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Humming Bird Education (BOM:542592) Change In Receivables : ₹-2.00 Mil (TTM As of Mar. 2024)


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What is Humming Bird Education Change In Receivables?

Humming Bird Education's change in receivables for the quarter that ended in Mar. 2024 was ₹0.27 Mil. It means Humming Bird Education's Accounts Receivable declined by ₹0.27 Mil from Sep. 2023 to Mar. 2024 .

Humming Bird Education's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-2.00 Mil. It means Humming Bird Education's Accounts Receivable increased by ₹2.00 Mil from Mar. 2023 to Mar. 2024 .

Humming Bird Education's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹3.31 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. Humming Bird Education's Days Sales Outstanding for the six months ended in Mar. 2024 was 38.83.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Humming Bird Education's liquidation value for the six months ended in Mar. 2024 was ₹11.75 Mil.


Humming Bird Education Change In Receivables Historical Data

The historical data trend for Humming Bird Education'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.

Humming Bird Education Change In Receivables Chart

Humming Bird Education Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only -0.22 0.90 0.01 -1.32 -2.00

Humming Bird Education Semi-Annual Data
Mar16 Mar17 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 1.94 -2.54 1.21 -2.27 0.27

Humming Bird Education 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 ₹-2.00 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.


Humming Bird Education  (BOM:542592) 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.

Humming Bird Education's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.31/15.556*91
=38.83

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

Humming Bird Education'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)
=17.651-9.034+0.75 * 3.31+0.5 * 1.306
=11.75

* 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.


Humming Bird Education Change In Receivables Related Terms

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Humming Bird Education (BOM:542592) Business Description

Traded in Other Exchanges
N/A
Address
Wazirpur Industrial Area, A 95/ 3, 2nd Floor, Delhi, IND, 110052
Humming Bird Education Ltd is an Indian-based company operating in the education sector. It organizes Olympiads, where students are evaluated on a scientifically constructed syllabus and their academic performance is ranked relative to their peer group. Geographically, the company has a presence across India and Internationally.

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