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Akme Fintrade (India) (BOM:544200) Accounts Receivable : ₹0.0 Mil (As of Dec. 2024)


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What is Akme Fintrade (India) Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Akme Fintrade (India)'s accounts receivables for the quarter that ended in Dec. 2024 was ₹0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Akme Fintrade (India)'s Days Sales Outstanding for the quarter that ended in Dec. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Akme Fintrade (India)'s Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ₹N/A.


Akme Fintrade (India) Accounts Receivable Historical Data

The historical data trend for Akme Fintrade (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.

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Akme Fintrade (India) Accounts Receivable Chart

Akme Fintrade (India) Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Accounts Receivable
- - - -

Akme Fintrade (India) Quarterly Data
Mar20 Mar21 Mar22 Sep22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Akme Fintrade (India) Accounts Receivable Calculation

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


Akme Fintrade (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.

Akme Fintrade (India)'s Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/279.127*91
=0.00

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

Akme Fintrade (India)'s Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(0+0.75 * 0+0.5 * 0-N/A
-0-0)/426.750
=N/A

* 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.


Akme Fintrade (India) Accounts Receivable Related Terms

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Akme Fintrade (India) Business Description

Traded in Other Exchanges
Address
608, The Summit - Business Bay, behind Guru Nank Petrol Pump, Opposite Cinemax, Prakashwadi Andheri East, Mumbai, MH, IND, 400069
Website
Akme Fintrade (India) Ltd is a non-banking finance company. It is engaged in rural and semi-urban centric lending solutions to look after the needs and aspirations of rural and semi-urban populace. The company's portfolio includes Vehicle Finance and Business Finance Products to small business owners and has footprints in rural and semi-urban geographies in 4 Indian states Rajasthan, Maharashtra, Madhya Pradesh and Gujarat.

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