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Prism Finance (BOM:531735) Accounts Receivable : ₹0.00 Mil (As of Dec. 2023)


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What is Prism Finance Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Prism Finance's accounts receivables for the quarter that ended in Dec. 2023 was ₹0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Prism Finance's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Prism Finance's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ₹N/A.


Prism Finance Accounts Receivable Historical Data

The historical data trend for Prism Finance'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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Prism Finance Accounts Receivable Chart

Prism Finance Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
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Prism Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Prism Finance Accounts Receivable Calculation

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


Prism Finance 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.

Prism Finance's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/1.139*91
=0.00

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

Prism Finance's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(0+0.75 * 0+0.5 * 0-N/A
-0-0)/6.5003
=N/A

* 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.


Prism Finance Accounts Receivable Related Terms

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Prism Finance (BOM:531735) Business Description

Traded in Other Exchanges
N/A
Address
Satellite Road, 301, Iscon Mall, Above Star India Bazar, Ahmedabad, GJ, IND, 380 015
Prism Finance Ltd is an Indian Non-Banking Financial Company that is engaged in the business of financial services. It provides loans, advances, leases, bill discounting, higher purchases, and another form of finance. The company also makes an investment in shares and securities, trading as well as dealing in shares and securities. The company conducts all of its operations within India.

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