Arvind limited – a triple play of RM tailwinds, brand growth and de-merger play/re-rating

Hello everyone,
I was reading the annual report of the company and also read the annual report of the material subsidiary Arvind Lifestyle Brands Ltd. Something quite daunting that stood out was that Arvind Lifestyle (the branded garment subsidiary) has almost 600 crores worth of receivables (all from non-related parties so no inter-company transaction). This was on a turnover of 2100 crores. I would imagine that since their business is B2C in this company, receivables should be quite low.

Would really appreciate it if someone could help me understand this.
I am attaching the link to the subsidiary’s 2015 annual report here:

http://www.arvind.com/pdf/annaul_finacial_reporting/2015/Subsidiaries201415/ArvindLifestyleBrandsLtd.pdf