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Libas Consumer Products (NSE:LIBAS) Accounts Receivable : ₹405.0 Mil (As of Sep. 2023)


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What is Libas Consumer Products Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Libas Consumer Products's accounts receivables for the quarter that ended in Sep. 2023 was ₹405.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Libas Consumer Products's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 233.58.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Libas Consumer Products's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹12.45.


Libas Consumer Products Accounts Receivable Historical Data

The historical data trend for Libas Consumer Products'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.

Libas Consumer Products Accounts Receivable Chart

Libas Consumer Products Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 179.63 164.74 237.29 234.54 291.31

Libas Consumer Products Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 222.82 - 291.31 - 405.02

Libas Consumer Products Accounts Receivable Calculation

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


Libas Consumer Products 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.

Libas Consumer Products's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=405.02/158.223*91
=233.58

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

Libas Consumer Products's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 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)
=(148.198+0.75 * 405.02+0.5 * 316.342-326.161
-0-0)/22.803
=12.45

* 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.


Libas Consumer Products Accounts Receivable Related Terms

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Libas Consumer Products (NSE:LIBAS) Business Description

Traded in Other Exchanges
N/A
Address
Off New Link Road, Lokhanwala Complex, 401, 4th Floor, Crescent Royale, Andheri (West), Mumbai, MH, IND, 400053
Libas Consumer Products Ltd is an Indian firm engaged in the business of manufacturing apparel. The company offers clothing for men and women which includes shirts, trousers, blazers, jackets, suits, sarees, among others. The business operates in a single segment being manufacturing and dealing in textiles. It derives revenue from the domestic sale of goods.

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