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Tata Consumer Products (LSE:TGBA) Accounts Receivable : $108 Mil (As of Mar. 2024)


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What is Tata Consumer Products Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tata Consumer Products's accounts receivables for the quarter that ended in Mar. 2024 was $108 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Tata Consumer Products's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 21.42.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tata Consumer Products's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.94.


Tata Consumer Products Accounts Receivable Historical Data

The historical data trend for Tata Consumer Products'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.

Tata Consumer Products Accounts Receivable Chart

Tata Consumer Products 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 123.73 104.55 109.62 97.04 108.01

Tata Consumer Products Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 97.04 - 102.53 - 108.01

Tata Consumer Products Accounts Receivable Calculation

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


Tata Consumer Products 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.

Tata Consumer Products's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=108.014/460.074*91
=21.42

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

Tata Consumer Products'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)
=(324.142+0.75 * 108.014+0.5 * 333.571-1274.95
-0-166.143)/929.012
=-0.94

* 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.


Tata Consumer Products Accounts Receivable Related Terms

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Tata Consumer Products (LSE:TGBA) Business Description

Traded in Other Exchanges
Address
11/13 Botawala Building 1st Floor, Office No 2-6 Horniman Circle Fort, Fort, Mumbai, MH, IND, 400 001
Tata Consumer Products Ltd is a manufacturer and supplier of consumer food and beverages. The company's products include tea, coffee, water, salt, pulses, spices, and ready-to-eat offerings. Its key beverage brands include Tata Tea, Tetley, Eight O'Clock Coffee, Tata Coffee Grand, and Himalayan Natural Mineral Water. Its food portfolio includes brands such as Tata Salt and Tata Sampann. Its segment includes Branded Business, Non-Branded Business and Others. The company has an international presence and generates more than half of its revenue in India.

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