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Ambition Mica (BOM:539223) Accounts Receivable : ₹0.0 Mil (As of Jun. 2023)


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What is Ambition Mica Accounts Receivable?

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

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


Ambition Mica Accounts Receivable Historical Data

The historical data trend for Ambition Mica'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.

Ambition Mica Accounts Receivable Chart

Ambition Mica 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 340.45 319.26 245.56 144.54 28.14

Ambition Mica Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 - 119.76 - 28.14 -

Ambition Mica Accounts Receivable Calculation

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


Ambition Mica 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.

Ambition Mica's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/33.7*91
=0.00

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

Ambition Mica's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)/14.922
=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.


Ambition Mica Accounts Receivable Related Terms

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Ambition Mica Business Description

Traded in Other Exchanges
N/A
Address
Anand Timber Mart Compound, Behind Karnavati Hospital, Opposite Saijpur Tower, Saijpur Bogha, Ahmedabad, GJ, IND, 382345
Ambition Mica Ltd operates in the laminate industry. The company is engaged in the manufacturing of decorative laminates and door skins. It markets laminates and door skin under brands like Antique, Art Lam, Antique Aurum, Antique Natural Wood, Boutique, and Micro Touch.

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