Happy Square Outsourcing Services (NSE:WHITEFORCE) Accounts Receivable: ₹425 Mil (As of Mar. 2026)

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NSE:WHITEFORCE Happy Square Outsourcing Services Ltd NSE:WHITEFORCE
18 GF Score
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What is Happy Square Outsourcing Services Accounts Receivable?

Happy Square Outsourcing Services NSE:WHITEFORCE 18 Accounts Receivable is ₹425 Mil as of Mar. 2026. GuruFocus rates NSE:WHITEFORCE with a GF Score™ of 18/100. The stock has 5 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Happy Square Outsourcing Services's accounts receivables for the quarter that ended in Mar. 2026 was ₹425 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Happy Square Outsourcing Services's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 117.74.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Happy Square Outsourcing Services's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ₹16.76.


Happy Square Outsourcing Services 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.

Happy Square Outsourcing Services's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=424.753/658.366*91
=117.74

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

Happy Square Outsourcing Services's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 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)
=(67.57+0.75 * 424.753+0.5 * 0-191.665
-0-0)/11.600
=16.76

* 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.


Happy Square Outsourcing Services Accounts Receivable Related Terms


Happy Square Outsourcing Services Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Happy Square Outsourcing Services'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.

Happy Square Outsourcing Services Accounts Receivable Chart

Happy Square Outsourcing Services Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Accounts Receivable
76.22 151.71 228.61 424.75

Happy Square Outsourcing Services Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Accounts Receivable Get a 7-Day Free Trial 151.71 0.00 228.61 255.82 424.75
NSE:WHITEFORCE
18GF Score
Happy Square Outsourcing Services Ltd NSE:WHITEFORCE
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Happy Square Outsourcing Services Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of ₹425 Mil mean?
Happy Square Outsourcing Services (NSE:WHITEFORCE) has a Accounts Receivable of ₹425 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Happy Square Outsourcing Services and its competitors.
Is Happy Square Outsourcing Services' Accounts Receivable too high?
Happy Square Outsourcing Services' current Accounts Receivable is ₹425 Mil. Overall, Happy Square Outsourcing Services has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Happy Square Outsourcing Services' Accounts Receivable compare to KFY and RHI?
Happy Square Outsourcing Services' Accounts Receivable of ₹425 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Business Services company?
A good Accounts Receivable depends on the Business Services industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Happy Square Outsourcing Services and its competitors. Happy Square Outsourcing Services's current Accounts Receivable is ₹425 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happy Square Outsourcing Services stock overvalued right now?
Happy Square Outsourcing Services (NSE:WHITEFORCE) has a current Accounts Receivable of ₹425 Mil. The current Accounts Receivable is ₹425 Mil. Happy Square Outsourcing Services' overall GF Score™ is 18/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Happy Square Outsourcing Services (NSE:WHITEFORCE), the current Accounts Receivable is ₹425 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Happy Square Outsourcing Services Business Description

Address Nagpur Road, Rajpal Tower 240, Madan Mahal, Jabalpur, MP, IND, 482008
Happy Square Outsourcing Services Ltd is a technology-based consulting firm, involved in tech-based human resource outsourcing business, which focuses on end-to-end solutions. It offers a wide array of services such as Recruitment, Payroll, Onboarding, and flexible staffing. Its comprehensive network, structured processes, professionalism, and work ethics ensure that the company remains at the top on the domestic scale. The company satisfies firms' staffing and recruitment needs in India through its specialized, rich knowledge.
18GF Score

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