Gujarat Hy-Spin (BOM:540938) Change In Receivables : ₹137.7 Mil (TTM As of Sep. 2023)

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What is Gujarat Hy-Spin Change In Receivables?

Gujarat Hy-Spin's change in receivables for the quarter that ended in Sep. 2023 was ₹65.8 Mil. It means Gujarat Hy-Spin's Accounts Receivable declined by ₹65.8 Mil from Mar. 2023 to Sep. 2023 .

Gujarat Hy-Spin's change in receivables for the fiscal year that ended in Mar. 2023 was ₹78.5 Mil. It means Gujarat Hy-Spin's Accounts Receivable declined by ₹78.5 Mil from Mar. 2022 to Mar. 2023 .

Gujarat Hy-Spin's Accounts Receivable for the quarter that ended in Sep. 2023 was ₹74.5 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. Gujarat Hy-Spin's Days Sales Outstanding for the six months ended in Sep. 2023 was 28.14.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Gujarat Hy-Spin's liquidation value for the six months ended in Sep. 2023 was ₹-54.8 Mil.

Gujarat Hy-Spin Change In Receivables Historical Data

The historical data trend for Gujarat Hy-Spin'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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Gujarat Hy-Spin Change In Receivables Chart

Gujarat Hy-Spin Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-30.22

22.57

11.51

0.35

78.46

Gujarat Hy-Spin Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial													-45.45	45.80	6.51	71.94	65.78

Gujarat Hy-Spin 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 ₹137.7 Mil.

Gujarat Hy-Spin (BOM:540938) 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.

Gujarat Hy-Spin's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	74.534	/	483.398	*	91
=	28.14

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

Gujarat Hy-Spin'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)
=	0.056	-	150.885	+	0.75 * 74.534	+	0.5 * 80.323
=	-54.8

Gujarat Hy-Spin Change In Receivables Related Terms

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Gujarat Hy-Spin (BOM:540938) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Gujarat Hy-Spin Ltd (BOM:540938) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Gundala Road, P. O. Box No. 22, Rajkot District, Gondal, GJ, IND, 360311

Website

http://www.gujarathyspin.com

Gujarat Hy-Spin Ltd operates in the textile industry. Principally, it is engaged in the business of manufacturing cotton yarns as well as trading in cotton and other related items. In addition, it also produces ring yarns. The company sells cotton yarns to dealers who market it to other industrial units for weaving and other purposes. Its products comprise cotton bales, cotton waste, cotton yarn, raw cotton, wash oil, cotton seeds, and others. The company generates maximum revenue through the sale of its cotton yarn product.

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