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Eros International Media (BOM:533261) Accounts Receivable : ₹577 Mil (As of Mar. 2024)


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What is Eros International Media Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Eros International Media's accounts receivables for the quarter that ended in Mar. 2024 was ₹577 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Eros International Media's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 89.51.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Eros International Media's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-108.53.


Eros International Media Accounts Receivable Historical Data

The historical data trend for Eros International Media'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.

Eros International Media Accounts Receivable Chart

Eros International Media 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 667.00 232.50 353.30 587.80 577.20

Eros International Media 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 587.80 - 5,979.60 - 577.20

Eros International Media Accounts Receivable Calculation

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


Eros International Media 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.

Eros International Media's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=577.2/588.4*91
=89.51

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

Eros International Media'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)
=(527.5+0.75 * 577.2+0.5 * 0-11292.9
-0-76.7)/95.914
=-108.53

* 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.


Eros International Media Accounts Receivable Related Terms

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Eros International Media Business Description

Traded in Other Exchanges
N/A
Address
Off Andheri Link Road, 201, Kailash Plaza, Plot No A-12, Opp. Laxmi Ind Estate, Andheri (West, Mumbai, MH, IND, 400053
Eros International Media Ltd is engaged in the Media and Entertainment Industry. It operates the production, exploitation, and distribution of films in India and internationally. The company distributes film content through various distribution channels which include theatrical, television syndication, and digital and ancillary. Eros licensing deals with television networks in India, such as Star, Sony, Zee, and Colors and it produces and distributes films in languages, including Hindi, Tamil, Telugu, Marathi, Malayalam, Punjabi, and Bengali. The Company has identified three geographic markets: India, UAE and the Rest of the world. The Revenue from operations is derived from the Sale/distribution/exhibition of films and other rights.

Eros International Media Headlines

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