GURUFOCUS.COM » STOCK LIST » Technology » Software » Tech Mahindra Ltd (BOM:532755) » Definitions » Accounts Receivable

Tech Mahindra (BOM:532755) Accounts Receivable : ₹71,256 Mil (As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Tech Mahindra Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tech Mahindra's accounts receivables for the quarter that ended in Mar. 2024 was ₹71,256 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Tech Mahindra's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 50.52.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tech Mahindra's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-35.26.


Tech Mahindra Accounts Receivable Historical Data

The historical data trend for Tech Mahindra'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.

Tech Mahindra Accounts Receivable Chart

Tech Mahindra 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 75,772.00 90,317.00 119,334.00 128,816.00 71,256.00

Tech Mahindra 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 128,816.00 - 73,429.00 - 71,256.00

Tech Mahindra Accounts Receivable Calculation

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


Tech Mahindra 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=71256/128713*91
=50.52

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

Tech Mahindra'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)
=(79468+0.75 * 71256+0.5 * 375-162768
-0-4774)/976.759
=-35.26

* 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.


Tech Mahindra Accounts Receivable Related Terms

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


Tech Mahindra (BOM:532755) Business Description

Traded in Other Exchanges
Address
Plot No. 1, Phase III, Rajiv Gandhi Infotech Park, Hinjewadi, Pune, MH, IND, 411 057
Tech Mahindra Ltd is an IT services and consulting company in India. It offers a variety of technology solutions and services in addition to business process services. Its segments are Information Technology and Business Processing Outsourcing. The technology solutions include helping companies engage in cloud software, mobile solutions, network services, cybersecurity, and a variety of other options. The business process service is offered across various industries including telecom, financial services, retail, energy, hospitality, high-tech, agriculture, and food beverage. The company's approach includes cost reduction, process optimization, and ownership through automation and productivity improvements. Tech Mahindra generates approximately half of its revenue from the United States.

Tech Mahindra (BOM:532755) Headlines

No Headlines