Somi Conveyor Beltings (BOM:533001) Change In Receivables : ₹0 Mil (TTM As of Mar. 2024)

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What is Somi Conveyor Beltings Change In Receivables?

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

Somi Conveyor Beltings's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-120 Mil. It means Somi Conveyor Beltings's Accounts Receivable increased by ₹120 Mil from Mar. 2023 to Mar. 2024 .

Somi Conveyor Beltings's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹409 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. Somi Conveyor Beltings's Days Sales Outstanding for the three months ended in Mar. 2024 was 97.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Somi Conveyor Beltings's liquidation value for the three months ended in Mar. 2024 was ₹137 Mil.

Somi Conveyor Beltings Change In Receivables Historical Data

The historical data trend for Somi Conveyor Beltings'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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Somi Conveyor Beltings Change In Receivables Chart

Somi Conveyor Beltings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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56.96

-138.40

30.09

-55.49

-119.98

Somi Conveyor Beltings 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															-	-	-	-	-

Somi Conveyor Beltings 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.

Somi Conveyor Beltings (BOM:533001) 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.

Somi Conveyor Beltings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	408.86	/	384.411	*	91
=	97.05

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

Somi Conveyor Beltings'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)
=	93.914	-	394.034	+	0.75 * 408.86	+	0.5 * 261.544
=	137

Somi Conveyor Beltings Change In Receivables Related Terms

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Somi Conveyor Beltings (BOM:533001) Business Description

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SOMICONVEY:India

Address

New Power House Road, 4 F-15, Oliver House, Near Bank of India, Jodhpur, IND, 342003

Website

https://www.somiinvestor.com

Somi Conveyor Beltings Ltd is a company engaged in the manufacture and sale of industrial conveyor belts. It offers products for the cement, sponge iron, power, and mining sectors. The product line of the company provides general-purpose, heat-resistant, fire-resistant, and oil-resistant conveyor belts. It also offers special-purpose conveyor belts, such as bulletproof, chevron, rough top, pipe conveyor, and fusion belts, as well as rubber sheets and mattings, maintenance conveyor belts, and steel cord beltings. The company operates in one single segment which is Manufacturing conveyor belts and generates revenue from the same.

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