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Diggi Multitrade (BOM:540811) Accounts Receivable : ₹28.77 Mil (As of Sep. 2023)


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What is Diggi Multitrade Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Diggi Multitrade's accounts receivables for the quarter that ended in Sep. 2023 was ₹28.77 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Diggi Multitrade's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹2.05.


Diggi Multitrade Accounts Receivable Historical Data

The historical data trend for Diggi Multitrade'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.

Diggi Multitrade Accounts Receivable Chart

Diggi Multitrade 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 10.54 16.01 15.38 34.89 28.77

Diggi Multitrade Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 10.78 34.89 30.37 28.77 28.77

Diggi Multitrade Accounts Receivable Calculation

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


Diggi Multitrade 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.

Diggi Multitrade's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=28.767/0*91
=

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

Diggi Multitrade's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(0.002+0.75 * 28.767+0.5 * 0-1.692
-0-0)/9.6775
=2.05

* 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.


Diggi Multitrade Accounts Receivable Related Terms

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Diggi Multitrade (BOM:540811) Business Description

Traded in Other Exchanges
N/A
Address
Opposite Infiniti Mall, Link Road, D-106, Crystal Plaza, Andheri (West), Mumbai, MH, IND, 400053
Diggi Multitrade Ltd is engaged in the trading of real estate by way of acquiring interests in various real estate projects such as flats and land where the company purchases the flat from the builders and sells to a third party at a price higher than the price originally paid by the company. The company is also involved in trading construction materials.

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