Wipro (WIT) Change In Receivables

: $266 Mil (TTM As of Sep. 2023)

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Wipro's change in receivables for the quarter that ended in Sep. 2023 was $0 Mil. It means Wipro's Accounts Receivable stayed the same from Jun. 2023 to Sep. 2023 .

Wipro's change in receivables for the fiscal year that ended in Mar. 2023 was $7 Mil. It means Wipro's Accounts Receivable declined by $7 Mil from Mar. 2022 to Mar. 2023 .

Wipro's Accounts Receivable for the quarter that ended in Sep. 2023 was $1,302 Mil.

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 Receivable are being managed. Wipro's Days Sales Outstanding for the three months ended in Sep. 2023 was 43.83.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Wipro's liquidation value for the three months ended in Sep. 2023 was $399 Mil.

Wipro Change In Receivables Historical Data

The historical data trend for Wipro's Change In Receivables 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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Wipro Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

85.94

-92.40

161.85

-567.39

6.97

Wipro Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Receivables																80.77	112.92	1.12	71.58	-

Wipro Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $266 Mil.

Wipro (NYSE:WIT) Change In Receivables 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 Receivable are being managed.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1301.866	/	2710.473	*	91
=	43.83

2. In Ben Graham's calculation of liquidation value, Wipro's accounts receivable are only considered to be worth 75% of book value:

Wipro's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	4068.677	-	4653.858	+	0.75 * 1301.866	+	0.5 * 15.421
=	399

Wipro Change In Receivables Related Terms

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Wipro (WIT) Business Description

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Traded in Other Exchanges

WIPRO:India 507685:India WIOA:Germany WIOA:Germany WIOA:Austria

Address

Sarjapur Road, Doddakannelli, Bangalore, KA, IND, 560 035

Website

https://www.wipro.com

Wipro is a leading global IT services provider, with 175,000 employees. Based in Bengaluru, this India IT services firm leverages its offshore outsourcing model to derive over half of its revenue (57%) from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service.