GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BSE Ltd (NSE:BSE) » Definitions » Accounts Receivable

BSE (NSE:BSE) Accounts Receivable : ₹1,443 Mil (As of Sep. 2023)


View and export this data going back to 2017. Start your Free Trial

What is BSE Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. BSE's accounts receivables for the quarter that ended in Sep. 2023 was ₹1,443 Mil.

Accounts receivable can be measured by Days Sales Outstanding. BSE's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 41.88.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. BSE's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹34.97.


BSE Accounts Receivable Historical Data

The historical data trend for BSE'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.

BSE Accounts Receivable Chart

BSE 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 699.90 873.20 633.90 908.90 2,108.70

BSE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - 908.90 - 1,443.30 2,108.70

BSE Accounts Receivable Calculation

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


BSE 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1443.3/3145.1*91
=41.88

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

BSE'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)
=(54663+0.75 * 1443.3+0.5 * 0-49699.5
-0-1241)/137.400
=34.97

* 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.


BSE Accounts Receivable Related Terms

Thank you for viewing the detailed overview of BSE's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


BSE (NSE:BSE) Business Description

Traded in Other Exchanges
N/A
Address
Phiroze Jeejeebhoy Towers, Dalal Street, 25th Floor, Mumbai, MH, IND, 400001
BSE Ltd operates as a stock exchange and is one of the leading exchange groups in India. The company operates through one segment namely Stock Exchange Operations i.e. Facilitating Trading in Securities and other related ancillary Services. while generating majority of its revenues through the stock exchange activities. It primarily provides a trading platform for over 5000 companies that are listed on its exchange. The exchange offers various services such as trading in equity, debt instruments, derivatives and mutual funds. BSE also offers its customers other services such as risk management, market data services and educational programs.