Osel Devices (NSE:OSELDEVICE) Accounts Receivable : ₹265.5 Mil (As of Mar. 2024)

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What is Osel Devices Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Osel Devices's accounts receivables for the quarter that ended in Mar. 2024 was ₹265.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Osel Devices's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 92.60.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Osel Devices's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-22.26.

Osel Devices Accounts Receivable Historical Data

The historical data trend for Osel Devices'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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Osel Devices Accounts Receivable Chart

Osel Devices Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

70.19

113.04

128.34

265.54

Osel Devices Quarterly Data
	Mar21	Mar22	Mar23	Dec23	Mar24
Accounts Receivable	70.19	113.04	128.34	424.88	265.54

Osel Devices Accounts Receivable Calculation

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

Osel Devices 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	265.543	/	261.679	*	91
=	92.60

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

Osel Devices'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)
=	(47.741	+	0.75 * 265.543	+	0.5 * 254.033	-	732.999
-	0	-	0)	/	16.1292
=	-22.26

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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Osel Devices Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Osel Devices Ltd (NSE:OSELDEVICE) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

Plot No. 3, Sector Knowledge Park- III, Signature Tower First Floor, Sector 34, Gautam Buddha Nagar, Greater Noida, UP, IND, 201308

Website

Osel Devcies Ltd manufactures a comprehensive range of LED display systems and hearing aids. The company manufactures a comprehensive range of LED display systems including all major components for commercial use such as advertising media, billboards, corporate boardrooms, presentations, display promotions, command centers, and front signs. It also manufactures hearing aids, commonly known as health aids, to assist people with disabilities, the elderly, and the chronically ill who have low hearing levels. The company's main customer for hearing aids is the Artificial Limbs Manufacturing Corporation of India. Osel Devcies Generates the majority of revenue from Hearing Aids.

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