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Electronics Mart India (BOM:543626) Accounts Receivable : ₹1,814 Mil (As of Mar. 2024)


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What is Electronics Mart India Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Electronics Mart India's accounts receivables for the quarter that ended in Mar. 2024 was ₹1,814 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Electronics Mart India's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 11.08.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Electronics Mart India's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-25.45.


Electronics Mart India Accounts Receivable Historical Data

The historical data trend for Electronics Mart India'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.

Electronics Mart India Accounts Receivable Chart

Electronics Mart India Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
845.98 953.92 1,079.33 1,384.12 1,814.19

Electronics Mart India Quarterly Data
Mar20 Mar21 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 1,384.12 - 1,408.20 - 1,814.19

Electronics Mart India Accounts Receivable Calculation

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


Electronics Mart India 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.

Electronics Mart India's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1814.19/14944.18*91
=11.08

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

Electronics Mart India'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)
=(894.4+0.75 * 1814.19+0.5 * 9692.76-16894.29
-0-0)/384.749
=-25.45

* 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.


Electronics Mart India Accounts Receivable Related Terms

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Electronics Mart India (BOM:543626) Business Description

Traded in Other Exchanges
Address
Panjgutta Main Road, M. No. 6-3-666/A1 To 7, 3rd & 4th floor, Opposite NIMS Hospital, Hyderabad, TG, IND, 500 082
Electronics Mart India Ltd is a consumer durables and electronics retailer in India. The company offers a diversified range of products which include mobile devices, laptops, home and kitchen appliances, home entertainment systems, cameras, and personal care items. It operates a network of multi-brand outlets (MBOs) under the brand name Bajaj Electronics and Electronics Mart and manages exclusive brand outlets (EBOs) for various brands.

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