Syntel (Syntel) Accounts Receivable : $118.0 Mil (As of Jun. 2018)

View and export this data going back to 1997. Start your Free Trial

What is Syntel Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Syntel's accounts receivables for the quarter that ended in Jun. 2018 was $118.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Syntel's Days Sales Outstanding for the quarter that ended in Jun. 2018 was 43.12.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Syntel's Net-Net Working Capital per share for the quarter that ended in Jun. 2018 was $-2.49.

Syntel Accounts Receivable Historical Data

The historical data trend for Syntel'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.

Syntel Accounts Receivable Chart

Syntel Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Accounts Receivable

Get a 7-Day Free Trial

101.97

111.99

136.93

118.30

115.05

Syntel Quarterly Data
	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18
Accounts Receivable	Get a 7-Day Free Trial															106.06	109.34	115.05	126.62	118.01

Syntel Accounts Receivable Calculation

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

Syntel 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.

Syntel's Days Sales Outstanding for the quarter that ended in Jun. 2018 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	118.007	/	249.699	*	91
=	43.12

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

Syntel's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2018 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)
=	(127.768	+	0.75 * 118.007	+	0.5 * 0	-	422.789
-	0	-	0)	/	82.9683
=	-2.49

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.

Syntel Accounts Receivable Related Terms

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

Syntel (Syntel) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Syntel Inc (NAS:SYNT) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.syntelinc.com

Syntel is a global provider of digital transformation, information technology, and knowledge process. The company earns approximately half of its revenue from customers in the banking and financial services industry. Syntel provides a broad range of technology solutions to its customers, including managed IT services, digital one, and KPO services. Managed services provides complete software applications development, maintenance, digital modernization, IT infrastructure, cloud, and migration services. Syntel's Digital One service line provides a range of consulting and implementation services built around enterprise architecture, data warehousing and business intelligence, enterprise application integration, web and mobile applications, and "Internet of Things".

Executives

Bharat Desai	director, 10 percent owner, officer: Co-Chairman	2800, SUITE 300, BLOOMFIELD MI 48304
Neerja Sethi	director, 10 percent owner	2800, SUITE 300, BLOOMFIELD MI 48304
Prashant Ranade	director, officer: Co-Chairman	507 PLYMOUTH AVENUE, NE, GRAND RAPIDS MI 49505
Mrkonic George R Jr	director	C/O BORDERS GROUP INC, 100 PHOENIX DRIVE, ANN ARBOR MI 48108