Ksolves India (NSE:KSOLVES) Accounts Receivable : ₹161 Mil (As of Mar. 2024)

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What is Ksolves India Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ksolves India's accounts receivables for the quarter that ended in Mar. 2024 was ₹161 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ksolves India's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 48.11.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ksolves India's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹3.61.

Ksolves India Accounts Receivable Historical Data

The historical data trend for Ksolves India'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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Ksolves India Accounts Receivable Chart

Ksolves India Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

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36.43

92.57

151.30

160.54

Ksolves India Quarterly Data
	Mar18	Mar19	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														151.30	-	183.03	-	160.54

Ksolves India Accounts Receivable Calculation

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

Ksolves India 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	160.535	/	304.464	*	91
=	48.11

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

Ksolves India'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)
=	(79.671	+	0.75 * 160.535	+	0.5 * 0	-	157.244
-	0	-	0)	/	11.856
=	3.61

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.

Ksolves India Accounts Receivable Related Terms

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Ksolves India (NSE:KSOLVES) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Ksolves India Ltd (NSE:KSOLVES) » Definitions » Accounts Receivable

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543599:India

Address

Parexl, B-4, 1st Floor, B-Block, Sector 63, Noida, UP, IND, 201301

Website

https://www.ksolves.com

Ksolves India Ltd is a certified software service and product company offering solutions that enable client organizations to rapidly develop powerful applications addressing their business needs. This may include automation of routine business functions, making them faster, easier and more accurate and increasing the channels or devices through which these functions can be performed. It is engaged in software development, enterprise solutions and consulting, providing a range of Information Technology (IT) solutions to companies across sectors such as Real Estate, E-commerce, Finance, Telecom and Healthcare. It comprises single-segment software development services.

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