Bright Solar (NSE:BRIGHT) Change In Receivables : ₹-58.2 Mil (TTM As of Sep. 2022)

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What is Bright Solar Change In Receivables?

Bright Solar's change in receivables for the quarter that ended in Sep. 2022 was ₹-65.0 Mil. It means Bright Solar's Accounts Receivable increased by ₹65.0 Mil from Mar. 2022 to Sep. 2022 .

Bright Solar's change in receivables for the fiscal year that ended in Mar. 2022 was ₹28.4 Mil. It means Bright Solar's Accounts Receivable declined by ₹28.4 Mil from Mar. 2021 to Mar. 2022 .

Bright Solar's Accounts Receivable for the quarter that ended in Sep. 2022 was ₹43.0 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. Bright Solar's Days Sales Outstanding for the six months ended in Sep. 2022 was 173.57.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Bright Solar's liquidation value for the six months ended in Sep. 2022 was ₹-43.4 Mil.

Bright Solar Change In Receivables Historical Data

The historical data trend for Bright Solar'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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Bright Solar Change In Receivables Chart

Bright Solar Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Change In Receivables

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120.30

-119.84

48.33

11.92

28.37

Bright Solar Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22
Change In Receivables	Get a 7-Day Free Trial										63.36	-51.43	21.60	6.77	-64.98

Bright Solar 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-58.2 Mil.

Bright Solar (NSE:BRIGHT) 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.

Bright Solar's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	42.986	/	45.198	*	91
=	173.57

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

Bright Solar's liquidation value for the quarter that ended in Sep. 2022 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	22.484	-	130.935	+	0.75 * 42.986	+	0.5 * 65.688
=	-43.4

Bright Solar Change In Receivables Related Terms

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Bright Solar (NSE:BRIGHT) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Bright Solar Ltd (NSE:BRIGHT) » Definitions » Change In Receivables

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Address

Thaltej Cross Road, S.G. Highway, C-602, Titanium Square, Thaltej, Ahmedabad, GJ, IND, 380059

Website

https://www.brightsolarltd.com

Bright Solar Ltd is engaged in assembling of DC/AC Solar Pumps and Solar Pump Systems. It is also engaged in Engineering, Procurement, and Construction (EPC) contracts for Solar Photovoltaic Water pumps which include supplying, installing, and commissioning the pump system along with a comprehensive maintenance contract. Its product offerings include solar water pumping systems, DC solar pumps, AC solar pumps, bright solar marts, and others. The operating segments of the company are Solar Water Pumping and Other Solar System; Installation of Systems and Consulting of Project Tendering and Infrastructure, and FMCG Sales. The company generates the majority of its revenue from Solar Water Pumping and other system sales.

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