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MITCON Consultancy & Engineering Services (NSE:MITCON) Change In Receivables : ₹0 Mil (TTM As of Dec. 2023)


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What is MITCON Consultancy & Engineering Services Change In Receivables?

MITCON Consultancy & Engineering Services's change in receivables for the quarter that ended in Dec. 2023 was ₹0 Mil. It means MITCON Consultancy & Engineering Services's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

MITCON Consultancy & Engineering Services's change in receivables for the fiscal year that ended in Mar. 2023 was ₹-71 Mil. It means MITCON Consultancy & Engineering Services's Accounts Receivable increased by ₹71 Mil from Mar. 2022 to Mar. 2023 .

MITCON Consultancy & Engineering Services's Accounts Receivable for the quarter that ended in Dec. 2023 was ₹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. MITCON Consultancy & Engineering Services'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. MITCON Consultancy & Engineering Services's liquidation value for the three months ended in Dec. 2023 was ₹0 Mil.


MITCON Consultancy & Engineering Services Change In Receivables Historical Data

The historical data trend for MITCON Consultancy & Engineering Services'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.

MITCON Consultancy & Engineering Services Change In Receivables Chart

MITCON Consultancy & Engineering Services Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.98 -267.19 27.57 66.83 -70.86

MITCON Consultancy & Engineering Services Quarterly Data
Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

MITCON Consultancy & Engineering Services 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 ₹0 Mil.

* 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.


MITCON Consultancy & Engineering Services  (NSE:MITCON) 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.

MITCON Consultancy & Engineering Services's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/241.475*91
=0.00

2. In Ben Graham's calculation of liquidation value, MITCON Consultancy & Engineering Services's accounts receivable are only considered to be worth 75% of book value:

MITCON Consultancy & Engineering Services'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)
=0-0+0.75 * 0+0.5 * 0
=0

* 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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MITCON Consultancy & Engineering Services (NSE:MITCON) Business Description

Traded in Other Exchanges
N/A
Address
Kubera Chambers, First Floor, Shivajinagar, Pune, MH, IND, 411005
MITCON Consultancy & Engineering Services Ltd is a consultancy company. The company's operating segments include Consultancy and Training, Project Services, and Wind Power Generation. It generates maximum revenue from the Consultancy and Training segment. The company serves various sectors such as Solar Energy, Infrastructure, Power and Energy Conservation, Environment Management and Engineering division, Banking and Financial Solution division, Industrial Infrastructure, and others.

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