GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » HMA Agro Industries Ltd (NSE:HMAAGRO) » Definitions » Accounts Receivable

HMA Agro Industries (NSE:HMAAGRO) Accounts Receivable : ₹4,819 Mil (As of Mar. 2024)


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

What is HMA Agro Industries Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. HMA Agro Industries's accounts receivables for the quarter that ended in Mar. 2024 was ₹4,819 Mil.

Accounts receivable can be measured by Days Sales Outstanding. HMA Agro Industries's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 33.29.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. HMA Agro Industries's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-2.22.


HMA Agro Industries Accounts Receivable Historical Data

The historical data trend for HMA Agro 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.

HMA Agro Industries Accounts Receivable Chart

HMA Agro Industries Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial 1,166.71 1,567.41 2,897.46 - 4,818.71

HMA Agro Industries Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 2,897.46 - - 5,206.65 4,818.71

HMA Agro Industries Accounts Receivable Calculation

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


HMA Agro 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.

HMA Agro 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
=4818.71/26418.63*91
=33.29

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

HMA Agro 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)
=(1297.24+0.75 * 4818.71+0.5 * 2402.79-7020.32
-0-202.63)/500.77
=-2.22

* 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.


HMA Agro Industries Accounts Receivable Related Terms

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


HMA Agro Industries (NSE:HMAAGRO) Business Description

Traded in Other Exchanges
Address
Fatehabad Road, 18-A/5/3 Tajview Crossing, Agra, UP, IND, 282001
HMA Agro Industries Ltd is engaged in the business of manufacturing and exporting Buffalo Frozen Meat and Meat Products. Its core products are frozen fresh deglanded Buffalo Meat.

HMA Agro Industries (NSE:HMAAGRO) Headlines

No Headlines