Sunshield Chemicals (BOM:530845) Change In Receivables : ₹0 Mil (TTM As of Mar. 2024)

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What is Sunshield Chemicals Change In Receivables?

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

Sunshield Chemicals's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-77 Mil. It means Sunshield Chemicals's Accounts Receivable increased by ₹77 Mil from Mar. 2023 to Mar. 2024 .

Sunshield Chemicals's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹479 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. Sunshield Chemicals's Days Sales Outstanding for the three months ended in Mar. 2024 was 51.09.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sunshield Chemicals's liquidation value for the three months ended in Mar. 2024 was ₹-888 Mil.

Sunshield Chemicals Change In Receivables Historical Data

The historical data trend for Sunshield Chemicals'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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Sunshield Chemicals Change In Receivables Chart

Sunshield Chemicals Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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-8.60

-3.85

-119.30

14.00

-76.50

Sunshield Chemicals 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															-	-	-	-	-

Sunshield Chemicals 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.

Sunshield Chemicals (BOM:530845) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	478.9	/	855.3	*	91
=	51.09

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

Sunshield Chemicals'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)
=	6.2	-	1469.5	+	0.75 * 478.9	+	0.5 * 432.8
=	-888

Sunshield Chemicals Change In Receivables Related Terms

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Sunshield Chemicals (BOM:530845) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sunshield Chemicals Ltd (BOM:530845) » Definitions » Change In Receivables

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Address

Pali-Khopoli Road, Village Rasal, Wave Taluka Sudhagad, District Raigad, Post Pali, Mumbai, MH, IND, 410205

Website

https://www.sunshieldchemicals.com

Sunshield Chemicals Ltd is a company engaged in the manufacture and sale of specialty chemicals in domestic and international markets. Its products are Ethoxylates & Propoxylates, THEIC, HQEE, Antioxidants, and Urea Formaldehyde Resin. Its specialty chemicals are used across a range of industries, such as wire insulation enamel, polyvinyl chloride stabilizers, inks, colors, coatings, textiles, agrochemicals, polymers, plastics, rubber, latex, tire and tubes, conveyor belts, lubricants, additives, and home care. It operates only in one segment namely Specialty Chemicals and generates its revenue from India.

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