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Gold Line International Finvest (BOM:538180) Accounts Receivable : ₹17.66 Mil (As of Sep. 2023)


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What is Gold Line International Finvest Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gold Line International Finvest's accounts receivables for the quarter that ended in Sep. 2023 was ₹17.66 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Gold Line International Finvest's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 705.71.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Gold Line International Finvest's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹-0.16.


Gold Line International Finvest Accounts Receivable Historical Data

The historical data trend for Gold Line International Finvest'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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Gold Line International Finvest Accounts Receivable Chart

Gold Line International Finvest Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.98 44.69 40.85 38.97 18.86

Gold Line International Finvest Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 - 18.86 - - 17.66

Gold Line International Finvest Accounts Receivable Calculation

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


Gold Line International Finvest 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.

Gold Line International Finvest's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=17.664/2.284*91
=705.71

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

Gold Line International Finvest'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)
=(7.764+0.75 * 17.664+0.5 * 0-103.52
-0-0)/520.968
=-0.16

* 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.


Gold Line International Finvest Accounts Receivable Related Terms

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Gold Line International Finvest (BOM:538180) Business Description

Traded in Other Exchanges
N/A
Address
Office No. 203, MB-156 2nd Floor, Opp Madhuban Park, Delhi, IND, 110092
Gold Line International Finvest Ltd is an Indian investment company. Its core business is to provide margin funding for the purchase of securities loans against shares and property, and financial advisory services. The company is engaged in providing various financial solutions such as advance loans against listed shares, securities and properties, corporate loans, personal loans, trading in shares and securities, trade financing, bill discounting, and others. Also, the company provides working capital loans to small businesses such as cash advances to help to meet financial requirements. It provides its services to the commercial, industrial, and financial communities.

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