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Gourmet Gateway India (BOM:506134) Accounts Receivable : ₹108 Mil (As of Mar. 2024)


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What is Gourmet Gateway India Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gourmet Gateway India's accounts receivables for the quarter that ended in Mar. 2024 was ₹108 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Gourmet Gateway India's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 26.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Gourmet Gateway India's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-7.47.


Gourmet Gateway India Accounts Receivable Historical Data

The historical data trend for Gourmet Gateway 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.

Gourmet Gateway India Accounts Receivable Chart

Gourmet Gateway India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 70.62 108.29

Gourmet Gateway India Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 70.62 - 95.83 - 108.29

Gourmet Gateway India Accounts Receivable Calculation

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


Gourmet Gateway 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.

Gourmet Gateway India's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=108.286/372.174*91
=26.55

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

Gourmet Gateway India's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(78.49+0.75 * 108.286+0.5 * 98.364-1174.839
-0-37.503)/134.269
=-7.47

* 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.


Gourmet Gateway India Accounts Receivable Related Terms

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Gourmet Gateway India (BOM:506134) Business Description

Traded in Other Exchanges
N/A
Address
Senapati Bapat Marg, 1104, A Wing, 11th Floor, Naman Midtown, Prabhadevi, Mumbai, MH, IND, 400013
Intellivate Capital Ventures Ltd provides advisory, consultancy, investment, and share trading services. All the operations of the firm function through India. The company provides integrated solutions to clients, including managing crucial aspects like Merchant Banking, which includes corporate finance, working capital finance, project finance, and financial restructuring to corporate. It is mainly engaged in providing financial advisory and consultancy services and treasury operations by providing funding solutions to clients, both in the form of Debt and Equity and investment activities.

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