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Active Clothing Co (BOM:541144) Accounts Receivable : ₹747 Mil (As of Mar. 2024)


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What is Active Clothing Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Active Clothing Co's accounts receivables for the quarter that ended in Mar. 2024 was ₹747 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Active Clothing Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 179.73.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Active Clothing Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-37.55.


Active Clothing Co Accounts Receivable Historical Data

The historical data trend for Active Clothing Co'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.

Active Clothing Co Accounts Receivable Chart

Active Clothing Co 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 458.59 297.61 390.15 475.84 747.01

Active Clothing Co Quarterly Data
Mar17 Dec17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 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 475.84 - 899.90 - 747.01

Active Clothing Co Accounts Receivable Calculation

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


Active Clothing Co 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.

Active Clothing Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=747.014/379.267*91
=179.73

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

Active Clothing Co'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)
=(3.094+0.75 * 747.014+0.5 * 726.817-1509.31
-0-0)/15.5122
=-37.55

* 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.


Active Clothing Co Accounts Receivable Related Terms

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Active Clothing Co (BOM:541144) Business Description

Traded in Other Exchanges
N/A
Address
Plot no. E-225, Phase VIII B, Industrial Area, Focal Point, Mohali, PB, IND, 160055
Active Clothing Co Ltd is an apparel manufacturer. The company produces garments across three categories which include flat knit sweaters, outwear jackets, circular knit t-shirts, sweatshirts, and joggers for men, women, kids, and baby wear.

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