1,828.06 2,203.95 2,765.23 4,031.31 4,472.93

Tega Industries Quarterly Data
Mar19 Mar20 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 4,031.31 - 3,379.06 - 4,472.93

Tega Industries Accounts Receivable Calculation

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


Tega Industries 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4472.93/5069.77*91
=80.51

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

Tega Industries'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)
=(3455.28+0.75 * 4472.93+0.5 * 3701.48-6983.2
-0-0)/66.5355
=25.21

* 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.


Tega Industries Accounts Receivable Related Terms

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Tega Industries (BOM:543413) Business Description

Traded in Other Exchanges
Address
Godrej Waterside, Tower-II, Ring Rd, Office No 807, 8th Floor, Block DP-5, Salt Lake Sector V, Bidhannagar, Kolkata, WB, IND, 700 091
Tega Industries Ltd is a manufacturer of specialized consumable products for the mineral beneficiation, mining, and bulk solids handling industry. The company offers a range of specialized abrasion and wear-resistant rubber, polyurethane, steel, and ceramic-based lining components required for mining and mineral processing, screening, grinding, and material handling.

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