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Fairfax India Holdings (TSX:FIH.U) Accounts Receivable : $0.0 Mil (As of Dec. 2023)


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What is Fairfax India Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Fairfax India Holdings's accounts receivables for the quarter that ended in Dec. 2023 was $0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Fairfax India Holdings'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. Fairfax India Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-5.08.


Fairfax India Holdings Accounts Receivable Historical Data

The historical data trend for Fairfax India Holdings'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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Fairfax India Holdings Accounts Receivable Chart

Fairfax India Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Fairfax India Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Fairfax India Holdings Accounts Receivable Calculation

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


Fairfax India Holdings 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.

Fairfax India Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/161.952*91
=0.00

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

Fairfax India Holdings'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)
=(174.615+0.75 * 0+0.5 * 0-736.761
-0-126.056)/135.399
=-5.08

* 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.


Fairfax India Holdings Accounts Receivable Related Terms

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Fairfax India Holdings (TSX:FIH.U) Business Description

Traded in Other Exchanges
Address
95 Wellington Street West, Suite 800, Toronto, ON, CAN, M5J 2N7
Fairfax India Holdings Corp is an investment holding company. The investment objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers, or business conducted in or dependent on India. The company operates through investing in the India segment and it earns income through the source of interest and dividends.

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