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SMS Lifesciences India (BOM:540679) Accounts Receivable : ₹514 Mil (As of Mar. 2024)


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What is SMS Lifesciences India Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SMS Lifesciences India's accounts receivables for the quarter that ended in Mar. 2024 was ₹514 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SMS Lifesciences India's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 52.07.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SMS Lifesciences India's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-440.23.


SMS Lifesciences India Accounts Receivable Historical Data

The historical data trend for SMS Lifesciences India'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.

SMS Lifesciences India Accounts Receivable Chart

SMS Lifesciences India Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 216.08 341.50 338.32 460.61 513.51

SMS Lifesciences India 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 460.61 - 468.91 - 513.51

SMS Lifesciences India Accounts Receivable Calculation

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


SMS Lifesciences India 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.

SMS Lifesciences India's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=513.505/899.915*91
=52.07

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

SMS Lifesciences India'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)
=(14.925+0.75 * 513.505+0.5 * 812.104-1968.827
-0-168.224)/3.02329
=-440.23

* 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.


SMS Lifesciences India Accounts Receivable Related Terms

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SMS Lifesciences India (BOM:540679) Business Description

Traded in Other Exchanges
Address
Road Number 71, Plot Number 19 - III, Opposite Bharatiya Vidya Bhavan Public School, Jubilee Hills, Hyderabad, TG, IND, 500096
SMS Lifesciences India Ltd is engaged in the Business of manufacturing of Active Pharmaceutical Ingredients (APIs) and its intermediates and sells its products in India as well as exports. The group sells its products in India and also exports it to other countries. Some of its API products are used in therapy as an Antiulcer, Antifungal, and Erectile Dysfunction.

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