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Sapphire Foods India (BOM:543397) Accounts Receivable : ₹344 Mil (As of Mar. 2024)


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What is Sapphire Foods India Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sapphire Foods India's accounts receivables for the quarter that ended in Mar. 2024 was ₹344 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sapphire Foods India's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 4.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sapphire Foods India's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-190.21.


Sapphire Foods India Accounts Receivable Historical Data

The historical data trend for Sapphire Foods India'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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Sapphire Foods India Accounts Receivable Chart

Sapphire Foods India Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial 46.05 77.75 140.71 179.49 343.84

Sapphire Foods India Quarterly Data
Mar19 Mar20 Jun20 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 179.49 - 285.38 - 343.84

Sapphire Foods India Accounts Receivable Calculation

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


Sapphire Foods India 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.

Sapphire Foods India's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=343.84/6316.95*91
=4.97

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

Sapphire Foods India'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)
=(2150.07+0.75 * 343.84+0.5 * 968.82-15002.69
-0-6.71)/63.7044
=-190.21

* 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.


Sapphire Foods India Accounts Receivable Related Terms

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Sapphire Foods India (BOM:543397) Business Description

Traded in Other Exchanges
Address
Mindspace, Link Road, 702, Prism Tower, A Wing, Goregaon (West), Mumbai, MH, IND, 400 062
Sapphire Foods India Ltd is the largest franchisee of Yum! Brands in the Indian subcontinent, with a track record of successfully operating more than 400 KFC, Pizza Hut, and Taco Bell restaurants across India, Sri Lanka, and the Maldives. Its business activity primarily falls within a single business and geographical segment which is Food and Beverages.

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