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Taj GVK Hotels & Resorts (BOM:532390) Accounts Receivable : ₹191 Mil (As of Mar. 2024)


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What is Taj GVK Hotels & Resorts Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Taj GVK Hotels & Resorts's accounts receivables for the quarter that ended in Mar. 2024 was ₹191 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Taj GVK Hotels & Resorts's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 15.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Taj GVK Hotels & Resorts's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-26.44.


Taj GVK Hotels & Resorts Accounts Receivable Historical Data

The historical data trend for Taj GVK Hotels & Resorts'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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Taj GVK Hotels & Resorts Accounts Receivable Chart

Taj GVK Hotels & Resorts Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 156.55 94.52 95.83 230.70 191.00

Taj GVK Hotels & Resorts Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 230.70 - 286.85 - 191.00

Taj GVK Hotels & Resorts Accounts Receivable Calculation

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


Taj GVK Hotels & Resorts 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.

Taj GVK Hotels & Resorts's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=191/1158.4*91
=15.05

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

Taj GVK Hotels & Resorts'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)
=(857+0.75 * 191+0.5 * 72.1-2698
-0-0)/62.837
=-26.44

* 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.


Taj GVK Hotels & Resorts Accounts Receivable Related Terms

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Taj GVK Hotels & Resorts (BOM:532390) Business Description

Traded in Other Exchanges
Address
Taj Krishna, Road No. 1, Banjara Hills, Hyderabad, TG, IND, 500 034
Taj GVK Hotels & Resorts Ltd is an Indian-based company, which is engaged in the business of owning, operating and managing hotels, palaces, and resorts with the brand name TAJ. The business activities of the group include operations of rooms, restaurants, bars, and banquets. It operates a range of hotels under the Taj brand which are Taj Krishna, Taj Banjara, Taj Deccan, Vivanta by Taj, Taj Chandigarh, Taj Club House, and Taj Santacruz.

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