Interiors & More (NSE:INM) Accounts Receivable : ₹134.0 Mil (As of Sep. 2024)

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What is Interiors & More Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Interiors & More's accounts receivables for the quarter that ended in Sep. 2024 was ₹134.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Interiors & More's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹18.16.

Interiors & More Accounts Receivable Historical Data

The historical data trend for Interiors & More'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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Interiors & More Accounts Receivable Chart

Interiors & More Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

14.66

8.91

71.95

105.07

Interiors & More Quarterly Data
	Mar21	Mar22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Accounts Receivable	Get a 7-Day Free Trial			69.25	-	78.42	105.07	133.99

Interiors & More Accounts Receivable Calculation

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

Interiors & More 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.

Interiors & More's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	133.988	/	0	*	91
=

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

Interiors & More'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)
=	(11.385	+	0.75 * 133.988	+	0.5 * 465.297	-	217.388
-	0	-	0)	/	6.999
=	18.16

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.

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Interiors & More Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Interiors & More Ltd (NSE:INM) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kumtha Street, off Shahid Bhagat Singh Road, Office No.7, Ground Floor, Ballard Estate, Fort Mumbai G.P.O., Mumbai, MH, IND, 400001

Website

https://www.inm.net.in

Interiors & More Ltd is in the business of marketing, exporting, importing, processing, packing/repacking, arranging or otherwise dealing in any other manner in flowers, dried flowers, potpourri, handicrafts, dry arrangements, artificial flowers, all types of home & interior decorative items and related materials. The Company has only one reportable Business Segment which is engaged in business of manufacturing of artificial flower and interior decor items in India.