Wise Travel India (NSE:WTICAB) Accounts Receivable : ₹1,096 Mil (As of Sep. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Wise Travel India Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Wise Travel India's accounts receivables for the quarter that ended in Sep. 2024 was ₹1,096 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Wise Travel India's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 82.13.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Wise Travel India's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ₹13.41.

Wise Travel India Accounts Receivable Historical Data

The historical data trend for Wise Travel India'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.

Wise Travel India Accounts Receivable Chart

Wise Travel India Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

132.75

280.35

591.82

856.96

Wise Travel India Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Accounts Receivable	Get a 7-Day Free Trial			280.35	591.82	773.84	856.96	1,096.43

Wise Travel India Accounts Receivable Calculation

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

Wise Travel India 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.

Wise Travel India's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1096.425	/	2436.414	*	91
=	82.13

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

Wise Travel India'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)
=	(821.918	+	0.75 * 1096.425	+	0.5 * 0	-	1355.812
-	0	-	0.068)	/	21.506
=	13.41

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.

Wise Travel India Accounts Receivable Related Terms

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

Wise Travel India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Wise Travel India Ltd (NSE:WTICAB) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

D-21, Corporate Park, 3rd Floor, Near Sector-8 Metro Station, Sector-21, Dwarka, GJ, IND, 110075

Website

https://www.wticabs.com

Wise Travel India Ltd is a transportation service provider company. It offers services like Car Rental Services, Employee Transportation Services, End-to-End Employee Transport Solutions (MSP), Flexible Fixed/Monthly Rental Plans, Convenient Airport Counters, Fleet Management Services, Mobility Services for MICE, Cutting-Edge Mobility Tech Solutions, Sustainable Mobility, etc.

Wise Travel India Headlines

No Headlines