Argon Denims (DHA:ARGONDENIM) Change In Receivables : BDT132 Mil (TTM As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Argon Denims Change In Receivables?

Argon Denims's change in receivables for the quarter that ended in Dec. 2023 was BDT67 Mil. It means Argon Denims's Accounts Receivable declined by BDT67 Mil from Sep. 2023 to Dec. 2023 .

Argon Denims's change in receivables for the fiscal year that ended in Jun. 2023 was BDT-13 Mil. It means Argon Denims's Accounts Receivable increased by BDT13 Mil from Jun. 2022 to Jun. 2023 .

Argon Denims's Accounts Receivable for the quarter that ended in Dec. 2023 was BDT0 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. Argon Denims's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Argon Denims's liquidation value for the three months ended in Dec. 2023 was BDT-1,410 Mil.

Argon Denims Change In Receivables Historical Data

The historical data trend for Argon Denims'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.

* Premium members only.

Argon Denims Change In Receivables Chart

Argon Denims Annual Data

Trend

Dec13

Dec14

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

Get a 7-Day Free Trial

-309.28

-13.40

Argon Denims Quarterly Data
	Mar19	Jun19	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															372.42	-	-	65.20	66.97

Argon Denims 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 BDT132 Mil.

Argon Denims (DHA:ARGONDENIM) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	1400.274	*	91
=	0.00

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

Argon Denims'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)
=	843.227	-	3149.987	+	0.75 * 0	+	0.5 * 1794.17
=	-1,410

Argon Denims Change In Receivables Related Terms

Thank you for viewing the detailed overview of Argon Denims's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Argon Denims (DHA:ARGONDENIM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Argon Denims Ltd (DHA:ARGONDENIM) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

57, Joar Sahara, New Airport Road, Level-6, Lotus Kamal Tower ONE, Nikunja-2- C/A, Dhaka, BGD, 1229

Website

http://www.argondenims.com

Argon Denims Ltd is engaged in manufacturing, dyeing, and finishing Denim Fabric based in Bangladesh and focuses on exports. The firm carries out the business of weaving, spinning, bleaching, dyeing, mercerizing printing, finishing, and selling denim fabrics, yarn, cloth, linen, hosiery, and other goods and fabrics whether textiles knitted or looped. It produces a medium and premium range of denim fabrics in various weights. The products include fabrics in 100% cotton, cotton stretch, cotton polyester, and cotton-polyester stretch. The dyeing line is equipped with light and dark indigo, Sulphur black, SBIT, IBST with casts and colors.

Argon Denims (DHA:ARGONDENIM) Headlines

No Headlines