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TVS Holdings (BOM:520056) Accounts Receivable : ₹18,787 Mil (As of Sep. 2024)


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What is TVS Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. TVS Holdings's accounts receivables for the quarter that ended in Sep. 2024 was ₹18,787 Mil.

Accounts receivable can be measured by Days Sales Outstanding. TVS Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 17.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. TVS Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹-18,086.77.


TVS Holdings Accounts Receivable Historical Data

The historical data trend for TVS Holdings'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.

TVS Holdings Accounts Receivable Chart

TVS Holdings 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 15,904.20 12,065.50 13,670.10 14,646.40 18,554.00

TVS Holdings 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 16,995.20 - 18,554.00 - 18,786.50

TVS Holdings Accounts Receivable Calculation

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


TVS Holdings 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=18786.5/97684.1*91
=17.55

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

TVS Holdings'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)
=(38600.1+0.75 * 18786.5+0.5 * 41695.1-392336.8
-0-47134)/20.2321
=-18,086.77

* 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.


TVS Holdings Accounts Receivable Related Terms

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TVS Holdings Business Description

Traded in Other Exchanges
Address
No. 12, Khader Nawaz Khan Road, Nungambakkam, Chennai, TN, IND, 600006
TVS Holdings Ltd is an auto component manufacturing company. It manufactures aluminum pressure die castings for heavy commercial vehicles, passenger cars, and two-wheelers. The product range includes flywheel housing, gear housing, clutch housing, filter heads, air connectors, lube oil cooler cover assembly, filtration module casting, turbochargers, and others. The company has the following reportable operating segments; Automotive components, Financial services, Automotive vehicles and parts, and others. Maximum revenue is generated from its Automotive vehicles and parts segment. Geographically, the company derives its key revenue from the domestic markets and the rest through exports.

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