TBO Tek (NSE:TBOTEK) Accounts Receivable : ₹37,703 Mil (As of Sep. 2024)

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What is TBO Tek Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. TBO Tek's accounts receivables for the quarter that ended in Sep. 2024 was ₹37,703 Mil.

Accounts receivable can be measured by Days Sales Outstanding. TBO Tek's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 763.36.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. TBO Tek's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹-50.76.

TBO Tek Accounts Receivable Historical Data

The historical data trend for TBO Tek'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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TBO Tek Accounts Receivable Chart

TBO Tek Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

1,153.73

5,046.26

14,657.19

31,540.75

TBO Tek Quarterly Data
	Mar21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Accounts Receivable	Get a 7-Day Free Trial					-	24,696.77	31,540.75	-	37,703.01

TBO Tek Accounts Receivable Calculation

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

TBO Tek 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.

TBO Tek's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	37703.01	/	4506.92	*	91
=	763.36

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

TBO Tek's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=	(14497.08	+	0.75 * 37703.01	+	0.5 * 0	-	48163.84
-	0	-	0)	/	106.182
=	-50.76

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.

TBO Tek Accounts Receivable Related Terms

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TBO Tek Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » TBO Tek Ltd (NSE:TBOTEK) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

544174:India

Address

Udyog Vihar Phase- V, Plot No. 728, Gurgaon, HR, IND, 122016

Website

https://www.tbo.com

TBO Tek Ltd is a travel distribution platform. It is engaged in the business of operating an online technology platform (TBO Portal) providing its customers access to book global travel inventory aggregated through travel suppliers like airlines, hotels, cruises, car rentals, transfers, and rail services among others. Its customers include retail and API buyers such as travel agencies, independent travel advisors, and enterprise buyers including tour operators, travel management companies, online travel companies, super-apps, and loyalty apps. The company's business activities fall within two primary business segments; Air ticketing which generates maximum revenue, and Hotels and packages. Geographically, it derives maximum revenue from India and also has its presence outside India.

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