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Growington Ventures India (BOM:539222) Change In Receivables : ₹-76.8 Mil (TTM As of Mar. 2024)


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What is Growington Ventures India Change In Receivables?

Growington Ventures India's change in receivables for the quarter that ended in Mar. 2024 was ₹-61.7 Mil. It means Growington Ventures India's Accounts Receivable increased by ₹61.7 Mil from Sep. 2023 to Mar. 2024 .

Growington Ventures India's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-76.8 Mil. It means Growington Ventures India's Accounts Receivable increased by ₹76.8 Mil from Mar. 2023 to Mar. 2024 .

Growington Ventures India's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹70.6 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. Growington Ventures India's Days Sales Outstanding for the six months ended in Mar. 2024 was 54.31.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Growington Ventures India's liquidation value for the six months ended in Mar. 2024 was ₹-51.7 Mil.


Growington Ventures India Change In Receivables Historical Data

The historical data trend for Growington Ventures India'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.

Growington Ventures India Change In Receivables Chart

Growington Ventures India 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 -4.14 -12.76 0.14 -154.79 -76.83

Growington Ventures India Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 -14.30 -87.72 86.18 -15.09 -61.75

Growington Ventures India 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-76.8 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.


Growington Ventures India  (BOM:539222) 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.

Growington Ventures India's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=70.583/237.177*91
=54.31

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

Growington Ventures India'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)
=4.757-113.68+0.75 * 70.583+0.5 * 8.568
=-51.7

* 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.


Growington Ventures India Change In Receivables Related Terms

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Growington Ventures India (BOM:539222) Business Description

Traded in Other Exchanges
N/A
Address
Shiv Chamber, 4th Floor, Plot No. 21, Sector – 11, CBD Belapur, Navi Mumbai, MH, IND, 400614
Growington Ventures India Ltd operates in the exporting & importing of Premium Quality Fruits. The company is principally engaged in wide portfolio of fruits like Apple, Green Apple, Orange & Mandarin, Pear, Kiwi, Dragon Fruit, Avocado, Red Globe Grapes, Plum, Nectarines, Peaches, Cherries, Blueberries, Grape Fruit, Mango Stem, Ram Bhutan, Longan, Dates, Tamarind and so on.

Growington Ventures India (BOM:539222) Headlines

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