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Silicon Rental Solutions (BOM:543615) Accounts Receivable : ₹263.3 Mil (As of Mar. 2024)


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What is Silicon Rental Solutions Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Silicon Rental Solutions's accounts receivables for the quarter that ended in Mar. 2024 was ₹263.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Silicon Rental Solutions's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 122.86.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Silicon Rental Solutions's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹11.30.


Silicon Rental Solutions Accounts Receivable Historical Data

The historical data trend for Silicon Rental Solutions'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.

Silicon Rental Solutions Accounts Receivable Chart

Silicon Rental Solutions Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial 47.10 45.55 56.25 79.05 263.27

Silicon Rental Solutions Semi-Annual Data
Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.25 - 79.05 132.41 263.27

Silicon Rental Solutions Accounts Receivable Calculation

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


Silicon Rental Solutions 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.

Silicon Rental Solutions's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=263.271/391.063*91
=122.86

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

Silicon Rental Solutions'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)
=(58.509+0.75 * 263.271+0.5 * 0-139.868
-0-0)/10.272
=11.30

* 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.


Silicon Rental Solutions Accounts Receivable Related Terms

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Silicon Rental Solutions (BOM:543615) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 579/580, 5th Road, 5, Mohini Heights, Ground Floor, Khar (West), Mumbai, MH, IND, 400052
Silicon Rental Solutions Ltd is an IT equipment outsourcing company. It is engaged in providing end-to-end IT equipment on a rental and returnable basis in India. It provides laptops, desktops, printers, servers, and other peripherals like CCTV cameras, projectors, storage devices, etc., mainly to small, medium, and large corporate.

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