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Sancode Technologies (BOM:543897) Accounts Receivable : ₹3.28 Mil (As of Sep. 2024)


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What is Sancode Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sancode Technologies's accounts receivables for the quarter that ended in Sep. 2024 was ₹3.28 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sancode Technologies's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹-1.37.


Sancode Technologies Accounts Receivable Historical Data

The historical data trend for Sancode 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.

* Premium members only.

Sancode Technologies Accounts Receivable Chart

Sancode Technologies Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
5.83 11.63 18.84 8.97 3.45

Sancode Technologies Quarterly Data
Mar20 Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 5.92 - 3.45 3.28

Sancode Technologies Accounts Receivable Calculation

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


Sancode 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.281/0*91
=

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

Sancode Technologies'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)
=(14.713+0.75 * 3.281+0.5 * 0-22.762
-0-0)/4.069
=-1.37

* 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.


Sancode Technologies Accounts Receivable Related Terms

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Sancode Technologies Business Description

Traded in Other Exchanges
N/A
Address
B.M. Road, Opposite Elphinstone Station, 107, Prime Plaza, J.V. Patel Compound, Mumbai, MH, IND, 400013
Sancode Technologies Ltd is engaged in the business of providing technology development and technical / management consultancy services.. The firm's entire business falls under one segment namely Technical and Management consultancy services. It engages in software and product Digital transformation. Workflow automation., Artificial intelligence (AI), and Machine learning (ML). Robotic Process Automation (RPA) and Data Analytics, Metaverse, Web3 applications, and System Integration.

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