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Crescent Steel & Allied Products (KAR:CSAP) Change In Receivables : ₨-1,013 Mil (TTM As of Mar. 2024)


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What is Crescent Steel & Allied Products Change In Receivables?

Crescent Steel & Allied Products's change in receivables for the quarter that ended in Mar. 2024 was ₨-460 Mil. It means Crescent Steel & Allied Products's Accounts Receivable increased by ₨460 Mil from Dec. 2023 to Mar. 2024 .

Crescent Steel & Allied Products's change in receivables for the fiscal year that ended in Jun. 2023 was ₨-483 Mil. It means Crescent Steel & Allied Products's Accounts Receivable increased by ₨483 Mil from Jun. 2022 to Jun. 2023 .

Crescent Steel & Allied Products's Accounts Receivable for the quarter that ended in Mar. 2024 was ₨1,903 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. Crescent Steel & Allied Products's Days Sales Outstanding for the three months ended in Mar. 2024 was 125.53.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Crescent Steel & Allied Products's liquidation value for the three months ended in Mar. 2024 was ₨-837 Mil.


Crescent Steel & Allied Products Change In Receivables Historical Data

The historical data trend for Crescent Steel & Allied Products'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.

Crescent Steel & Allied Products Change In Receivables Chart

Crescent Steel & Allied Products Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 137.41 -99.87 165.49 -28.60 -482.94

Crescent Steel & Allied Products 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 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 Premium Member Only Premium Member Only -221.52 232.71 -747.30 -37.74 -460.29

Crescent Steel & Allied Products 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 ₨-1,013 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.


Crescent Steel & Allied Products  (KAR:CSAP) 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.

Crescent Steel & Allied Products's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1902.846/1383.218*91
=125.53

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

Crescent Steel & Allied Products'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)
=1086.352-4658.574+0.75 * 1902.846+0.5 * 2616.723
=-837

* 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.


Crescent Steel & Allied Products Change In Receivables Related Terms

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Crescent Steel & Allied Products (KAR:CSAP) Business Description

Traded in Other Exchanges
N/A
Address
9th Floor, Sidco Avenue Centre, 264 R.A. Lines, Karachi, SD, PAK, 74200
Crescent Steel & Allied Products Ltd has diversified businesses. The company's operating segment includes Steel; Cotton; Investment and Infrastructure Development (IID), Energy and Hadeed(Steel Billet) Divison. The steel segment comprises of manufacturing and coating of steel pipes which generates maximum revenue. Geographically, it derives a majority of revenue from Pakistan.

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