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CMS Info Systems (NSE:CMSINFO) Accounts Receivable : ₹9,901 Mil (As of Sep. 2024)


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What is CMS Info Systems Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CMS Info Systems's accounts receivables for the quarter that ended in Sep. 2024 was ₹9,901 Mil.

Accounts receivable can be measured by Days Sales Outstanding. CMS Info Systems's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 144.66.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. CMS Info Systems's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹41.56.


CMS Info Systems Accounts Receivable Historical Data

The historical data trend for CMS Info Systems'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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CMS Info Systems Accounts Receivable Chart

CMS Info Systems Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial 4,486.15 5,007.19 4,993.21 5,260.03 7,197.13

CMS Info Systems Quarterly Data
Mar19 Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 6,786.22 - 7,197.13 - 9,901.05

CMS Info Systems Accounts Receivable Calculation

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


CMS Info Systems 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.

CMS Info Systems's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9901.05/6245.37*91
=144.66

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

CMS Info Systems's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(6546.8+0.75 * 9901.05+0.5 * 819.63-7599.83
-0-0)/163.183
=41.56

* 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.


CMS Info Systems Accounts Receivable Related Terms

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CMS Info Systems Business Description

Traded in Other Exchanges
Address
Off Western Express Highway, Grand Hyatt Mumbai, Lobby level, Santacruz East, Mumbai, MH, IND, 400055
CMS Info Systems Ltd is engaged in the business of providing ATM and Cash Management services, supply, installation and maintenance of ATM and cash deposit machines, and also engaged in card trading and personalization services. Its reportable segments are; Cash Management services; Managed services; and Card services. Maximum revenue for the company is generated from its Cash Management services segment which provides ATM cash management services, Retail cash management services, Cash in transit services for banks, and other related services.

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