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TripBorn (TripBorn) Accounts Receivable : $0.04 Mil (As of Dec. 2020)


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What is TripBorn Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. TripBorn's accounts receivables for the quarter that ended in Dec. 2020 was $0.04 Mil.

Accounts receivable can be measured by Days Sales Outstanding. TripBorn's Days Sales Outstanding for the quarter that ended in Dec. 2020 was 28.57.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. TripBorn's Net-Net Working Capital per share for the quarter that ended in Dec. 2020 was $-0.02.


TripBorn Accounts Receivable Historical Data

The historical data trend for TripBorn'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.

TripBorn Accounts Receivable Chart

TripBorn Annual Data
Trend Mar17 Mar18 Mar19 Mar20
Accounts Receivable
0.29 0.17 0.18 0.10

TripBorn Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 1.32 0.10 0.05 0.03 0.04

TripBorn Accounts Receivable Calculation

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


TripBorn 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.

TripBorn's Days Sales Outstanding for the quarter that ended in Dec. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.036/0.115*91
=28.57

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

TripBorn's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2020 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)
=(0.364+0.75 * 0.036+0.5 * 0-2.541
-0-0)/132.932
=-0.02

* 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.


TripBorn Accounts Receivable Related Terms

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TripBorn (TripBorn) Business Description

Traded in Other Exchanges
N/A
Address
762 Perthshire Pl, Abingdon, MD, USA, 21009
TripBorn Inc is an online travel agency. The company offers travel reservations and related travel services to travel agents in India. The company operates as a B2B online travel agency that serves travel agents and travel companies based in India in booking travel services and products for their customers. Its segment includes eCommerce Aggregator and Hospitality. The company generates maximum revenue from Hospitality segment.
Executives
Maxim Partners Llc 10 percent owner C/O MAXIM GROUP LLC, 99 SUNNYSIDE BLVD., WOODBURY NY 11797
Mjr Holdings Llc 10 percent owner C/O MAXIM GROUP LLC, 99 SUNNYSIDE BLVD., WOODBURY NY 11797