Mac Hotels (BOM:541973) Accounts Receivable

: ₹6.23 Mil (As of Sep. 2023)

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mac Hotels's accounts receivables for the quarter that ended in Sep. 2023 was ₹6.23 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mac Hotels's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 46.47.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mac Hotels's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹-24.03.

Mac Hotels Accounts Receivable Historical Data

The historical data trend for Mac Hotels'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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Mac Hotels Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Receivable

18.68

17.62

4.52

4.21

5.98

Mac Hotels Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Receivable											4.22	4.21	4.93	5.98	6.23

Mac Hotels Accounts Receivable Calculation

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

Mac Hotels 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	6.227	/	24.454	*	91
=	46.47

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

Mac Hotels'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)
=	(1.21	+	0.75 * 6.227	+	0.5 * 6.28	-	81.112
-	0	-	0)	/	3
=	-24.03

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.

Mac Hotels Accounts Receivable Related Terms

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Mac Hotels (BOM:541973) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Mac Hotels Ltd (BOM:541973) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Beach Plaza (Annexee), Mac Corporate House, First Floor, Nomxin, Caranzalem, Ilhas, Panji, GA, IND, 403 001

Website

https://www.machotels.net

Mac Hotels Ltd is principal engaged in the business of owning, operating and managing hotels, restaurants and resorts in Goa. It operates and manages one resort under the name Resort Park Avenue in Goa. Its revenue sources comprise Room Revenue and Food and Beverage Sale.

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