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Dollex Agrotech (NSE:DOLLEX) Change In Receivables : ₹-33 Mil (TTM As of Sep. 2023)


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What is Dollex Agrotech Change In Receivables?

Dollex Agrotech's change in receivables for the quarter that ended in Sep. 2023 was ₹-33 Mil. It means Dollex Agrotech's Accounts Receivable increased by ₹33 Mil from Mar. 2023 to Sep. 2023 .

Dollex Agrotech's change in receivables for the fiscal year that ended in Mar. 2023 was ₹-14 Mil. It means Dollex Agrotech's Accounts Receivable increased by ₹14 Mil from Mar. 2022 to Mar. 2023 .

Dollex Agrotech's Accounts Receivable for the quarter that ended in Sep. 2023 was ₹301 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. Dollex Agrotech's Days Sales Outstanding for the six months ended in Sep. 2023 was 97.78.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Dollex Agrotech's liquidation value for the six months ended in Sep. 2023 was ₹-391 Mil.


Dollex Agrotech Change In Receivables Historical Data

The historical data trend for Dollex Agrotech'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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Dollex Agrotech Change In Receivables Chart

Dollex Agrotech Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Change In Receivables
-5.48 -46.02 -122.09 -13.57

Dollex Agrotech Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Change In Receivables Get a 7-Day Free Trial - - - - -33.50

Dollex Agrotech 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 ₹-33 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.


Dollex Agrotech  (NSE:DOLLEX) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=300.67/561.194*91
=97.78

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

Dollex Agrotech'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)
=13.694-1082.274+0.75 * 300.67+0.5 * 905.101
=-391

* 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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Dollex Agrotech (NSE:DOLLEX) Business Description

Traded in Other Exchanges
N/A
Address
19/1 Manorama Ganj, 205, Naroli Arcade, Near Palasia Square, Indore, MP, IND, 452001
Dollex Agrotech Ltd is engaged in the business of manufacturing and trading sugar with captive power cogeneration capabilities. The company also produces and sells its by-products such as molasses, pressed, and bagasse. The bagasse is used to generate power. Further, it is engaged in power generation up to the captive power of 3 MW.

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