GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Marvel Decor Ltd (NSE:MDL) » Definitions » Accounts Receivable

Marvel Decor (NSE:MDL) Accounts Receivable : ₹94.2 Mil (As of Sep. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Marvel Decor Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Marvel Decor's accounts receivables for the quarter that ended in Sep. 2023 was ₹94.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Marvel Decor's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 65.59.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Marvel Decor's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹2.77.


Marvel Decor Accounts Receivable Historical Data

The historical data trend for Marvel Decor'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.

Marvel Decor Accounts Receivable Chart

Marvel Decor Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.47 61.97 53.67 56.07 80.43

Marvel Decor Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 44.98 56.07 73.97 80.43 94.17

Marvel Decor Accounts Receivable Calculation

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


Marvel Decor 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=94.17/262.028*91
=65.59

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

Marvel Decor'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)
=(12.841+0.75 * 94.17+0.5 * 424.877-248.97
-0-0)/16.974
=2.77

* 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.


Marvel Decor Accounts Receivable Related Terms

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


Marvel Decor (NSE:MDL) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 210-211, GIDC Phase II, Dared, Jamnagar, GJ, IND, 361004
Marvel Decor Ltd is an Indian-based company that engages in the manufacture of window blinds. It is engaged in the manufacturing and sale of window covering products like blinds, curtain rods, and tracks. It specializes in Roller blinds, Roman blinds, Luzon blinds, Grayson blinds, Eton blinds, Patricia blinds, Aric blinds, Colby blinds, Meliso blinds, Vertical blinds, Bamboo blinds, Wooden Venetian blinds, among others. The Company' business is geographically segmented covers the following countries such as UK, UAE, USA, Canada, Malta, Ireland, Australia, Ghana, New Zealand, Mexico, Nigeria, Kenya, Israel, etc.

Marvel Decor (NSE:MDL) Headlines

No Headlines