Vivaa Tradecom (BOM:544002) Accounts Receivable : ₹253 Mil (As of Mar. 2023)

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What is Vivaa Tradecom Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Vivaa Tradecom's accounts receivables for the quarter that ended in Mar. 2023 was ₹253 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Vivaa Tradecom's Days Sales Outstanding for the quarter that ended in Mar. 2023 was 95.03.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Vivaa Tradecom's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was ₹-23.14.

Vivaa Tradecom Accounts Receivable Historical Data

The historical data trend for Vivaa Tradecom'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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Vivaa Tradecom Accounts Receivable Chart

Vivaa Tradecom Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

98.34

589.15

707.19

252.54

374.70

Vivaa Tradecom Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Mar24
Accounts Receivable	Get a 7-Day Free Trial			589.15	707.19	732.45	252.54	374.70

Vivaa Tradecom Accounts Receivable Calculation

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

Vivaa Tradecom 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.

Vivaa Tradecom's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	252.536	/	484.971	*	91
=	95.03

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

Vivaa Tradecom'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)
=	(1.055	+	0.75 * 252.536	+	0.5 * 188.937	-	376.069
-	0	-	0)	/	3.938
=	-23.14

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.

Vivaa Tradecom Accounts Receivable Related Terms

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Vivaa Tradecom (BOM:544002) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vivaa Tradecom Ltd (BOM:544002) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

17, Pirana Piplaj Road, Saijpur (Gopalpur), Piplej, Ahmedabad, GJ, IND, 382405

Website

https://www.vivaatrade.com

Vivaa Tradecom Ltd is engaged in the trading of clothes and Garments. Its product range of denim jeans for men and women bears the hallmark of its distinctive sourcing and lean manufacturing via engagement with a string of valued and dependable supply chain partners.

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