GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Lead Financial Services Ltd (BOM:531288) » Definitions » Accounts Receivable

Lead Financial Services (BOM:531288) Accounts Receivable : ₹0.35 Mil (As of Mar. 2024)


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

What is Lead Financial Services Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lead Financial Services's accounts receivables for the quarter that ended in Mar. 2024 was ₹0.35 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Lead Financial Services's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 19.90.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Lead Financial Services's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-11.72.


Lead Financial Services Accounts Receivable Historical Data

The historical data trend for Lead Financial Services'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.

Lead Financial Services Accounts Receivable Chart

Lead Financial Services 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 - - 41.71 14.81 0.35

Lead Financial Services 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 14.81 - 0.65 - 0.35

Lead Financial Services Accounts Receivable Calculation

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


Lead Financial Services 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.

Lead Financial Services's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.348/1.596*91
=19.90

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

Lead Financial Services'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)
=(6.474+0.75 * 0.348+0.5 * 0-45.42
-0-0)/3.3
=-11.72

* 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.


Lead Financial Services Accounts Receivable Related Terms

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


Lead Financial Services (BOM:531288) Business Description

Traded in Other Exchanges
N/A
Address
718/21 Joshi Road, 101, Sita Ram Mansion, Karol Bagh, New Delhi, IND, 110005
Lead Financial Services Ltd operates as an Indian non-banking financial company based in New Delhi. The company offers various types of loans to its customers. The company also offers financial services to its clients. It derives primary revenue from the interest income.

Lead Financial Services (BOM:531288) Headlines

No Headlines