Reetech International Cargourier (BOM:543617) Change In Receivables : ₹-8.8 Mil (TTM As of Sep. 2023)

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What is Reetech International Cargourier Change In Receivables?

Reetech International Cargourier's change in receivables for the quarter that ended in Sep. 2023 was ₹-8.8 Mil. It means Reetech International Cargourier's Accounts Receivable increased by ₹8.8 Mil from Mar. 2023 to Sep. 2023 .

Reetech International Cargourier's change in receivables for the fiscal year that ended in Mar. 2023 was ₹41.3 Mil. It means Reetech International Cargourier's Accounts Receivable declined by ₹41.3 Mil from Mar. 2022 to Mar. 2023 .

Reetech International Cargourier's Accounts Receivable for the quarter that ended in Sep. 2023 was ₹23.4 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. Reetech International Cargourier's Days Sales Outstanding for the six months ended in Sep. 2023 was 45.41.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Reetech International Cargourier's liquidation value for the six months ended in Sep. 2023 was ₹-4.6 Mil.

Reetech International Cargourier Change In Receivables Historical Data

The historical data trend for Reetech International Cargourier'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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Reetech International Cargourier Change In Receivables Chart

Reetech International Cargourier Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Change In Receivables

-1.52

-31.71

-44.21

41.26

Reetech International Cargourier Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial			-	-	41.26	-	-8.75

Reetech International Cargourier 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 ₹-8.8 Mil.

Reetech International Cargourier (BOM:543617) 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.

Reetech International Cargourier's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	23.35	/	93.839	*	91
=	45.41

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

Reetech International Cargourier'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)
=	5.321	-	27.428	+	0.75 * 23.35	+	0.5 * 0
=	-4.6

Reetech International Cargourier Change In Receivables Related Terms

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Reetech International Cargourier (BOM:543617) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Reetech International Cargo & Courier Ltd (BOM:543617) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sai Kunj Civil Lines, Raipur, CT, IND, 492001

Website

https://www.reetechinternational.com

Reetech International Cargo And Courier Ltd is a Coal Supplier in India. The company's diversified product portfolio comprises coal from Indonesia, South Africa, Australia and India, among other origins. The company supply the products to customers in various sectors such as Power, Steel, Rolling and other industries. An effective handling and transportation of the orders is facilitated through Road transportation and Railway.

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