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Lex Nimble Solutions (BOM:541196) Change In Receivables : ₹-0.29 Mil (TTM As of Sep. 2023)


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What is Lex Nimble Solutions Change In Receivables?

Lex Nimble Solutions's change in receivables for the quarter that ended in Sep. 2023 was ₹1.18 Mil. It means Lex Nimble Solutions's Accounts Receivable declined by ₹1.18 Mil from Mar. 2023 to Sep. 2023 .

Lex Nimble Solutions's change in receivables for the fiscal year that ended in Mar. 2023 was ₹-3.41 Mil. It means Lex Nimble Solutions's Accounts Receivable increased by ₹3.41 Mil from Mar. 2022 to Mar. 2023 .

Lex Nimble Solutions's Accounts Receivable for the quarter that ended in Sep. 2023 was ₹3.66 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. Lex Nimble Solutions's Days Sales Outstanding for the six months ended in Sep. 2023 was 29.22.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lex Nimble Solutions's liquidation value for the six months ended in Sep. 2023 was ₹137.58 Mil.


Lex Nimble Solutions Change In Receivables Historical Data

The historical data trend for Lex Nimble Solutions'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.

* Premium members only.

Lex Nimble Solutions Change In Receivables Chart

Lex Nimble Solutions Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.82 -0.65 -0.15 2.79 -3.41

Lex Nimble Solutions Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.32 0.47 -1.93 -1.47 1.18

Lex Nimble Solutions 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-0.29 Mil.

* 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.


Lex Nimble Solutions  (BOM:541196) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.664/22.885*91
=29.22

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

Lex Nimble Solutions'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)
=141.848-7.021+0.75 * 3.664+0.5 * 0
=137.58

* 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.


Lex Nimble Solutions Change In Receivables Related Terms

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Lex Nimble Solutions (BOM:541196) Business Description

Traded in Other Exchanges
N/A
Address
Quardant 3, Module A1, Cyber Towers, 10th Floor, Hitech City, Madhapur, Hyderabad, TG, IND, 500 081
Lex Nimble Solutions Ltd is engaged in IT consulting, support and solutions and appraisal advisory, certification, training and related services on quality models. The company's business segments are Software services and Consulting services. It derives key revenue from the Consulting services segment which covers IT staffing, Support Services and Payroll and accounting Service; and Quality Certification, Consulting and Training. Geographically, the group has customers located within India and other countries.

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