3i Infotech (BOM:532628) Accounts Receivable : ₹1,568 Mil (As of Mar. 2024)

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What is 3i Infotech Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. 3i Infotech's accounts receivables for the quarter that ended in Mar. 2024 was ₹1,568 Mil.

Accounts receivable can be measured by Days Sales Outstanding. 3i Infotech's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 72.63.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. 3i Infotech's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-7.46.

3i Infotech Accounts Receivable Historical Data

The historical data trend for 3i Infotech'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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3i Infotech Accounts Receivable Chart

3i Infotech Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

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1,917.20

882.60

937.10

1,221.70

1,568.30

3i Infotech 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															1,221.70	-	1,157.00	-	1,568.30

3i Infotech Accounts Receivable Calculation

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

3i Infotech 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.

3i Infotech's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1568.3	/	1970.4	*	91
=	72.63

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), 3i Infotech's accounts receivable are only considered to be worth 75% of book value:

3i Infotech'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)
=	(1269.2	+	0.75 * 1568.3	+	0.5 * 0	-	3705.5
-	0	-	0)	/	168.88
=	-7.46

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.

3i Infotech Accounts Receivable Related Terms

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3i Infotech (BOM:532628) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » 3i Infotech Ltd (BOM:532628) » Definitions » Accounts Receivable

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3IINFOLTD:India

Address

International Infotech Park, Tower No. 5, 3rd to 6th Floors, Vashi, Navi Mumbai, MH, IND, 400703

Website

https://www.3i-infotech.com

3i Infotech Ltd is an information technology company. It provides a set of Internet protocol (IP)-based software solutions with a range of IT services. The firm operates through two segments: IT Solutions and Transaction Services. The IT Solutions segment includes the sale of IT products developed by the company and provides IT services to various companies on an outsourcing business model. It includes packaged applications for the banking, insurance, capital markets, asset and wealth management (BFSI) space, and an enterprise resource planning (ERP) suite. The Transaction Services segment covers the management of back-office operations for BFSI clients. Through transaction service offerings, the firm provides clients with services, such as human resources and payroll management services.

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