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Anand Rathi Wealth (BOM:543415) Accounts Receivable : ₹1 Mil (As of Mar. 2024)


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What is Anand Rathi Wealth Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Anand Rathi Wealth's accounts receivables for the quarter that ended in Mar. 2024 was ₹1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Anand Rathi Wealth's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 0.04.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Anand Rathi Wealth's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹74.48.


Anand Rathi Wealth Accounts Receivable Historical Data

The historical data trend for Anand Rathi Wealth'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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Anand Rathi Wealth Accounts Receivable Chart

Anand Rathi Wealth Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial 91.14 108.65 148.99 1.49 0.75

Anand Rathi Wealth Quarterly Data
Mar19 Mar20 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 1.49 - 215.69 - 0.75

Anand Rathi Wealth Accounts Receivable Calculation

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


Anand Rathi Wealth 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.

Anand Rathi Wealth's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.752/1842.842*91
=0.04

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

Anand Rathi Wealth'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)
=(5423.505+0.75 * 0.752+0.5 * 0-2181.808
-0-127.003)/41.8283
=74.48

* 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.


Anand Rathi Wealth Accounts Receivable Related Terms

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Anand Rathi Wealth (BOM:543415) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, Trade Link, 2nd and 3rd Floor, E Wing, B and C Block, Kamla Mill Compound, Lower Parel, Mumbai, MH, IND, 400 013
Anand Rathi Wealth Ltd is a non-bank wealth solutions firm. The company offers a wide product portfolio of wealth solutions, financial product distribution, and technology solutions to its clients.

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