Axtel Industries (BOM:523850) Change In Receivables : ₹0 Mil (TTM As of Mar. 2024)

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What is Axtel Industries Change In Receivables?

Axtel Industries's change in receivables for the quarter that ended in Mar. 2024 was ₹0 Mil. It means Axtel Industries's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Axtel Industries's change in receivables for the fiscal year that ended in Mar. 2024 was ₹138 Mil. It means Axtel Industries's Accounts Receivable declined by ₹138 Mil from Mar. 2023 to Mar. 2024 .

Axtel Industries's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹498 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. Axtel Industries's Days Sales Outstanding for the three months ended in Mar. 2024 was 87.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Axtel Industries's liquidation value for the three months ended in Mar. 2024 was ₹404 Mil.

Axtel Industries Change In Receivables Historical Data

The historical data trend for Axtel Industries'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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Axtel Industries Change In Receivables Chart

Axtel Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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8.92

-26.24

-271.30

-153.15

137.99

Axtel Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Axtel Industries 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 Mil.

Axtel Industries (BOM:523850) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	497.602	/	521.584	*	91
=	87.05

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

Axtel Industries'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)
=	599.503	-	829.754	+	0.75 * 497.602	+	0.5 * 521.317
=	404

Axtel Industries Change In Receivables Related Terms

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Axtel Industries (BOM:523850) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Axtel Industries Ltd (BOM:523850) » Definitions » Change In Receivables

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Address

Vadodara-Halol Highway, P.O. Baska, Plot No. 43/1, Village Nurpura, District Panchmahals, Halol, GJ, IND, 389350

Website

https://www.axtelindia.com

Axtel Industries Ltd is engaged in engineering process equipment for the food industry. The company is involved in turnkey systems, product development, and customer service. The business of the company operates in one segment that is Manufacturing Food Processing Instruments. The company derives revenue from the sale of machinery i.e. manufactured goods and related services. The product line of the company consists of solids handling, storage and discharge, sieving and straining, cleaning and grading, size reduction, mixing and blending, and specialized process equipment.

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