GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mangalam Worldwide Ltd (NSE:MWL) » Definitions » Accounts Receivable

Mangalam Worldwide (NSE:MWL) Accounts Receivable : ₹1,021 Mil (As of Sep. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Mangalam Worldwide Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mangalam Worldwide's accounts receivables for the quarter that ended in Sep. 2024 was ₹1,021 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mangalam Worldwide's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 39.90.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mangalam Worldwide's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹-44.46.


Mangalam Worldwide Accounts Receivable Historical Data

The historical data trend for Mangalam Worldwide'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.

Mangalam Worldwide Accounts Receivable Chart

Mangalam Worldwide Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial 115.77 95.42 153.30 531.30 991.83

Mangalam Worldwide Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 148.96 531.30 684.51 991.83 1,020.79

Mangalam Worldwide Accounts Receivable Calculation

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


Mangalam Worldwide 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.

Mangalam Worldwide's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1020.792/4668.744*91
=39.90

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

Mangalam Worldwide's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(158.103+0.75 * 1020.792+0.5 * 2241.611-3213.997
-0-57.234)/27.590
=-44.46

* 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.


Mangalam Worldwide Accounts Receivable Related Terms

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


Mangalam Worldwide Business Description

Traded in Other Exchanges
N/A
Address
102, Mangalam Corporate House, 42, Shrimali Society, Netaji Marg, Mithakhali, Navrangpura, Ahmedabad, GJ, IND, 380009
Mangalam Worldwide Ltd is engaged in the manufacturing of stainless steel. The company manufactures Stainless Steel Billets and SS Flat Bars. The company is also engaged in trading of steel-scrap, ferro alloys, and others.

Mangalam Worldwide Headlines

No Headlines