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Asian Star Co (BOM:531847) Accounts Receivable : ₹10,866 Mil (As of Mar. 2024)


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What is Asian Star Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Asian Star Co's accounts receivables for the quarter that ended in Mar. 2024 was ₹10,866 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Asian Star Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 100.53.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Asian Star Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹281.00.


Asian Star Co Accounts Receivable Historical Data

The historical data trend for Asian Star Co'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.

Asian Star Co Accounts Receivable Chart

Asian Star Co 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 6,671.14 8,064.45 10,480.15 10,493.67 10,866.24

Asian Star Co 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 10,493.67 - 10,676.17 - 10,866.24

Asian Star Co Accounts Receivable Calculation

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


Asian Star Co 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.

Asian Star Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=10866.237/9863.396*91
=100.53

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

Asian Star Co'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)
=(3781.686+0.75 * 10866.237+0.5 * 9207.205-12037.086
-0-0)/16.0068
=281.00

* 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.


Asian Star Co Accounts Receivable Related Terms

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Asian Star Co (BOM:531847) Business Description

Traded in Other Exchanges
N/A
Address
114 - C, Mittal Court, Nariman Point, Mumbai, MH, IND, 400 021
Asian Star Co Ltd operates in the jewelry business. Their key product line includes Loose Polished, Diamond Jewellery, Diamond Jewellery Retailing, and Power. Geographically The company operates across the USA, Europe, Asia, and South-East Asia. The Company operates in two business segments namely Diamonds and Jewellery. It generates the maximum amount of revenue from the sales of Polished Diamonds. Their mode of sales is an offline channel and the company caters maximum to HNI customers.

Asian Star Co (BOM:531847) Headlines

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