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Singer India (BOM:505729) Accounts Receivable : ₹453 Mil (As of Sep. 2024)


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What is Singer India Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Singer India's accounts receivables for the quarter that ended in Sep. 2024 was ₹453 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Singer India's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 39.07.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Singer India's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹12.26.


Singer India Accounts Receivable Historical Data

The historical data trend for Singer 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.

Singer India Accounts Receivable Chart

Singer India Annual Data
Trend Jun15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 573.03 476.74 498.41 396.75 351.81

Singer India Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only 418.90 - 351.81 - 452.80

Singer India Accounts Receivable Calculation

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


Singer 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.

Singer India's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=452.8/1057.6*91
=39.07

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

Singer India's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 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)
=(794.3+0.75 * 452.8+0.5 * 853.9-810.9
-0-0)/61.193
=12.26

* 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.


Singer India Accounts Receivable Related Terms

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Singer India Business Description

Traded in Other Exchanges
N/A
Address
Mohan Cooperative Industrial Estate, A-26/4, 2nd Floor, New Delhi, IND, 110044
Singer India Ltd is an Indian-based firm engaged in the business of trading and manufacturing sewing products and also conducts trading in domestic appliances. The company operates in two business segments namely, the Sewing machines and related accessories segment, which comprises the production and distribution of sewing products which includes sewing machine accessories and related products that also contribute to revenue, and the Home Appliances segment, which includes steam irons, food processors, mixers, and air coolers. The majority of the revenue is from the Sewing machines and related accessories segment.

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