GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Apollo Micro Systems Ltd (BOM:540879) » Definitions » Accounts Receivable

Apollo Micro Systems (BOM:540879) Accounts Receivable : ₹2,353 Mil (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Apollo Micro Systems Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Apollo Micro Systems's accounts receivables for the quarter that ended in Mar. 2024 was ₹2,353 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Apollo Micro Systems's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 158.51.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Apollo Micro Systems's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-0.60.


Apollo Micro Systems Accounts Receivable Historical Data

The historical data trend for Apollo Micro Systems'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.

Apollo Micro Systems Accounts Receivable Chart

Apollo Micro Systems 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 1,354.79 1,694.98 1,364.08 1,465.95 2,352.72

Apollo Micro Systems 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 1,465.95 - 1,474.75 - 2,352.72

Apollo Micro Systems Accounts Receivable Calculation

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


Apollo Micro Systems 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.

Apollo Micro Systems's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2352.717/1354.372*91
=158.51

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

Apollo Micro Systems'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)
=(275.44+0.75 * 2352.717+0.5 * 4335.588-4370.213
-0-6.991)/282.359
=-0.60

* 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.


Apollo Micro Systems Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Apollo Micro Systems's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Apollo Micro Systems (BOM:540879) Business Description

Traded in Other Exchanges
Address
Plot No 128/A, Road No. 12, BEL Road, IDA Mallapur, Uppal Mandal, Rangareddy, Hyderabad, TG, IND, 500076
Apollo Micro Systems Ltd offers design, development, and assembly of custom-built electronics and electro-mechanical solutions. The company sells high-performance, mission and time-critical solutions to Space and Home Land Security, Aviation, Aerospace, Avionics, Defence and naval. It offers a wide range of services such as electronic manufacturing, hardware design services, IT and software services, electronic and mechanical- CAD services.

Apollo Micro Systems (BOM:540879) Headlines

No Headlines