AZREF (Azure Power Global) Change In Receivables: $13.4 Mil (TTM As of Mar. 2024)


AZREF Azure Power Global Ltd AZREF
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What is Azure Power Global Change In Receivables?

Azure Power Global AZREF 12 Change In Receivables is $13.4 Mil as of Mar. 2024. GuruFocus rates AZREF with a GF Score™ of 12/100.

Azure Power Global's change in receivables for the quarter that ended in Mar. 2024 was $13.4 Mil. It means Azure Power Global's Accounts Receivable declined by $13.4 Mil from Mar. 2023 to Mar. 2024 .

Azure Power Global's change in receivables for the fiscal year that ended in Mar. 2024 was $13.4 Mil. It means Azure Power Global's Accounts Receivable declined by $13.4 Mil from Mar. 2023 to Mar. 2024 .

Azure Power Global's Accounts Receivable for the quarter that ended in Mar. 2024 was $55.7 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. Azure Power Global's Days Sales Outstanding for the six months ended in Mar. 2024 was 39.60.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Azure Power Global's liquidation value for the six months ended in Mar. 2024 was $-1,640.6 Mil.

Azure Power Global  (OTCPK:AZREF) 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.

Azure Power Global's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=55.684/256.645*91
=39.60

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

Azure Power Global's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=89.965-1772.447+0.75 * 55.684+0.5 * 0.157
=-1,640.6

* 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.

Azure Power Global Change In Receivables Related Terms

Azure Power Global Change In Receivables Historical Data

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The historical data trend for Azure Power Global'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.

Azure Power Global Change In Receivables Chart

Azure Power Global Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.65 -12.00 -13.87 -11.14 13.44

Azure Power Global Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -18.65 -12.00 -13.87 -11.14 13.44
AZREF
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Azure Power Global Ltd AZREF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Azure Power Global 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 was $13.4 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $13.4 Mil mean?
Azure Power Global (AZREF) has a Change In Receivables of $13.4 Mil as of Mar. 2024. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Azure Power Global and its competitors.
Is Azure Power Global's Change In Receivables too high?
Azure Power Global's current Change In Receivables is $13.4 Mil. Overall, Azure Power Global has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Azure Power Global's Change In Receivables compare to SAFX and VGAS?
Azure Power Global's Change In Receivables of $13.4 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for an Utilities - Independent Power Producers company?
A good Change In Receivables depends on the Utilities - Independent Power Producers industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Azure Power Global and its competitors. Azure Power Global's current Change In Receivables is $13.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azure Power Global stock overvalued right now?
Azure Power Global (AZREF) has a current Change In Receivables of $13.4 Mil. The current Change In Receivables is $13.4 Mil. Azure Power Global's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Azure Power Global (AZREF), the current Change In Receivables is $13.4 Mil as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Azure Power Global Business Description

Address Phase II, 8th Floor, Tower A, DLF Infinity, Cyber City, Gurugram, HR, IND, 122002
Azure Power Global Ltd is a utility-scale renewable energy project developer and operator. It is engaged in the development, construction, ownership, operation, maintenance, and management of renewable energy assets based on long-term contracts (Power Purchase Agreements or PPA) with Indian Government energy distribution companies, as well as other Indian non-governmental energy distribution companies and commercial customers.
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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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