GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Apeejay Surrendra Park Hotels Ltd (NSE:PARKHOTELS) » Definitions » Accounts Receivable

Apeejay Surrendra Park Hotels (NSE:PARKHOTELS) Accounts Receivable : ₹313 Mil (As of Sep. 2023)


View and export this data going back to 2024. Start your Free Trial

What is Apeejay Surrendra Park Hotels Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Apeejay Surrendra Park Hotels's accounts receivables for the quarter that ended in Sep. 2023 was ₹313 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. Apeejay Surrendra Park Hotels's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹-35.38.

Apeejay Surrendra Park Hotels Accounts Receivable Historical Data

The historical data trend for Apeejay Surrendra Park Hotels'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.

Apeejay Surrendra Park Hotels Accounts Receivable Chart

Apeejay Surrendra Park Hotels Annual Data
Trend Mar21 Mar22 Mar23
Accounts Receivable
195.40 190.20 261.00

Apeejay Surrendra Park Hotels Quarterly Data
Mar21 Mar22 Sep22 Mar23 Sep23
Accounts Receivable 195.40 190.20 - 261.00 312.80

Apeejay Surrendra Park Hotels Accounts Receivable Calculation

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

Apeejay Surrendra Park Hotels 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.

Apeejay Surrendra Park Hotels's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=312.8/0*91
=

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

Apeejay Surrendra Park Hotels'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)
=(188.17+0.75 * 312.8+0.5 * 129.7-8040.23
-0--2.24)/213.402
=-35.38

* 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.

Apeejay Surrendra Park Hotels Accounts Receivable Related Terms

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

Apeejay Surrendra Park Hotels (NSE:PARKHOTELS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Apeejay Surrendra Park Hotels Ltd (NSE:PARKHOTELS) » Definitions » Accounts Receivable
Comparable Companies
Traded in Other Exchanges
544111:India
Address
N80, Connaught Place, New Delhi, IND, 110001
Website
https://www.theparkhotels.com
Apeejay Surrendra Park Hotels Ltd is engaged in hotel business. It operate hotels under following four brands, namely "THE PARK, "THE PARK Collection", "Zone by The Park", "Zone Connect by The Park" and have recently launched economy motel brand, "Stop by Zone".

Apeejay Surrendra Park Hotels (NSE:PARKHOTELS) Headlines

No Headlines