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SPS Finquest (BOM:538402) Accounts Receivable : ₹0.00 Mil (As of Dec. 2023)


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What is SPS Finquest Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SPS Finquest's accounts receivables for the quarter that ended in Dec. 2023 was ₹0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SPS Finquest's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SPS Finquest's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₹N/A.


SPS Finquest Accounts Receivable Historical Data

The historical data trend for SPS Finquest'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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SPS Finquest Accounts Receivable Chart

SPS Finquest Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
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SPS Finquest Quarterly Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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SPS Finquest Accounts Receivable Calculation

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


SPS Finquest 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.

SPS Finquest's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/20.313*91
=0.00

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

SPS Finquest's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(0+0.75 * 0+0.5 * 0-N/A
-0-0)/10.1378
=N/A

* 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.


SPS Finquest Accounts Receivable Related Terms

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SPS Finquest (BOM:538402) Business Description

Traded in Other Exchanges
N/A
Address
B.S.Marg, R-514, 5th Floor, Rotunda Building, Fort, Mumbai, MH, IND, 400001
SPS Finquest Ltd is an Indian non-banking finance company that is mainly engaged in stock financing and providing inter-corporate loans. It has operations in the field of Stockbroking, Depository participation, Margin Funding Facility, Working Capital Facility, and Loan Against Shares. Geographically, it operates in India.

SPS Finquest (BOM:538402) Headlines

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