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Senco Gold (BOM:543936) Accounts Receivable : ₹670 Mil (As of Sep. 2023)


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What is Senco Gold Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Senco Gold's accounts receivables for the quarter that ended in Sep. 2023 was ₹670 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Senco Gold's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 4.99.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Senco Gold's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹-48.36.


Senco Gold Accounts Receivable Historical Data

The historical data trend for Senco Gold'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.

Senco Gold Accounts Receivable Chart

Senco Gold Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 184.23 277.07 275.59 393.98 454.22

Senco Gold Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 275.59 393.98 - 454.22 670.14

Senco Gold Accounts Receivable Calculation

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


Senco Gold 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.

Senco Gold's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=670.14/24519.57*91
=4.99

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

Senco Gold's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 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)
=(4935.15+0.75 * 670.14+0.5 * 20612.98-19500.34
-0-0)/77.6632
=-48.36

* 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.


Senco Gold Accounts Receivable Related Terms

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Senco Gold (BOM:543936) Business Description

Traded in Other Exchanges
Address
A.J.C. Bose Road, Unit no. 1001, 10th floor, 41A, Diamond Prestige, Kolkata, WB, IND, 700 017
Senco Gold Ltd is a pan-India jewellery retail company with a history of more than five decades and has a fourth-generation entrepreneur in the jewellery industry as its Promoter. The company primarily sell gold and diamond jewellery and also sell jewellery made of silver, platinum and precious and semi-precious stones and other metals. Its other offerings also include costume jewellery, gold and silver coins and utensils made of silver. Its products are sold under the Senco Gold & Diamonds tradename, through multiple channels, including its 75 Company Operated Showrooms and 61 Franchisee Showrooms and various online platforms, including its website.

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