Tracxn Technologies (BOM:543638) Accounts Receivable : ₹83.4 Mil (As of Mar. 2024)

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What is Tracxn Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tracxn Technologies's accounts receivables for the quarter that ended in Mar. 2024 was ₹83.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Tracxn Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 37.46.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tracxn Technologies's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹3.97.

Tracxn Technologies Accounts Receivable Historical Data

The historical data trend for Tracxn 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.

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Tracxn Technologies Accounts Receivable Chart

Tracxn Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

44.00

56.85

71.72

97.69

83.40

Tracxn Technologies Quarterly Data
	Mar20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial								97.69	-	102.69	-	83.40

Tracxn Technologies Accounts Receivable Calculation

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

Tracxn 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	83.398	/	203.154	*	91
=	37.46

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

Tracxn Technologies'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)
=	(770.632	+	0.75 * 83.398	+	0.5 * 0	-	421.963
-	0	-	0)	/	103.541
=	3.97

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.

Tracxn Technologies Accounts Receivable Related Terms

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Tracxn Technologies (BOM:543638) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Tracxn Technologies Ltd (BOM:543638) » Definitions » Accounts Receivable

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TRACXN:India

Address

Sector 6, H.S.R. Layout, L-248, 2nd Floor, 17th Cross, Bengaluru, KA, IND, 560 102

Website

https://www.tracxn.com

Tracxn Technologies Ltd provides market intelligence data for private companies. The company's extensive global database and customized solutions and features allow its customers to source and track companies across sectors and geographies to address requirements. It offers private company data to its customers for deal sourcing, identifying M&A targets, deal diligence, analysis, and tracking emerging themes across industries and markets, among other uses, through its Tracxn platform. Geographically the company generates its revenue from India, the United states of America, and other countries.

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