Trident Techlabs (NSE:TECHLABS) Accounts Receivable : ₹596.2 Mil (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Trident Techlabs Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Trident Techlabs's accounts receivables for the quarter that ended in Mar. 2024 was ₹596.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Trident Techlabs's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 149.84.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Trident Techlabs's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-3.40.

Trident Techlabs Accounts Receivable Historical Data

The historical data trend for Trident Techlabs'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.

Trident Techlabs Accounts Receivable Chart

Trident Techlabs Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

395.92

403.91

374.52

596.25

Trident Techlabs Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Accounts Receivable	395.92	403.91	374.52	596.25

Trident Techlabs Accounts Receivable Calculation

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

Trident Techlabs 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	596.249	/	726.206	*	91
=	149.84

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

Trident Techlabs'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)
=	(4.45	+	0.75 * 596.249	+	0.5 * 24.701	-	522.73
-	0	-	0)	/	17.281
=	-3.40

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.

Trident Techlabs Accounts Receivable Related Terms

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

Trident Techlabs Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Trident Techlabs Ltd (NSE:TECHLABS) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rani Jhansi Road, 1/18-20, 2nd floor, White House, New Delhi, IND, 110055

Website

https://www.tridenttechlabs.com

Trident Techlabs Ltd offers custom-built technology solutions to corporates in the aerospace, defense, automotive, telecom, semiconductor and power distribution sectors. It has two business verticals i.e. Engineering Solutions and Power System Solutions. Engineering Solutions portfolio consists of system-level electronics design, chip-level electronics design, embedded design, PCB designing, electromagnetic simulations and other products and services. Power Solutions portfolio of products and related services helps power distribution utilities that face new challenges due to the ever-changing nature of the industry and the increasing pressure on network reliability. The company operates in two segments; trading business, and consultancy business which generates the majority of the revenue.

Trident Techlabs Headlines

No Headlines