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Dharani Finance (BOM:511451) Accounts Receivable : ₹1.54 Mil (As of Mar. 2024)


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What is Dharani Finance Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Dharani Finance's accounts receivables for the quarter that ended in Mar. 2024 was ₹1.54 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Dharani Finance's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-0.85.


Dharani Finance Accounts Receivable Historical Data

The historical data trend for Dharani Finance'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.

Dharani Finance Accounts Receivable Chart

Dharani Finance 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 11.92 12.52 12.71 12.50 1.54

Dharani Finance 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 12.50 - 12.71 - 1.54

Dharani Finance Accounts Receivable Calculation

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


Dharani Finance 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.535/-0.837*91
=

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

Dharani Finance'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)
=(0.158+0.75 * 1.535+0.5 * 0-5.552
-0-0)/4.9944
=-0.85

* 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.


Dharani Finance Accounts Receivable Related Terms

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Dharani Finance (BOM:511451) Business Description

Traded in Other Exchanges
N/A
Address
New No.59 (Old No. 57) Sterling Road, PGP House, Nungambakkam, Chennai, TN, IND, 600034
Dharani Finance Ltd operates as a non-banking finance company in India. The main activities of the company are to carry on the business of hire purchase, leasing of machinery and other equipment, financing industrial enterprises, undertaking the business of financial operations of all kinds, dealing in foreign exchange, providing financial services like investment planning, tax planning, consultancy and much more. In addition, it also acts as a tour agent, carries on the import and export of merchandise, functions as a forwarding agent, freight contractor, warehousing, and many more. The company's operating segments include Financial Services and Travel Services. The majority of its revenue is generated from the Financial Services segment.

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