Welcast Steels (BOM:504988) Change In Receivables : ₹0.0 Mil (TTM As of Mar. 2024)

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What is Welcast Steels Change In Receivables?

Welcast Steels's change in receivables for the quarter that ended in Mar. 2024 was ₹0.0 Mil. It means Welcast Steels's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Welcast Steels's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-17.9 Mil. It means Welcast Steels's Accounts Receivable increased by ₹17.9 Mil from Mar. 2023 to Mar. 2024 .

Welcast Steels's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹71.6 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. Welcast Steels's Days Sales Outstanding for the three months ended in Mar. 2024 was 25.50.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Welcast Steels's liquidation value for the three months ended in Mar. 2024 was ₹248.0 Mil.

Welcast Steels Change In Receivables Historical Data

The historical data trend for Welcast Steels'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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Welcast Steels Change In Receivables Chart

Welcast Steels Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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32.30

-45.61

29.75

56.10

-17.91

Welcast Steels Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Welcast Steels 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0.0 Mil.

Welcast Steels (BOM:504988) 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.

Welcast Steels's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	71.56	/	256.043	*	91
=	25.50

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

Welcast Steels'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)
=	228.415	-	95.017	+	0.75 * 71.56	+	0.5 * 121.825
=	248.0

Welcast Steels Change In Receivables Related Terms

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Welcast Steels (BOM:504988) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Welcast Steels Ltd (BOM:504988) » Definitions » Change In Receivables

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Address

Plot No. 15, Phase I, Peenya Industrial Area, Banglore, KA, IND, 560 058

Website

http://www.welcaststeels.com

Welcast Steels Ltd is engaged in the manufacturing and marketing of chrome grinding media balls. The company products are used in Cement and Mining Industry. It exports its products to other countries like USA, U.A.E., Japan, Australia, Thailand, Sri Lanka, UK, Bangladesh, Indonesia, Oman, Qatar, Philippines, Slovakia, Hong Kong, Canada, Bulgaria, and Vietnam. The company primarily operates in only one segment namely the manufacturing of High Chrome Grinding Media Balls.

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