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MPS (BOM:532440) Accounts Receivable : ₹839 Mil (As of Sep. 2024)


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What is MPS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. MPS's accounts receivables for the quarter that ended in Sep. 2024 was ₹839 Mil.

Accounts receivable can be measured by Days Sales Outstanding. MPS's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 43.06.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. MPS's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹-40.70.


MPS Accounts Receivable Historical Data

The historical data trend for MPS'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.

MPS Accounts Receivable Chart

MPS 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 622.77 905.42 857.03 865.98 1,006.81

MPS 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 908.50 - 1,006.81 - 838.50

MPS Accounts Receivable Calculation

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


MPS 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=838.5/1777*91
=43.06

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

MPS'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)
=(1043+0.75 * 838.5+0.5 * 0-2362.2
-0-0)/16.9607
=-40.70

* 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.


MPS Accounts Receivable Related Terms

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MPS Business Description

Traded in Other Exchanges
Address
A-1, Tower-A, 4th Floor, Windsor IT Park, Sector 125, Noida, UP, IND, 201303
MPS Ltd is an India based company engaged in the business of offering platforms and publishing solutions. The operating segments of the group are Content solutions, eLearning solutions and Platform solutions. It derives a majority of the revenue from the Content solutions segment which involves creating and developing content for print and digital delivery. It includes content authoring/development, content production, content transformation, fulfilment and customer support services. Geographically, the group has a business presence in India, USA Europe and other countries. The company's platforms include DigiCore, MPSTrak, THINK360, ScholarStor and others.

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