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Channel Nine Entertainment (BOM:535142) Accounts Receivable : ₹81.16 Mil (As of Mar. 2023)


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What is Channel Nine Entertainment Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Channel Nine Entertainment's accounts receivables for the quarter that ended in Mar. 2023 was ₹81.16 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. Channel Nine Entertainment's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was ₹0.15.


Channel Nine Entertainment Accounts Receivable Historical Data

The historical data trend for Channel Nine Entertainment'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.

Channel Nine Entertainment Accounts Receivable Chart

Channel Nine Entertainment Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 80.85 80.61 80.16 80.16 80.16

Channel Nine Entertainment Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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 80.16 80.16 80.16 80.16 81.16

Channel Nine Entertainment Accounts Receivable Calculation

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


Channel Nine Entertainment 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.

Channel Nine Entertainment's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=81.158/0*91
=

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

Channel Nine Entertainment's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(5.32+0.75 * 81.158+0.5 * 0-30.435
-0-0)/232.896
=0.15

* 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.


Channel Nine Entertainment Accounts Receivable Related Terms

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Channel Nine Entertainment (BOM:535142) Business Description

Traded in Other Exchanges
N/A
Address
Asaf Ali Road, 3/12, Ground Floor, New Delhi, IND, 110002
Channel Nine Entertainment Ltd is engaged in the business of production, marketing, distribution of Television serials, Television Programmes, Films, Video films, Corporate Films, Feature films, Documentaries, and Marketing of sports and Entertainment events. The company outsources processing services like content development, multimedia, editing and sound recording.

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