AKM Creations (BOM:540718) Change In Receivables : ₹3.72 Mil (TTM As of Mar. 2024)

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What is AKM Creations Change In Receivables?

AKM Creations's change in receivables for the quarter that ended in Mar. 2024 was ₹0.65 Mil. It means AKM Creations's Accounts Receivable declined by ₹0.65 Mil from Sep. 2023 to Mar. 2024 .

AKM Creations's change in receivables for the fiscal year that ended in Mar. 2024 was ₹3.72 Mil. It means AKM Creations's Accounts Receivable declined by ₹3.72 Mil from Mar. 2023 to Mar. 2024 .

AKM Creations's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹0.13 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. AKM Creations's Days Sales Outstanding for the six months ended in Mar. 2024 was 13.49.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. AKM Creations's liquidation value for the six months ended in Mar. 2024 was ₹12.37 Mil.

AKM Creations Change In Receivables Historical Data

The historical data trend for AKM Creations'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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AKM Creations Change In Receivables Chart

AKM Creations Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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23.83

19.22

-3.85

3.72

AKM Creations Semi-Annual Data
	Mar13	Mar14	Mar15	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															0.39	-	-	3.07	0.65

AKM Creations 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 ₹3.72 Mil.

AKM Creations (BOM:540718) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.126	/	1.704	*	91
=	13.49

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

AKM Creations'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)
=	14.065	-	3.479	+	0.75 * 0.126	+	0.5 * 3.371
=	12.37

AKM Creations Change In Receivables Related Terms

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AKM Creations (BOM:540718) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » AKM Creations Ltd (BOM:540718) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Bhole Nath Nagar, C-110, Ground Floor, Shahdhara, East Delhi, New Delhi, IND, 110032

Website

http://www.akmlace.com

AKM Creations Ltd formerly, AKM Lace & Embrotex Ltd is a manufacturer and dealer in all types of embrotex goods, laces, fabrics, clothing, and wearing apparel for personal, commercial, and industrial use. It also supplies customized lace and embroidered work items. The company offers services such as Mirror lace, Needle cut work laces, Zari border, Stitching lace, Jhalar lace, and Crochet lace, among others.

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