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Indian Overseas Bank (BOM:532388) Accounts Receivable : ₹0 Mil (As of Sep. 2024)


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What is Indian Overseas Bank Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Indian Overseas Bank's accounts receivables for the quarter that ended in Sep. 2024 was ₹0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Indian Overseas Bank's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Indian Overseas Bank's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹-172.07.


Indian Overseas Bank Accounts Receivable Historical Data

The historical data trend for Indian Overseas Bank'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.

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Indian Overseas Bank Accounts Receivable Chart

Indian Overseas Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
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Indian Overseas Bank Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Indian Overseas Bank Accounts Receivable Calculation

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


Indian Overseas Bank 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.

Indian Overseas Bank's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/41753.5*91
=0.00

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

Indian Overseas Bank'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)
=(229957.1+0.75 * 0+0.5 * 0-3482578.7
-0-0)/18902.4
=-172.07

* 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.


Indian Overseas Bank Accounts Receivable Related Terms

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Indian Overseas Bank Business Description

Traded in Other Exchanges
Address
No. 763, Anna Salai, Chennai, TN, IND, 600 002
Indian Overseas Bank is engaged in the banking sector. The bank is based in India and has branches in several Asian countries. The majority of revenue is earned domestically. Its segments are corporate/wholesale banking, treasury, retail banking, and other banking operations. Corporate/wholesale banking provides working capital finance, term loans, and loans for the information technology sector. The Treasury segment offers asset management services, credit cards, settlement services, and locker facilities while the retail banking segment provides current accounts, term deposits, retail loans, mortgages, insurance, and Internet banking.

Indian Overseas Bank Headlines

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