Amreli Steels (KAR:ASTL) Change In Receivables : ₨43 Mil (TTM As of Mar. 2024)

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What is Amreli Steels Change In Receivables?

Amreli Steels's change in receivables for the quarter that ended in Mar. 2024 was ₨466 Mil. It means Amreli Steels's Accounts Receivable declined by ₨466 Mil from Dec. 2023 to Mar. 2024 .

Amreli Steels's change in receivables for the fiscal year that ended in Jun. 2023 was ₨191 Mil. It means Amreli Steels's Accounts Receivable declined by ₨191 Mil from Jun. 2022 to Jun. 2023 .

Amreli Steels's Accounts Receivable for the quarter that ended in Mar. 2024 was ₨4,960 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. Amreli Steels's Days Sales Outstanding for the three months ended in Mar. 2024 was 40.47.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Amreli Steels's liquidation value for the three months ended in Mar. 2024 was ₨-17,920 Mil.

Amreli Steels Change In Receivables Historical Data

The historical data trend for Amreli Steels'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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Amreli Steels Change In Receivables Chart

Amreli Steels Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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-1,550.25

-2,093.53

-1,102.80

1,193.27

190.88

Amreli Steels Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															493.33	155.32	130.47	-708.36	465.97

Amreli Steels 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨43 Mil.

Amreli Steels (KAR:ASTL) 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.

Amreli Steels's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4960.141	/	11182.624	*	91
=	40.47

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

Amreli Steels's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	235.815	-	27108.229	+	0.75 * 4960.141	+	0.5 * 10464.056
=	-17,920

Amreli Steels Change In Receivables Related Terms

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Amreli Steels (KAR:ASTL) Business Description

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Address

Sky Tower, West Wing, Tower–A, Plot No. HC-3, Block No. 4, 14th Floor, KDA Scheme 5, Clifton, Karachi, PAK, 75730

Website

https://www.amrelisteel.com

Amreli Steels Ltd is involved in the manufacturing of steel reinforcement bars in Pakistan. The company's product offerings include Amreli Steels Maxima, Amreli Steels Ultima, Amreli Steels Xtreme and amongst others. The majority of the firm's revenue is derived from Pakistan.