Global Education (NSE:GLOBAL) Change In Receivables : ₹-200.7 Mil (TTM As of Dec. 2023)

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What is Global Education Change In Receivables?

Global Education's change in receivables for the quarter that ended in Dec. 2023 was ₹16.1 Mil. It means Global Education's Accounts Receivable declined by ₹16.1 Mil from Sep. 2023 to Dec. 2023 .

Global Education's change in receivables for the fiscal year that ended in Mar. 2023 was ₹-33.5 Mil. It means Global Education's Accounts Receivable increased by ₹33.5 Mil from Mar. 2022 to Mar. 2023 .

Global Education's Accounts Receivable for the quarter that ended in Dec. 2023 was ₹271.7 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. Global Education's Days Sales Outstanding for the three months ended in Dec. 2023 was 133.99.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Global Education's liquidation value for the three months ended in Dec. 2023 was ₹151.1 Mil.

Global Education Change In Receivables Historical Data

The historical data trend for Global Education'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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Global Education Change In Receivables Chart

Global Education Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-101.70

-97.38

19.03

32.88

-33.52

Global Education Quarterly Data
	Sep18	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															165.45	-72.21	-98.38	-46.25	16.09

Global Education 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-200.7 Mil.

Global Education (NSE:GLOBAL) 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.

Global Education's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	271.671	/	185.01	*	91
=	133.99

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

Global Education's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	11.903	-	69.924	+	0.75 * 271.671	+	0.5 * 10.729
=	151.1

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Global Education (NSE:GLOBAL) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Global Education Ltd (NSE:GLOBAL) » Definitions » Change In Receivables

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Address

345, Kingsway, 4th Floor, Usha Complex, Nagpur, MH, IND, 440001

Website

https://www.globaledu.net.in

Global Education Ltd is a service provider for educational support and related activities. It operates in two segments, namely, Educational Training and Development Activities and Educational Business Support Activities. The company offers professional training and skill development to corporates, teachers, and students for human capital development and other business support services to educational institutions. The company earns its major revenue from the Educational Business Support Activities segment.

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