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IG Petrochemicals (NSE:IGPL) Change In Receivables : ₹0 Mil (TTM As of Mar. 2024)


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What is IG Petrochemicals Change In Receivables?

IG Petrochemicals's change in receivables for the quarter that ended in Mar. 2024 was ₹0 Mil. It means IG Petrochemicals's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

IG Petrochemicals's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-226 Mil. It means IG Petrochemicals's Accounts Receivable increased by ₹226 Mil from Mar. 2023 to Mar. 2024 .

IG Petrochemicals's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹3,367 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. IG Petrochemicals's Days Sales Outstanding for the three months ended in Mar. 2024 was 55.45.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. IG Petrochemicals's liquidation value for the three months ended in Mar. 2024 was ₹-2,562 Mil.


IG Petrochemicals Change In Receivables Historical Data

The historical data trend for IG Petrochemicals'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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IG Petrochemicals Change In Receivables Chart

IG Petrochemicals Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 244.56 -502.69 -2,942.80 -820.97 -226.41

IG Petrochemicals 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 - - - - -

IG Petrochemicals 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 ₹0 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.


IG Petrochemicals  (NSE:IGPL) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3366.628/5539.845*91
=55.45

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

IG Petrochemicals'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)
=2795.683-8880.938+0.75 * 3366.628+0.5 * 1996.34
=-2,562

* 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.


IG Petrochemicals Change In Receivables Related Terms

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IG Petrochemicals (NSE:IGPL) Business Description

Traded in Other Exchanges
Address
214, Nariman Point, Free Press Journal Marg, 401- 404, Raheja Centre, Mumbai, MH, IND, 400021
IG Petrochemicals Ltd is engaged in the manufacture and sale of organic chemicals. The company produces Phthalic Anhydride, Maleic Anhydride, and Benzoic Acid. Phthalic Anhydride is used for the manufacture of polyvinyl chloride products for manufacturing a range of consumer care, personal care, and home care products like shoes, pipes and hoses, boxes, containers, packaging films, medical and surgical equipment, and others. Geographically, the firm has a presence in both the Indian and international markets of which the Indian region accounts for the majority of revenue.

IG Petrochemicals (NSE:IGPL) Headlines

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