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Focus Lighting and Fixtures (NSE:FOCUS) Accounts Receivable : ₹316 Mil (As of Mar. 2023)


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What is Focus Lighting and Fixtures Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Focus Lighting and Fixtures's accounts receivables for the quarter that ended in Mar. 2023 was ₹316 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Focus Lighting and Fixtures's Days Sales Outstanding for the quarter that ended in Mar. 2023 was 56.71.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Focus Lighting and Fixtures's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was ₹1.92.


Focus Lighting and Fixtures Accounts Receivable Historical Data

The historical data trend for Focus Lighting and Fixtures'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.

Focus Lighting and Fixtures Accounts Receivable Chart

Focus Lighting and Fixtures Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 188.25 254.32 173.29 247.12 316.13

Focus Lighting and Fixtures Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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 Premium Member Only Premium Member Only Premium Member Only 173.29 207.47 247.12 262.50 316.13

Focus Lighting and Fixtures Accounts Receivable Calculation

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


Focus Lighting and Fixtures 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.

Focus Lighting and Fixtures's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=316.131/1017.267*91
=56.71

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

Focus Lighting and Fixtures'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)
=(73.511+0.75 * 316.131+0.5 * 385.076-378.06
-0-0)/65.2506
=1.92

* 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.


Focus Lighting and Fixtures Accounts Receivable Related Terms

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Focus Lighting and Fixtures (NSE:FOCUS) Business Description

Traded in Other Exchanges
N/A
Address
Sonawala Road, Near Udyog Bhavan, 1007-1010, Corporate Avenue Wing A, Goregaon (East), Mumbai, MH, IND, 400063
Focus Lighting and Fixtures Ltd provide lighting fixtures. The company has two reportable segments namely trading and manufacturing activities. It generates maximum revenue from the Trading segment. The company products include cabinet lights, lighting systems, pendants, recessed, semi-recessed, surface, track, and trimless.

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