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Cosmic CRF (BOM:543928) Accounts Receivable : ₹337 Mil (As of Mar. 2024)


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What is Cosmic CRF Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cosmic CRF's accounts receivables for the quarter that ended in Mar. 2024 was ₹337 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Cosmic CRF's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 47.35.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Cosmic CRF's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹78.30.


Cosmic CRF Accounts Receivable Historical Data

The historical data trend for Cosmic CRF'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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Cosmic CRF Accounts Receivable Chart

Cosmic CRF Annual Data
Trend Mar22 Mar23 Mar24
Accounts Receivable
- 58.34 337.30

Cosmic CRF Semi-Annual Data
Mar22 Sep22 Mar23 Sep23 Mar24
Accounts Receivable - - 58.34 140.90 337.30

Cosmic CRF Accounts Receivable Calculation

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


Cosmic CRF 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=337.3/1300.096*91
=47.35

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

Cosmic CRF'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)
=(645.647+0.75 * 337.3+0.5 * 366.389-439.89
-0-0)/8.198
=78.30

* 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.


Cosmic CRF Accounts Receivable Related Terms

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Cosmic CRF (BOM:543928) Business Description

Traded in Other Exchanges
N/A
Address
19, Monohar Pukur Road, Kolkata, WB, IND, 700 029
Cosmic CRF Ltd engages in the manufacture and trade of railway components, cold rolled formed sections, forged items, non-forged items, steel plates and coils, tubes, and any other allied components and products for the railways, wagons locomotives, bogies, automobiles, passenger coaches, metro rail, and defense equipment.

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