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Indian Hotels Co (LSE:IHTD) Accounts Receivable : $57.4 Mil (As of Mar. 2024)


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What is Indian Hotels Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Indian Hotels Co's accounts receivables for the quarter that ended in Mar. 2024 was $57.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Indian Hotels Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 22.82.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Indian Hotels Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.37.


Indian Hotels Co Accounts Receivable Historical Data

The historical data trend for Indian Hotels Co'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.

Indian Hotels Co Accounts Receivable Chart

Indian Hotels Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.90 30.19 33.51 54.27 57.39

Indian Hotels Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 54.27 58.23 - 57.39

Indian Hotels Co Accounts Receivable Calculation

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


Indian Hotels Co 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.

Indian Hotels Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=57.39/229.5*91
=22.82

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

Indian Hotels Co'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)
=(277.731+0.75 * 57.39+0.5 * 14.025-569.386
-0-80.95)/880.757
=-0.37

* 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.


Indian Hotels Co Accounts Receivable Related Terms

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Indian Hotels Co (LSE:IHTD) Business Description

Traded in Other Exchanges
Address
Barrister Rajni Patel Marg, 9th Floor, Express Towers, Nariman Point, Mumbai, MH, IND, 400 021
Indian Hotels Co Ltd is an owner and operator of hotels and resorts, domiciled in India. The company operates its hotels and resorts under the Taj Hotels Resorts and Palaces brand. Indian Hotels reports revenue across six business lines: room income; food, restaurants, and banquet income; shop rentals; membership fees; management and operating fees; and others. Room income is the most contributor to company revenue, followed by food, restaurants, and banquet income. Together, these two segments represent the vast majority of company revenue. Indian Hotels derives the majority of its revenue domestically.

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