Lloyds Luxuries (NSE:LLOYDS) Accounts Receivable : ₹10.9 Mil (As of Sep. 2023)

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What is Lloyds Luxuries Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lloyds Luxuries's accounts receivables for the quarter that ended in Sep. 2023 was ₹10.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Lloyds Luxuries's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 10.75.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Lloyds Luxuries's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹-4.41.

Lloyds Luxuries Accounts Receivable Historical Data

The historical data trend for Lloyds Luxuries'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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Lloyds Luxuries Accounts Receivable Chart

Lloyds Luxuries Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Accounts Receivable

7.42

8.40

5.85

6.73

Lloyds Luxuries Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Accounts Receivable	Get a 7-Day Free Trial			8.40	5.85	-	6.73	10.85

Lloyds Luxuries Accounts Receivable Calculation

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

Lloyds Luxuries 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	10.852	/	184.256	*	91
=	10.75

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

Lloyds Luxuries'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)
=	(14.46	+	0.75 * 10.852	+	0.5 * 60.526	-	152.306
-	0	-	0)	/	22.538
=	-4.41

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.

Lloyds Luxuries Accounts Receivable Related Terms

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Lloyds Luxuries (NSE:LLOYDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Lloyds Luxuries Ltd (NSE:LLOYDS) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pandurang Budhkar Marg, B2, Unit No. 3, 2nd Floor, Madhu Estate, Lower Parel, Mumbai, MH, IND, 400013

Website

https://www.lloydsluxuries.in

Lloyds Luxuries Ltd is an organized player of salon services and beauty products in India, focused on grooming men to perfection. The company owns an exclusive franchisee of Truefitt & Hill, which is an international brand offering a wide range of beauty products and salon services for men through luxury barbershops operating across many countries.

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