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Rategain Travel Technologies (BOM:543417) Accounts Receivable : ₹2,050 Mil (As of Mar. 2024)


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What is Rategain Travel Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Rategain Travel Technologies's accounts receivables for the quarter that ended in Mar. 2024 was ₹2,050 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Rategain Travel Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 73.13.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Rategain Travel Technologies's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹80.44.


Rategain Travel Technologies Accounts Receivable Historical Data

The historical data trend for Rategain Travel Technologies'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.

Rategain Travel Technologies Accounts Receivable Chart

Rategain Travel Technologies Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial 776.73 669.05 941.20 1,477.11 2,050.02

Rategain Travel Technologies Quarterly Data
Mar19 Mar20 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 1,477.11 - 1,998.81 - 2,050.02

Rategain Travel Technologies Accounts Receivable Calculation

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


Rategain Travel Technologies 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.

Rategain Travel Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2050.02/2558.1*91
=73.13

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

Rategain Travel Technologies'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)
=(10741.48+0.75 * 2050.02+0.5 * 0-2805.36
-0-0)/117.78
=80.44

* 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.


Rategain Travel Technologies Accounts Receivable Related Terms

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Rategain Travel Technologies (BOM:543417) Business Description

Traded in Other Exchanges
Address
Plot No. A-3,4,5, Sector 125, Club 125, 4th, Prius Global, Noida, UP, IND, 201 301
Rategain Travel Technologies Ltd is a SaaS company in the hospitality and travel industry offering solutions across a wide spectrum of verticals including hotels, airlines, online travel agents, meta-search companies, vacation rentals, package providers, car rentals, rail, travel management companies, cruises and ferries. Geographically, it derives a majority of its revenue from the United Kingdom.

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