AG Universal (NSE:AGUL) Accounts Receivable : ₹93.2 Mil (As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is AG Universal Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AG Universal's accounts receivables for the quarter that ended in Sep. 2023 was ₹93.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. AG Universal's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 42.42.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AG Universal's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹-27.31.

AG Universal Accounts Receivable Historical Data

The historical data trend for AG Universal'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.

AG Universal Accounts Receivable Chart

AG Universal Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Accounts Receivable

63.26

33.27

46.93

118.14

AG Universal Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Accounts Receivable	Get a 7-Day Free Trial			33.27	46.93	-	118.14	93.16

AG Universal Accounts Receivable Calculation

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

AG Universal 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	93.158	/	400.824	*	91
=	42.42

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

AG Universal'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)
=	(2.771	+	0.75 * 93.158	+	0.5 * 103.067	-	273.918
-	0	-	0)	/	5.484
=	-27.31

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.

AG Universal Accounts Receivable Related Terms

Thank you for viewing the detailed overview of AG Universal's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

AG Universal (NSE:AGUL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » AG Universal Ltd (NSE:AGUL) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

F-1, 34/1, Vikas Apartments, East Punjabi Bagh, West Delhi, New Delhi, IND, 110026

Website

https://www.aguniversal.co.in

AG Universal Ltd operates as a supplier of industrial MS Tubes, GI Pipes, and Hollow Sections. The company's product range includes Stainless Steel Pipes, Mild Steel Pipes, ERW Black Pipes, GI Pipes, Hollow Sections, uPVC Pipes, cPVC Pipes, TMT Bars, Wire Rods, MS Wire, CR Coils, and HR Coils. The company's operating segments are Trading Division -Plants / Iron Products / Ultramaxx Batteries / S S Utensils, Manufacturing Division - Aluminium Extruded Profile and Real Estate Division.

AG Universal (NSE:AGUL) Headlines

No Headlines