Quadpro ITeS (NSE:QUADPRO) Accounts Receivable : ₹32.81 Mil (As of Sep. 2023)

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What is Quadpro ITeS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Quadpro ITeS's accounts receivables for the quarter that ended in Sep. 2023 was ₹32.81 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Quadpro ITeS's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 144.89.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Quadpro ITeS's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₹0.64.

Quadpro ITeS Accounts Receivable Historical Data

The historical data trend for Quadpro ITeS'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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Quadpro ITeS Accounts Receivable Chart

Quadpro ITeS Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Receivable

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12.16

15.10

20.30

15.54

14.43

Quadpro ITeS Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Receivable	Get a 7-Day Free Trial				27.58	15.54	22.38	14.43	32.81

Quadpro ITeS Accounts Receivable Calculation

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

Quadpro ITeS 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	32.805	/	41.32	*	91
=	144.89

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

Quadpro ITeS'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)
=	(19.858	+	0.75 * 32.805	+	0.5 * 0	-	12.254
-	0	-	0)	/	50.550
=	0.64

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.

Quadpro ITeS Accounts Receivable Related Terms

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Quadpro ITeS (NSE:QUADPRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Quadpro ITeS Ltd (NSE:QUADPRO) » Definitions » Accounts Receivable

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Address

S-3, 2nd Floor, 53 to 58, Sri Chakravarthy Complex, V. V. Puram, Sajjan Rao Circle, Bangalore, KA, IND, 560004

Website

https://www.quadpro.co.in

Quadpro ITeS Ltd provides end-to-end solutions to the Banking, Insurance, and Telecom industries. The company's product offerings are divided into Quad Quick: For Banking and Financial Services Industries, Quad Sure: For Insurance Industry, and Quad Comm: For Telecomm Industry. It has exclusive tie-ups with all hardware and software solution providers to provide the latest range of desktops, servers, and scanners as part of the solution. The company operates and generates revenue from India.

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