GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Crest Ventures Ltd (BOM:511413) » Definitions » Accounts Receivable

Crest Ventures (BOM:511413) Accounts Receivable : ₹38 Mil (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Crest Ventures Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Crest Ventures's accounts receivables for the quarter that ended in Mar. 2024 was ₹38 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Crest Ventures's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 8.81.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Crest Ventures's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-41.26.


Crest Ventures Accounts Receivable Historical Data

The historical data trend for Crest Ventures'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.

Crest Ventures Accounts Receivable Chart

Crest Ventures Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.95 38.79 45.28 67.50 38.46

Crest Ventures Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 67.50 - 47.42 - 38.46

Crest Ventures Accounts Receivable Calculation

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


Crest Ventures 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=38.46/398.41*91
=8.81

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

Crest Ventures'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)
=(1035.897+0.75 * 38.46+0.5 * 868.364-2360.139
-0-302.212)/28.1968
=-41.26

* 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.


Crest Ventures Accounts Receivable Related Terms

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


Crest Ventures (BOM:511413) Business Description

Traded in Other Exchanges
Address
111, Maker Chambers IV, Nariman Point, 11th Floor, Mumbai, MH, IND, 400021
Crest Ventures Ltd is a non-banking finance company. Its operating segment includes Broking and intermediary activities; Real estate and related activities; Investing and financial activities and Others. Broking and intermediary services includes broking and related intermediary services in the wholesale debt market, foreign exchange markets, options and swaps, mutual fund and portfolio management services. Investing and financial services of the group includes investing in subsidiary, associates , joint ventures and other entities, dealing in fixed income securities market and advancing of inter-corporate loans.

Crest Ventures (BOM:511413) Headlines

No Headlines