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Australian Premium Solar (India) (NSE:APS) Change In Receivables : ₹-57.1 Mil (TTM As of Mar. 2023)


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What is Australian Premium Solar (India) Change In Receivables?

Australian Premium Solar (India)'s change in receivables for the quarter that ended in Mar. 2023 was ₹-57.1 Mil. It means Australian Premium Solar (India)'s Accounts Receivable increased by ₹57.1 Mil from Mar. 2022 to Mar. 2023 .

Australian Premium Solar (India)'s change in receivables for the fiscal year that ended in Mar. 2023 was ₹-57.1 Mil. It means Australian Premium Solar (India)'s Accounts Receivable increased by ₹57.1 Mil from Mar. 2022 to Mar. 2023 .

Australian Premium Solar (India)'s Accounts Receivable for the quarter that ended in Mar. 2023 was ₹97.2 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. Australian Premium Solar (India)'s Days Sales Outstanding for the six months ended in Mar. 2023 was 18.76.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Australian Premium Solar (India)'s liquidation value for the six months ended in Mar. 2023 was ₹-128.9 Mil.

Australian Premium Solar (India) Change In Receivables Historical Data

The historical data trend for Australian Premium Solar (India)'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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Australian Premium Solar (India) Change In Receivables Chart

Australian Premium Solar (India) Annual Data
Trend Mar21 Mar22 Mar23
Change In Receivables
90.43 2.78 -57.12

Australian Premium Solar (India) Semi-Annual Data
Mar21 Mar22 Mar23
Change In Receivables 90.43 2.78 -57.12

Australian Premium Solar (India) 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2023 was ₹-57.1 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.

Australian Premium Solar (India)  (NSE:APS) 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.

Australian Premium Solar (India)'s Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=97.181/945.592*91
=18.76

2. In Ben Graham's calculation of liquidation value, Australian Premium Solar (India)'s accounts receivable are only considered to be worth 75% of book value:

Australian Premium Solar (India)'s liquidation value for the quarter that ended in Mar. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=21.893-247.228+0.75 * 97.181+0.5 * 47.086
=-128.9

* 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.

Australian Premium Solar (India) Change In Receivables Related Terms

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Australian Premium Solar (India) (NSE:APS) Business Description

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Australian Premium Solar (India) Ltd is engaged in the manufacturing of Solar Panels and EPC Services of solar systems. It manufactures two types of solar panels: (i) Monocrystalline Solar Panel; and (ii) Polycrystalline Solar Panel. It also provide installation services for solar panels and solar pumps. Majority of the revenue is generated from manufacturing of solar panels.

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