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Safa Systems & Technologies (BOM:543461) Accounts Receivable : ₹479 Mil (As of Sep. 2024)


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What is Safa Systems & Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Safa Systems & Technologies's accounts receivables for the quarter that ended in Sep. 2024 was ₹479 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Safa Systems & Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 30.57.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Safa Systems & Technologies's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹-7.29.


Safa Systems & Technologies Accounts Receivable Historical Data

The historical data trend for Safa Systems & Technologies'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.

Safa Systems & Technologies Accounts Receivable Chart

Safa Systems & Technologies Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial 232.79 307.56 301.73 459.71 417.89

Safa Systems & Technologies Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 347.48 459.71 477.37 417.89 479.33

Safa Systems & Technologies Accounts Receivable Calculation

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


Safa Systems & Technologies 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.

Safa Systems & Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=479.325/2861.163*91
=30.57

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

Safa Systems & Technologies'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)
=(54.577+0.75 * 479.325+0.5 * 131.523-641.266
-0-20.624)/24.978
=-7.29

* 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.


Safa Systems & Technologies Accounts Receivable Related Terms

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Safa Systems & Technologies Business Description

Traded in Other Exchanges
N/A
Address
Kaniyapilly Road, Door No. 46/2631 B, Safa Arcade, Behind Holiday Inn, Chakkaraparambu, Ernakulam, KL, IND, 682028
Safa Systems & Technologies Ltd is engaged in the business of distributorship of consumer durable products like Mobile phones, electronic gadgets, Mobile phone accessories, Tablets, LED TVs, Home appliances and wearable devices of various brands like Xiaomi, OPPO, TECNO, motorola, Micromax, One Plus and others.

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