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Bajaj Finserv (NSE:BAJAJFINSV) Accounts Receivable : ₹59,739 Mil (As of Mar. 2024)


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What is Bajaj Finserv Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bajaj Finserv's accounts receivables for the quarter that ended in Mar. 2024 was ₹59,739 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bajaj Finserv's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 17.73.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bajaj Finserv's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-2,933.31.


Bajaj Finserv Accounts Receivable Historical Data

The historical data trend for Bajaj Finserv'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.

Bajaj Finserv Accounts Receivable Chart

Bajaj Finserv 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 26,578.10 27,530.70 30,048.10 34,586.40 59,738.60

Bajaj Finserv 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 34,586.40 - 58,450.00 - 59,738.60

Bajaj Finserv Accounts Receivable Calculation

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


Bajaj Finserv 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.

Bajaj Finserv's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=59738.6/307389.9*91
=17.73

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

Bajaj Finserv'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)
=(57650.2+0.75 * 59738.6+0.5 * 0-4341537.8
-0-434472.1)/1593.27
=-2,933.31

* 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.


Bajaj Finserv Accounts Receivable Related Terms

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Bajaj Finserv (NSE:BAJAJFINSV) Business Description

Traded in Other Exchanges
Address
Off Pune-Ahmednagar Road, 6th Floor, Bajaj Finserv Corporate Office, Viman Nagar, Pune, MH, IND, 411 014
Bajaj Finserv Ltd is a non-banking financial services company headquartered in India that engages in lending activities. It services six lending verticals: consumer, small and midsize enterprises, commercial, rural, deposits, and partnerships and services. Bajaj's consumer and rural lending consists of funding solutions for consumer durables, such as vehicles and furniture to personal loans. The commercial lending activities consist of funding for plant and machinery assets and term loans to SMEs. Its mortgage lending activities consist of loans for residential and commercial properties and developer financing, among others. The company operates in India, with most of its revenue coming from Premium and other operating income from the insurance business.

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