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India Finsec (BOM:535667) Accounts Receivable : ₹0.0 Mil (As of Dec. 2023)


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What is India Finsec Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. India Finsec's accounts receivables for the quarter that ended in Dec. 2023 was ₹0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. India Finsec's Days Sales Outstanding for the quarter that ended in Dec. 2023 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. India Finsec's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₹N/A.


India Finsec Accounts Receivable Historical Data

The historical data trend for India Finsec'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.

India Finsec Accounts Receivable Chart

India Finsec Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.68 8.32 3.87 1.08 -

India Finsec Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 - - - - -

India Finsec Accounts Receivable Calculation

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


India Finsec 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.

India Finsec's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/160.898*91
=0.00

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

India Finsec's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(0+0.75 * 0+0.5 * 0-N/A
-0-0)/24.9417
=N/A

* 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.


India Finsec Accounts Receivable Related Terms

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India Finsec (BOM:535667) Business Description

Traded in Other Exchanges
N/A
Address
D-16, Above ICICI Bank, 1st Floor, Prashant Vihar, Sector - 14, Rohini, New Delhi, IND, 110 085
India Finsec Ltd operates as a non-banking financial company. It offers inter-corporate deposits, advancing short-term loans, long-term loans, credits to individuals and companies. It also deals in stocks, shares, and securities. The company's segments include: Trading and securities and advancing of loans after considering the nature of products and services. The firm mainly derives revenue from Interest on loans.

India Finsec (BOM:535667) Headlines

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