Arihant Institute (BOM:541401) Change In Receivables : ₹-3.45 Mil (TTM As of Sep. 2023)

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What is Arihant Institute Change In Receivables?

Arihant Institute's change in receivables for the quarter that ended in Sep. 2023 was ₹-2.77 Mil. It means Arihant Institute's Accounts Receivable increased by ₹2.77 Mil from Mar. 2023 to Sep. 2023 .

Arihant Institute's change in receivables for the fiscal year that ended in Mar. 2023 was ₹-0.82 Mil. It means Arihant Institute's Accounts Receivable increased by ₹0.82 Mil from Mar. 2022 to Mar. 2023 .

Arihant Institute's Accounts Receivable for the quarter that ended in Sep. 2023 was ₹47.02 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. Arihant Institute's Days Sales Outstanding for the six months ended in Sep. 2023 was 15,919.15.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Arihant Institute's liquidation value for the six months ended in Sep. 2023 was ₹24.47 Mil.

Arihant Institute Change In Receivables Historical Data

The historical data trend for Arihant Institute'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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Arihant Institute Change In Receivables Chart

Arihant Institute Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-9.85

-1.46

0.01

-0.11

-0.82

Arihant Institute Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial												-	-	-0.14	-0.68	-2.77

Arihant Institute 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-3.45 Mil.

Arihant Institute (BOM:541401) 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.

Arihant Institute's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	47.016	/	0.539	*	91
=	15,919.15

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

Arihant Institute's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.157	-	10.998	+	0.75 * 47.016	+	0.5 * 0.098
=	24.47

Arihant Institute Change In Receivables Related Terms

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Arihant Institute (BOM:541401) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Arihant Institute Ltd (BOM:541401) » Definitions » Change In Receivables

Comparable Companies

PBYA BOM:530093 BOM:542592 BOM:543443 TSXV:CHN

Traded in Other Exchanges

N/A

Address

201,202, Ratna High Street, Near Naranpura Crossroad, 2nd Floor, Naranpura, Ahmedabad, GJ, IND, 380 013

Website

http://www.arihantinstitute.com

Arihant Institute Ltd is engaged in providing coaching and educational guidance for students appearing for professional courses such as Company Secretary, Chartered Accountant, and CMA, among others. It provides coaching and guidance from entry-level test exams till the final exam and covers all the subjects in depth with the test series. The company operates the educational program and coaching under the brand name Arihant Institute. It generates its revenue in the form of income from Education, E-learning, E-library, Online study materials, and others.

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