Gian Life Care (BOM:542918) Accounts Receivable : ₹55.2 Mil (As of Sep. 2024)

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What is Gian Life Care Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gian Life Care's accounts receivables for the quarter that ended in Sep. 2024 was ₹55.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Gian Life Care's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 258.52.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Gian Life Care's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹-11.50.

Gian Life Care Accounts Receivable Historical Data

The historical data trend for Gian Life Care'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.

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Gian Life Care Accounts Receivable Chart

Gian Life Care Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

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15.73

20.54

17.75

32.54

48.12

Gian Life Care Quarterly Data
	Mar19	Jun19	Sep19	Mar20	Sep20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Receivable	Get a 7-Day Free Trial														44.10	-	48.12	-	55.15

Gian Life Care Accounts Receivable Calculation

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

Gian Life Care 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.

Gian Life Care's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	55.152	/	19.467	*	91
=	258.52

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

Gian Life Care's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=	(76.781	+	0.75 * 55.152	+	0.5 * 5.843	-	148.579
-	0	-	91.464)	/	10.342
=	-11.50

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.

Gian Life Care Accounts Receivable Related Terms

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Gian Life Care Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Gian Life Care Ltd (BOM:542918) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

7/216 (6) Swaroop Nagar, Infront of L-L.R. Hospital, Kanpur, UP, IND, 208002

Website

https://www.gianlifecare.org

Gian Life Care Ltd is an Indian firm engaged in the business of providing diagnostic and related healthcare tests and services in Kanpur and nearby areas. The company provides a broad range of diagnostic and related healthcare tests and services such as patient diagnosis, prevention, and wellness diagnosis services to its patients and healthcare providers. Its customers include individual patients, hospitals, other healthcare providers, and corporate customers. Substantial revenue accrues from the Pathological Testing Fees. The Company has only one operating segment namely, Laboratories Pathological Investigations.

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