Innovative Ideals and Services (India) (BOM:541983) Change In Receivables

: ₹10.82 Mil (TTM As of Sep. 2023)

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Innovative Ideals and Services (India)'s change in receivables for the quarter that ended in Sep. 2023 was ₹-1.33 Mil. It means Innovative Ideals and Services (India)'s Accounts Receivable increased by ₹1.33 Mil from Mar. 2023 to Sep. 2023 .

Innovative Ideals and Services (India)'s change in receivables for the fiscal year that ended in Mar. 2023 was ₹8.55 Mil. It means Innovative Ideals and Services (India)'s Accounts Receivable declined by ₹8.55 Mil from Mar. 2022 to Mar. 2023 .

Innovative Ideals and Services (India)'s Accounts Receivable for the quarter that ended in Sep. 2023 was ₹11.67 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. Innovative Ideals and Services (India)'s Days Sales Outstanding for the six months ended in Sep. 2023 was 980.81.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Innovative Ideals and Services (India)'s liquidation value for the six months ended in Sep. 2023 was ₹-209.18 Mil.

Innovative Ideals and Services (India) Change In Receivables Historical Data

The historical data trend for Innovative Ideals and Services (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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Innovative Ideals and Services (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-27.84

52.79

17.64

5.70

8.55

Innovative Ideals and Services (India) Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial											8.44	-2.73	-3.60	12.14	-1.33

Innovative Ideals and Services (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.

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 ₹10.82 Mil.

Innovative Ideals and Services (India) (BOM:541983) 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.

Innovative Ideals and Services (India)'s Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	11.673	/	2.172	*	91
=	980.81

2. In Ben Graham's calculation of liquidation value, Innovative Ideals and Services (India)'s accounts receivable are only considered to be worth 75% of book value:

Innovative Ideals and Services (India)'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)
=	0.013	-	251.365	+	0.75 * 11.673	+	0.5 * 66.831
=	-209.18

Innovative Ideals and Services (India) Change In Receivables Related Terms

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Innovative Ideals and Services (India) (BOM:541983) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Innovative Ideals and Services (India) Ltd (BOM:541983) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Off Ajit Glass Road, E- 202, 2nd Floor, Skypark, Near Oshiwara Garden, Oshiwara, Goregoan (West), Mumbai, MH, IND, 400104

Website

https://www.innovative.in

Innovative Ideals and Services (India) Ltd is engaged in the business of providing products and solutions in the electronics security space. It offers integrated security and surveillance solutions with high-tech electronic systems, such as Video Door Phone, Audio Door Phone, Access Controls, Home Automation Systems, Intrusion Alarm System, CCTV Systems, Fire Alarm Systems, and Telecom Products. Its brand name comprises of Onyx, Inok, ehomes, Yale, and others. Geographically, the activities are carried out through India.

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