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Meera Industries (BOM:540519) Change In Receivables : ₹0.0 Mil (TTM As of Mar. 2024)


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What is Meera Industries Change In Receivables?

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

Meera Industries's change in receivables for the fiscal year that ended in Mar. 2024 was ₹1.6 Mil. It means Meera Industries's Accounts Receivable declined by ₹1.6 Mil from Mar. 2023 to Mar. 2024 .

Meera Industries's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹23.6 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. Meera Industries's Days Sales Outstanding for the three months ended in Mar. 2024 was 22.48.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Meera Industries's liquidation value for the three months ended in Mar. 2024 was ₹-31.5 Mil.


Meera Industries Change In Receivables Historical Data

The historical data trend for Meera Industries'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.

Meera Industries Change In Receivables Chart

Meera Industries 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 -43.92 -24.99 6.40 7.19 1.60

Meera Industries Quarterly Data
Sep17 Mar18 Mar19 Sep19 Mar20 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 - - - - -

Meera Industries 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.


Meera Industries  (BOM:540519) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=23.635/95.957*91
=22.48

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

Meera Industries'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)
=15.959-112.217+0.75 * 23.635+0.5 * 94.011
=-31.5

* 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.


Meera Industries Change In Receivables Related Terms

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Meera Industries (BOM:540519) Business Description

Traded in Other Exchanges
N/A
Address
2126, Road No. 2 GIDC, Sachin, Surat, GJ, IND, 394230
Meera Industries Ltd is engaged in the production of textile twisting machinery and technology. The product portfolio includes Two for one twister, Servo-controlled cop winder, Cone-assembly winder, Ring twister, covering machine, TPRS twister machine, and Heavy-duty twister and cabler machine, and Continuous bulk and heat setting machine. Its operating segment includes Machine manufacturing, Machine trading and Yarn. The company generates maximum revenue from the Machine manufacturing segment. Geographically, it derives a majority of revenue from India.

Meera Industries (BOM:540519) Headlines

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