GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Elnet Technologies Ltd (BOM:517477) » Definitions » Accounts Receivable

Elnet Technologies (BOM:517477) Accounts Receivable : ₹25.3 Mil (As of Mar. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Elnet Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Elnet Technologies's accounts receivables for the quarter that ended in Mar. 2024 was ₹25.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Elnet Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 39.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Elnet Technologies's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹246.37.


Elnet Technologies Accounts Receivable Historical Data

The historical data trend for Elnet Technologies'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.

Elnet Technologies Accounts Receivable Chart

Elnet Technologies 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 19.07 30.87 20.50 24.20 25.29

Elnet Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - 24.20 - - 25.29

Elnet Technologies Accounts Receivable Calculation

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


Elnet Technologies 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=25.287/58.911*91
=39.17

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

Elnet Technologies'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)
=(1163.66+0.75 * 25.287+0.5 * 0-197.127
-0-0)/4.00001
=246.37

* 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.


Elnet Technologies Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Elnet Technologies's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Elnet Technologies (BOM:517477) Business Description

Traded in Other Exchanges
N/A
Address
Rajiv Gandhi Salai, Elnet Software City, TS 140, Block Number 2 and 9, Taramani, Chennai, TN, IND, 600 113
Elnet Technologies Ltd is engaged in providing infrastructure to Software and Business Process Outsourcing Industries. It also provides renting of office space. The company operates in developing and managing Software Technology Park in India. In addition, the firm provides infrastructure for the information technology (IT) and IT-enabled service (ITES) industry. It operates in the segment of Developing and maintaining integrated software technology parks. Geographically, the group has a business presence in India.

Elnet Technologies (BOM:517477) Headlines

No Headlines