Richa Info Systems (NSE:RICHA) Accounts Receivable : ₹271.0 Mil (As of Mar. 2024)

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What is Richa Info Systems Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Richa Info Systems's accounts receivables for the quarter that ended in Mar. 2024 was ₹271.0 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. Richa Info Systems's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-17.08.

Richa Info Systems Accounts Receivable Historical Data

The historical data trend for Richa Info Systems'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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Richa Info Systems Accounts Receivable Chart

Richa Info Systems Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

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16.58

30.04

94.21

92.10

271.00

Richa Info Systems Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Mar24
Accounts Receivable	Get a 7-Day Free Trial			-	94.21	69.05	92.10	271.00

Richa Info Systems Accounts Receivable Calculation

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

Richa Info Systems 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.

Richa Info Systems's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	271.002	/	0	*	91
=

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

Richa Info Systems'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)
=	(12.897	+	0.75 * 271.002	+	0.5 * 89.536	-	302.419
-	0	-	0)	/	2.430
=	-17.08

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.

Richa Info Systems Accounts Receivable Related Terms

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Richa Info Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Richa Info Systems Ltd (NSE:RICHA) » Definitions » Accounts Receivable

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Address

Shop No. 101, Shalin Complex, Sector-11, Ghandhinagar, GJ, IND, 382010

Website

https://www.richainfosys.com

Richa Info Systems Ltd is engaged in the business of assembling of innovative products and systems Integrator of multifaceted solutions of products like Interactive Flat Panel, Interactive Boards, Digital Podium, Digital Kiosk, CCTV Cameras to customers in sectors like Government, PSUs, Education, Defense. The company provides a wide choice of innovative solutions, providing service to Government organizations across India through Government e-Marketplace.

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