PB Fintech (BOM:543390) Accounts Receivable : ₹6,505 Mil (As of Mar. 2024)

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What is PB Fintech Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PB Fintech's accounts receivables for the quarter that ended in Mar. 2024 was ₹6,505 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PB Fintech's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 54.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PB Fintech's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹83.52.

PB Fintech Accounts Receivable Historical Data

The historical data trend for PB Fintech'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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PB Fintech Accounts Receivable Chart

PB Fintech Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

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1,787.71

1,729.03

3,608.73

6,773.09

6,505.20

PB Fintech Quarterly Data
	Mar19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial												6,773.09	-	6,197.25	-	6,505.20

PB Fintech Accounts Receivable Calculation

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

PB Fintech 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	6505.2	/	10895.747	*	91
=	54.48

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

PB Fintech'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)
=	(41159.3	+	0.75 * 6505.2	+	0.5 * 0	-	8520.4
-	0	-	54.4)	/	448.562
=	83.52

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.

PB Fintech Accounts Receivable Related Terms

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PB Fintech (BOM:543390) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » PB Fintech Ltd (BOM:543390) » Definitions » Accounts Receivable

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POLICYBZR:India

Address

Plot No. 119, Sector 44, Gurgaon, HR, IND, 122 001

Website

https://www.pbfintech.in

PB Fintech Ltd is an online platform for insurance and lending products. The company provides convenient access to insurance, credit, and other financial products and aims to create awareness in India about the financial impact of death, disease, and damage. The group earns its entire revenue within India only. The company has two operating segments Insurance services segment and the Other services segment. The company generates the majority of its revenue from the Other services segment, which consists of online marketing, consulting and support services provided largely to the financial service industry. The Insurance services segment consists of Insurance Broker services provided by the Group.

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