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Goblin India (BOM:542850) Accounts Receivable : ₹319.2 Mil (As of Sep. 2023)


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What is Goblin India Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Goblin India's accounts receivables for the quarter that ended in Sep. 2023 was ₹319.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Goblin India's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 264.62.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Goblin India's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹-2.80.


Goblin India Accounts Receivable Historical Data

The historical data trend for Goblin 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.

Goblin India Accounts Receivable Chart

Goblin India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial 156.06 190.97 242.27 202.39 302.94

Goblin India Semi-Annual Data
Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 225.19 202.39 250.10 302.94 319.25

Goblin India Accounts Receivable Calculation

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


Goblin 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.

Goblin India's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=319.249/220.178*91
=264.62

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

Goblin India'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)
=(1.884+0.75 * 319.249+0.5 * 178.828-369.489
-0-0)/13.8189
=-2.80

* 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.


Goblin India Accounts Receivable Related Terms

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Goblin India (BOM:542850) Business Description

Traded in Other Exchanges
N/A
Address
Stadium Commercial Road, Camex House, 1st Floor, Navrangpura, Ahmedabad, GJ, IND, 380009
Goblin India Ltd is engaged in manufacturing of traveling gear solutions. The company offers a variety of Travelling Gears including Hard Luggage, Soft Luggage and other accessories like wallets, purses, travel neck pillow. Geographically, operating in India. The company is operating only one business segment of trading in luggage bags, travel accessories and corporate gifts.

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