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Credo Brands Marketing (NSE:MUFTI) Accounts Receivable : ₹0 Mil (As of Dec. 2024)


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What is Credo Brands Marketing Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Credo Brands Marketing's accounts receivables for the quarter that ended in Dec. 2024 was ₹0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Credo Brands Marketing's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Credo Brands Marketing's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ₹N/A.


Credo Brands Marketing Accounts Receivable Historical Data

The historical data trend for Credo Brands Marketing'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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Credo Brands Marketing Accounts Receivable Chart

Credo Brands Marketing Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Accounts Receivable
1,224.24 1,235.87 1,373.10 2,122.41

Credo Brands Marketing Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 2,122.41 - 2,690.06 -

Credo Brands Marketing Accounts Receivable Calculation

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


Credo Brands Marketing 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.

Credo Brands Marketing's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/1555.16*91
=0.00

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

Credo Brands Marketing's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(0+0.75 * 0+0.5 * 0-N/A
-0-0)/65.191
=N/A

* 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.


Credo Brands Marketing Accounts Receivable Related Terms

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Credo Brands Marketing Business Description

Traded in Other Exchanges
Address
B-8, MIDC Central Road, Marol, Next to MIDC Police Station, Andheri East, Mumbai, MH, IND, 400093
Credo Brands Marketing Ltd is a homegrown brand in the mid-premium and premium men's casual wear market in India. The product offerings range from shirts to t-shirts to jeans to chinos, which cater to all year-round clothing. The Company is primarily engaged in the business of retailing of Men's casual wear under its Brand MUFTI. The company generates the majority of its revenue from the sale of its products.

Credo Brands Marketing Headlines

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