Nanavati Ventures (BOM:543522) Accounts Receivable : ₹-48.8 Mil (As of Sep. 2023)

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

What is Nanavati Ventures Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nanavati Ventures's accounts receivables for the quarter that ended in Sep. 2023 was ₹-48.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Nanavati Ventures's Days Sales Outstanding for the quarter that ended in Sep. 2023 was -77.28.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Nanavati Ventures's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹17.74.

Nanavati Ventures Accounts Receivable Historical Data

The historical data trend for Nanavati Ventures'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.

Nanavati Ventures Accounts Receivable Chart

Nanavati Ventures Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Receivable

25.85

28.69

137.27

3.15

Nanavati Ventures Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Receivable	Get a 7-Day Free Trial			-	137.27	152.93	3.15	-48.75

Nanavati Ventures Accounts Receivable Calculation

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

Nanavati Ventures 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.

Nanavati Ventures's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	-48.751	/	115.131	*	91
=	-77.28

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

Nanavati Ventures's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=	(85.204	+	0.75 * -48.751	+	0.5 * 165.625	-	48.618
-	0	-	0)	/	4.67
=	17.74

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.

Nanavati Ventures Accounts Receivable Related Terms

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

Nanavati Ventures (BOM:543522) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nanavati Ventures Ltd (BOM:543522) » Definitions » Accounts Receivable

Traded in Other Exchanges

N/A

Address

S-414, OM Plaza, Adarsh App. Co-operative housing society, Village: Vijalpor, Taluka: Jalalpore, Navsari, GJ, IND, 396445

Website

http://www.nventures.co.in

Nanavati Ventures Ltd is a diamond trading company. The company sells diamonds largely to a domestic customer base that includes jewellery manufacturers, large department store chains, retail stores, and wholesalers.

Nanavati Ventures (BOM:543522) Headlines

No Headlines