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Wealth First Portfolio Managers (NSE:WEALTH) Accounts Receivable : ₹0 Mil (As of Dec. 2023)


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What is Wealth First Portfolio Managers Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Wealth First Portfolio Managers's accounts receivables for the quarter that ended in Dec. 2023 was ₹0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Wealth First Portfolio Managers's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Wealth First Portfolio Managers's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₹N/A.


Wealth First Portfolio Managers Accounts Receivable Historical Data

The historical data trend for Wealth First Portfolio Managers'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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Wealth First Portfolio Managers Accounts Receivable Chart

Wealth First Portfolio Managers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 26.08 12.32 15.38 33.54 33.59

Wealth First Portfolio Managers Quarterly Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 33.59 - 28.78 -

Wealth First Portfolio Managers Accounts Receivable Calculation

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


Wealth First Portfolio Managers 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.

Wealth First Portfolio Managers's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/2379.953*91
=0.00

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

Wealth First Portfolio Managers's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(0+0.75 * 0+0.5 * 0-N/A
-0-0)/10.655
=N/A

* 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.


Wealth First Portfolio Managers Accounts Receivable Related Terms

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Wealth First Portfolio Managers (NSE:WEALTH) Business Description

Traded in Other Exchanges
N/A
Address
Near Prahaladnagar Garden, Off S.G. Highway, Capitol House, 10 Paras-II, Anandnagar, Near Campus Corner, Ahmedabad, GJ, IND, 380015
Wealth First Portfolio Managers Ltd is a financial service provider for various types of financial products available in the Indian market. The company offers research for products that deliver compatible performance in terms of yield. The product portfolio of the company consists of government bonds and securities, direct equity, cash management services, derivative products, mutual funds, insurance products, commodities, and market-making services. The mutual fund brokerage generates maximum revenue for the company. It offers its services only to the Indian market.

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