Page 176 - Arvind 2024

Notes to Standalone Financial Statements for the year ended 31st March, 2024 (Amount in Rs. Lac, unless stated otherwise)
Trade receivables Ageing Schedule (Refer Notes below) (contd.) As at March 31, 2024
Particulars
Current but not due
Outstanding for following periods from due date of payment
Total
Less than 6 Months
6 months – 1 year
1-2 years
2-3 years
More than 3 years
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
173.13
-
-
-
17.61
190.74
Disputed Trade receivables - considered good
Disputed Trade receivables – which have significant increase in credit risk
Disputed Trade receivables – credit impaired
Total
As at March 31, 2023
Undisputed Trade Receivables – considered good
Undisputed Trade Receivables – which have significant increase in credit risk
Undisputed Trade receivable – credit impaired
Disputed Trade receivables - considered good
Disputed Trade receivables – which have significant increase in credit risk
Disputed Trade receivables – credit impaired
Total
Note :
- 164.44
- -
- -
- -
- 164.44
-- -
-- -
13.87 178.31 -
3.74 3.74
Particulars
Current but not due
Outstanding for following periods from due date of payment
Total
Less than 6 Months
6 months – 1 year
1-2 years
2-3 years
More than 3 years
-
-
-
-
-
-
-- --- -
-
-
-
-
-
-
-
-
-
-
-- -
-
17.61 182.05
(i) Since all the above trade receivables of the company are unsecured and considered good except those which are disclosed as credit impaired, the further bifurcation in other categories as required by Schedule III of Companies Act, 2013 viz : (a) Secured, (b) Receivables which have significant increase in credit risk is not applicable.
(ii) For amounts due and terms and conditions relating to related party receivables, refer Note 38
(iii) For information about credit risk and market risk related to trade receivables, refer note 35
(iv) No trade or other receivables are due from directors or other officers of the company, either severally or jointly with any other person. Nor any trade or other receivables are due from firms or private companies respectively in which any director is a partner, director or a member.
(v) Trade receivables are non interest bearing and are generally on credit terms of upto 30-60 days
174 | Arvind SmartSpaces Limited