Gopal Snacks (BOM:544140) Accounts Receivable : ₹154 Mil (As of Sep. 2023)

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What is Gopal Snacks Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gopal Snacks's accounts receivables for the quarter that ended in Sep. 2023 was ₹154 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Gopal Snacks's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹-0.27.

Gopal Snacks Accounts Receivable Historical Data

The historical data trend for Gopal Snacks'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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Gopal Snacks Accounts Receivable Chart

Gopal Snacks Annual Data

Trend

Mar21

Mar22

Mar23

Accounts Receivable

75.47

140.29

114.18

Gopal Snacks Quarterly Data
	Mar21	Mar22	Sep22	Mar23	Sep23
Accounts Receivable	75.47	140.29	-	114.18	154.04

Gopal Snacks Accounts Receivable Calculation

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

Gopal Snacks 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.

Gopal Snacks's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	154.04	/	0	*	91
=

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

Gopal Snacks'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)
=	(11.73	+	0.75 * 154.04	+	0.5 * 1448.02	-	884.41
-	0	-	0)	/	124.604
=	-0.27

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.

Gopal Snacks Accounts Receivable Related Terms

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Gopal Snacks (BOM:544140) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Gopal Snacks Ltd (BOM:544140) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

GOPAL:India

Address

Plot Nos. G2322, G2323 and G2324, GIDC Metoda, Taluka Lodhika, Rajkot, GJ, IND, 360021

Website

https://www.gopalnamkeen.com

Gopal Snacks Ltd is a fastmoving consumer goods company in India It offer a wide variety of savoury products under brand 'Gopal', including ethnic snacks such as namkeen and gathiya, western snacks such as wafers, extruded snacks and snack pellets, along with fast-moving consumer goods that include papad, spices, gram flour or besan, noodles, rusk and soan papdi.

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