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Aditya Birla Sun Life AMC (BOM:543374) Accounts Receivable : ₹407 Mil (As of Mar. 2024)


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What is Aditya Birla Sun Life AMC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Aditya Birla Sun Life AMC's accounts receivables for the quarter that ended in Mar. 2024 was ₹407 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Aditya Birla Sun Life AMC's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 10.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Aditya Birla Sun Life AMC's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-7.55.


Aditya Birla Sun Life AMC Accounts Receivable Historical Data

The historical data trend for Aditya Birla Sun Life AMC'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.

Aditya Birla Sun Life AMC Accounts Receivable Chart

Aditya Birla Sun Life AMC Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial 404.64 309.54 261.59 245.31 407.30

Aditya Birla Sun Life AMC Quarterly Data
Mar19 Mar20 Jun20 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 245.31 - 336.30 - 407.30

Aditya Birla Sun Life AMC Accounts Receivable Calculation

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


Aditya Birla Sun Life AMC 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.

Aditya Birla Sun Life AMC's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=407.3/3655.8*91
=10.17

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

Aditya Birla Sun Life AMC'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)
=(848.2+0.75 * 407.3+0.5 * 0-3329.7
-0-0)/288.091
=-7.55

* 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.


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Aditya Birla Sun Life AMC (BOM:543374) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, Elphinstone Road, One World Center, Tower 1, 17th Floor, Jupiter Mills, Mumbai, MH, IND, 400 013
Aditya Birla Sun Life AMC Ltd is primarily the investment manager of Aditya Birla Sun Life Mutual Fund. It also operates multiple alternate strategies including portfolio management services, real estate investments and alternative investment funds.

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