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Ashirwad Steels & Industries (BOM:526847) Change In Receivables : ₹0.00 Mil (TTM As of Mar. 2024)


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What is Ashirwad Steels & Industries Change In Receivables?

Ashirwad Steels & Industries's change in receivables for the quarter that ended in Mar. 2024 was ₹0.00 Mil. It means Ashirwad Steels & Industries's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Ashirwad Steels & Industries's change in receivables for the fiscal year that ended in Mar. 2024 was ₹108.00 Mil. It means Ashirwad Steels & Industries's Accounts Receivable declined by ₹108.00 Mil from Mar. 2023 to Mar. 2024 .

Ashirwad Steels & Industries's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹0.00 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ashirwad Steels & Industries's liquidation value for the three months ended in Mar. 2024 was ₹23.91 Mil.


Ashirwad Steels & Industries Change In Receivables Historical Data

The historical data trend for Ashirwad Steels & 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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Ashirwad Steels & Industries Change In Receivables Chart

Ashirwad Steels & Industries 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 -3.86 6.76 2.09 15.00 108.00

Ashirwad Steels & 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 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 - - - - -

Ashirwad Steels & 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 ₹0.00 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.


Ashirwad Steels & Industries  (BOM:526847) 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.

Ashirwad Steels & 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
=0/-7.28*91
=

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

Ashirwad Steels & 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)
=24.84-0.929+0.75 * 0+0.5 * 0
=23.91

* 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.


Ashirwad Steels & Industries Change In Receivables Related Terms

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Ashirwad Steels & Industries (BOM:526847) Business Description

Traded in Other Exchanges
N/A
Address
6, Waterloo Street, 5th Floor, Suite No. 506, Kolkata, WB, IND, 700069
Ashirwad Steels & Industries Ltd is an Indian based company that operates in the sponge iron business. It is involved in the manufacturing of sponge iron using iron-ore and coal as the raw materials. The sponge iron is used as input by the steel melting shops to produce ingots and billets which are thereafter re-rolled by the rolling mills to produce end steel products like Rods, Bars, Plain Rounds, Angles, Flats, Channels, Girders and others. Geographically, the business activity is carried out through the region of India and derives revenue through the sale of products.

Ashirwad Steels & Industries (BOM:526847) Headlines

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