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Inani Securities (BOM:531672) Accounts Receivable : ₹12.62 Mil (As of Sep. 2024)


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What is Inani Securities Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Inani Securities's accounts receivables for the quarter that ended in Sep. 2024 was ₹12.62 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Inani Securities's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 243.69.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Inani Securities's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹-6.14.


Inani Securities Accounts Receivable Historical Data

The historical data trend for Inani Securities'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.

Inani Securities Accounts Receivable Chart

Inani Securities 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 38.43 23.73 28.53 22.34 3.62

Inani Securities 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 - - 3.62 - 12.62

Inani Securities Accounts Receivable Calculation

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


Inani Securities 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=12.616/4.724*91
=243.69

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

Inani Securities'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)
=(51.786+0.75 * 12.616+0.5 * 1.761-90.074
-0-0)/4.55476
=-6.14

* 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.


Inani Securities Accounts Receivable Related Terms

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Inani Securities Business Description

Traded in Other Exchanges
N/A
Address
Senapati Bapat Marg, Office No. 1408, 14th Floor, Naman Midtown, B-Wing, Next to lndiabulls Finance Center, Elphinstone, Mumbai, MH, IND, 400 013
Inani Securities Ltd is engaged in the capital market business sector. The company offers information analysis and research covering Indian businesses, financial markets, and institutional clients. The company also focuses on equity, depository participant services, portfolio management services, distribution of mutual funds, and bonds. Geographically, the company operates only in the Indian market which is there only business segment.

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