Pace E Commerce Ventures (BOM:543637) Accounts Receivable : ₹10.8 Mil (As of Mar. 2024)

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What is Pace E Commerce Ventures Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pace E Commerce Ventures's accounts receivables for the quarter that ended in Mar. 2024 was ₹10.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Pace E Commerce Ventures's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 6.67.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pace E Commerce Ventures's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹1.68.

Pace E Commerce Ventures Accounts Receivable Historical Data

The historical data trend for Pace E Commerce Ventures'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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Pace E Commerce Ventures Accounts Receivable Chart

Pace E Commerce Ventures Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

3.72

5.37

28.11

84.61

10.82

Pace E Commerce Ventures Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Accounts Receivable	Get a 7-Day Free Trial			28.11	-	84.61	72.92	10.82

Pace E Commerce Ventures Accounts Receivable Calculation

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

Pace E Commerce Ventures 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.

Pace E Commerce Ventures's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	10.816	/	295.905	*	91
=	6.67

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

Pace E Commerce Ventures'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)
=	(89.443	+	0.75 * 10.816	+	0.5 * 93.597	-	106.505
-	0	-	0)	/	22.5335
=	1.68

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.

Pace E Commerce Ventures Accounts Receivable Related Terms

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Pace E Commerce Ventures (BOM:543637) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Pace E Commerce Ventures Ltd (BOM:543637) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shahibaug, Office no.423, 4th Floor, „C? Block, Sumel -11, Opposite Namaste Circle, Ahmedabad, GJ, IND, 380004

Website

https://www.cotandcandy.com

Pace E Commerce Ventures Ltd offers children's furniture, bedding, housewares and essentials. The company's product portfolio includes Beds and Cribs, Seating and Lounging, Storage and Organisers, Playroom Furniture, Bins and Baskets, Décor and Accessories, Kids Bedding, Baby Bedding, Baby and Kids Essentials, Dinning Essentials and Homeware, Sports Ride Ons and Outdoor, Art and Craft, Games and Puzzles, Scooters and Ride Ons, Dolls Action figures and soft toys.

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