Mafia Trends (BOM:543613) Accounts Receivable : ₹1.71 Mil (As of Mar. 2024)

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What is Mafia Trends Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mafia Trends's accounts receivables for the quarter that ended in Mar. 2024 was ₹1.71 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mafia Trends's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 4.71.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mafia Trends's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹0.42.

Mafia Trends Accounts Receivable Historical Data

The historical data trend for Mafia Trends'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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Mafia Trends Accounts Receivable Chart

Mafia Trends Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

10.57

9.25

3.28

1.80

1.71

Mafia Trends Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Mar24
Accounts Receivable	10.57	9.25	3.28	1.80	1.71

Mafia Trends Accounts Receivable Calculation

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

Mafia Trends 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.713	/	66.306	*	91
=	4.71

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

Mafia Trends'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)
=	(26.596	+	0.75 * 1.713	+	0.5 * 94.765	-	73.383
-	0	-	0)	/	4.43355
=	0.42

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.

Mafia Trends Accounts Receivable Related Terms

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Mafia Trends (BOM:543613) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Mafia Trends Ltd (BOM:543613) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sandesh Press Road, 1, Prabhu Kutir Complex, Vastrapur, Ahmedabad, GJ, IND, 380 015

Website

http://www.mafiastores.com

Mafia Trends Ltd is engaged in the business of marketing and selling Men's fashion which includes apparel such as Jeans, Tshirts, Shirts, Chinos, Formal trousers and Formal shirts. The Company is engaged solely into the business of trading of apparels and readymade garments which is their only reportable segment.

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