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Solis Marketing (BOM:538575) Change In Receivables : ₹0.00 Mil (TTM As of Mar. 2023)


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What is Solis Marketing Change In Receivables?

Solis Marketing's change in receivables for the quarter that ended in Mar. 2023 was ₹0.00 Mil. It means Solis Marketing's Accounts Receivable stayed the same from Dec. 2022 to Mar. 2023 .

Solis Marketing's change in receivables for the fiscal year that ended in Mar. 2023 was ₹0.00 Mil. It means Solis Marketing's Accounts Receivable stayed the same from Mar. 2022 to Mar. 2023 .

Solis Marketing's Accounts Receivable for the quarter that ended in Mar. 2023 was ₹12.31 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. Solis Marketing's liquidation value for the three months ended in Mar. 2023 was ₹-22.52 Mil.


Solis Marketing Change In Receivables Historical Data

The historical data trend for Solis Marketing'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.

Solis Marketing Change In Receivables Chart

Solis Marketing Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.51 1.86 - 0.60 -

Solis Marketing Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 - - - - -

Solis Marketing 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. 2023 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.


Solis Marketing  (BOM:538575) 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.

Solis Marketing's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=12.314/0*91
=

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

Solis Marketing's liquidation value for the quarter that ended in Mar. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.988-32.745+0.75 * 12.314+0.5 * 0
=-22.52

* 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.


Solis Marketing Change In Receivables Related Terms

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Solis Marketing (BOM:538575) Business Description

Traded in Other Exchanges
N/A
Address
Ansari Road, House No. 4346, Ground Floor, Gali Number 4C, Darya Ganj, New Delhi, IND, 110002
Solis Marketing Ltd operates as an import and export company in India. It imports, exports, buys, and sells, as well as deals in manufacturing, buying, selling, exchange, marketing, distribution, and other activities related to automobile parts, ball, and roller bearings, beverages, chemicals, glass materials, textiles, readymade garments, timber products. The company also carries its business as general merchants and traders in goods and commodities, commission agents, buying selling agents, and importer exporters of retails products.

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