Virtuoso OptoElectronics (BOM:543597) Accounts Receivable : ₹213 Mil (As of Mar. 2024)

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What is Virtuoso OptoElectronics Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Virtuoso OptoElectronics's accounts receivables for the quarter that ended in Mar. 2024 was ₹213 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Virtuoso OptoElectronics's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 13.29.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Virtuoso OptoElectronics's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-21.81.

Virtuoso OptoElectronics Accounts Receivable Historical Data

The historical data trend for Virtuoso OptoElectronics'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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Virtuoso OptoElectronics Accounts Receivable Chart

Virtuoso OptoElectronics Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

197.53

107.71

88.79

262.41

213.06

Virtuoso OptoElectronics Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Accounts Receivable	Get a 7-Day Free Trial			88.79	88.06	262.41	194.82	213.06

Virtuoso OptoElectronics Accounts Receivable Calculation

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

Virtuoso OptoElectronics 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.

Virtuoso OptoElectronics's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	213.057	/	2926.218	*	91
=	13.29

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

Virtuoso OptoElectronics'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)
=	(904.204	+	0.75 * 213.057	+	0.5 * 1647.635	-	2461.648
-	0	-	0.533)	/	26.3388
=	-21.81

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.

Virtuoso OptoElectronics Accounts Receivable Related Terms

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Virtuoso OptoElectronics (BOM:543597) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Virtuoso OptoElectronics Ltd (BOM:543597) » Definitions » Accounts Receivable

Traded in Other Exchanges

N/A

Address

Plot No. 7 M.I.D.C, Satpur, Nasik, MH, IND, 422007

Website

https://www.voepl.com

Virtuoso OptoElectronics Ltd is engaged in the manufacturing of consumer durable goods, assembles a wide array of products and provide end-to-end product solutions. The company's product portfolio of consumer goods includes Split Air Conditioners; Water Heaters; LED Lighting products; and other miscellaneous products such as injection moulding components for air conditioners.

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