Tata Technologies (BOM:544028) Accounts Receivable : ₹9,671 Mil (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Tata Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Tata Technologies's accounts receivables for the quarter that ended in Mar. 2024 was ₹9,671 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Tata Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 68.04.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tata Technologies's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₹-16.50.

Tata Technologies Accounts Receivable Historical Data

The historical data trend for Tata Technologies'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.

Tata Technologies Accounts Receivable Chart

Tata Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Accounts Receivable

6,250.65

4,534.47

6,472.86

9,517.50

9,671.10

Tata Technologies Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial					9,490.31	9,517.50	10,134.13	-	9,671.10

Tata Technologies Accounts Receivable Calculation

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

Tata Technologies 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	9671.1	/	12970.6	*	91
=	68.04

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

Tata Technologies'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)
=	(9628.6	+	0.75 * 9671.1	+	0.5 * 0	-	23575
-	0	-	0)	/	405.669
=	-16.50

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.

Tata Technologies Accounts Receivable Related Terms

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

Tata Technologies (BOM:544028) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tata Technologies Ltd (BOM:544028) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

TATATECH:India

Address

Plot No. 25, Rajiv Gandhi Infotech Park, Hinjawadi, Pune, MH, IND, 411 057

Website

https://www.tatatechnologies.com/in

Tata Technologies Ltd is a engineering services company offering product development and digital solutions, including turnkey solutions, to original equipment manufacturers (OEMs) and their tier-1 suppliers. It endeavors to create value for its clients by helping them develop safer products, and cleaner and improve the quality of life for their end-customers. It has deep domain expertise in the automotive industry and leverages this expertise to serve its clients in adjacent industries, such as aerospace and transportation and construction heavy machinery. As an organization, it brings together diverse teams from different parts of the world with multiple skill sets to collaborate in real time and solve complex engineering problems for its clients.

Tata Technologies (BOM:544028) Headlines

No Headlines