Marble City India (BOM:531281) Accounts Receivable

: ₹216.1 Mil (As of Sep. 2022)

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Marble City India's accounts receivables for the quarter that ended in Sep. 2022 was ₹216.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Marble City India's Days Sales Outstanding for the quarter that ended in Sep. 2022 was 64.43.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Marble City India's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was ₹-25.23.

Marble City India Accounts Receivable Historical Data

The historical data trend for Marble City India'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.

Marble City India Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Accounts Receivable

102.53

58.11

66.59

226.28

197.64

Marble City India Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Accounts Receivable																211.39	-	197.64	-	216.14

Marble City India Accounts Receivable Calculation

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

Marble City India 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.

Marble City India's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	216.135	/	306.106	*	91
=	64.43

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

Marble City India's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 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)
=	(35.241	+	0.75 * 216.135	+	0.5 * 575.754	-	786.666
-	0	-	0)	/	11.9473
=	-25.23

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.

Marble City India Accounts Receivable Related Terms

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Marble City India (BOM:531281) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Marble City India Ltd (BOM:531281) » Definitions » Accounts Receivable

Traded in Other Exchanges

N/A

Address

Kailash Colony, A -30, S-11, Second Floor, New Delhi, IND, 110048

Website

https://www.marblecity.in

Marble City India Ltd is an India-based company primarily engaged in the business activity of manufacturing and trading of marbles and slabs. It is involved in cutting, finishing, and trading imported marbles. The group primarily markets its products in India. The company supplies its products for the projects such as hotels, shopping malls, premium residential complexes, club, motels, factories, corporate headquarters, office, and others.

Marble City India (BOM:531281) Headlines

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