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Indo-City Infotech (BOM:532100) Change In Receivables : ₹0.0 Mil (TTM As of Mar. 2024)


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What is Indo-City Infotech Change In Receivables?

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

Indo-City Infotech's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-2.3 Mil. It means Indo-City Infotech's Accounts Receivable increased by ₹2.3 Mil from Mar. 2023 to Mar. 2024 .

Indo-City Infotech's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹6.8 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. Indo-City Infotech's Days Sales Outstanding for the three months ended in Mar. 2024 was 23.57.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Indo-City Infotech's liquidation value for the three months ended in Mar. 2024 was ₹46.2 Mil.


Indo-City Infotech Change In Receivables Historical Data

The historical data trend for Indo-City Infotech'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.

* Premium members only.

Indo-City Infotech Change In Receivables Chart

Indo-City Infotech 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 -8.56 11.11 -5.79 26.58 -2.29

Indo-City Infotech 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 - - - - -

Indo-City Infotech 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.

* 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.


Indo-City Infotech  (BOM:532100) 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.

Indo-City Infotech's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.796/26.308*91
=23.57

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

Indo-City Infotech'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)
=32.824-1.083+0.75 * 6.796+0.5 * 18.818
=46.2

* 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.


Indo-City Infotech Change In Receivables Related Terms

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Indo-City Infotech (BOM:532100) Business Description

Traded in Other Exchanges
N/A
Address
Andheri-Kurla Road, A6, Mittal Estate Building No. 2, Andheri (East), Mumbai, MH, IND, 400059
Indo-City Infotech Ltd is an India-based company engaged in financial activities. The company generates revenue from trading & investing in shares & securities and from interest income.

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