Dev Labtech Venture (BOM:543848) Accounts Receivable : ₹73.2 Mil (As of Sep. 2024)

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What is Dev Labtech Venture Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Dev Labtech Venture's accounts receivables for the quarter that ended in Sep. 2024 was ₹73.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Dev Labtech Venture's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 68.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Dev Labtech Venture's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹14.64.

Dev Labtech Venture Accounts Receivable Historical Data

The historical data trend for Dev Labtech Venture'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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Dev Labtech Venture Accounts Receivable Chart

Dev Labtech Venture Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

22.73

29.87

40.76

47.04

19.13

Dev Labtech Venture Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Accounts Receivable	Get a 7-Day Free Trial			26.22	47.04	81.01	19.13	73.22

Dev Labtech Venture Accounts Receivable Calculation

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

Dev Labtech Venture 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.

Dev Labtech Venture's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	73.216	/	195.135	*	91
=	68.48

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

Dev Labtech Venture'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)
=	(1.44	+	0.75 * 73.216	+	0.5 * 245.607	-	27.758
-	0	-	0)	/	10.343
=	14.64

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.

Dev Labtech Venture Accounts Receivable Related Terms

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Dev Labtech Venture Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Dev Labtech Venture Ltd (BOM:543848) » Definitions » Accounts Receivable

Traded in Other Exchanges

N/A

Address

Dairy Road, Near Nilambaug Circle, GF/22-23, Pattani Plaza, Bhavnagar, GJ, IND, 364002

Website

https://www.devlabtechventure.com

Dev Labtech Venture Ltd is engaged in the business of manufacturing, marketing and sourcing of diamonds: Natural and Lab grown having wide application in Jewelry. It operates in both domestic and export markets. It exports its products to United States and Hong Kong.

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