Advait Infratech (BOM:543230) Change In Receivables : ₹-408 Mil (TTM As of Mar. 2024)

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What is Advait Infratech Change In Receivables?

Advait Infratech's change in receivables for the quarter that ended in Mar. 2024 was ₹-386 Mil. It means Advait Infratech's Accounts Receivable increased by ₹386 Mil from Sep. 2023 to Mar. 2024 .

Advait Infratech's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-408 Mil. It means Advait Infratech's Accounts Receivable increased by ₹408 Mil from Mar. 2023 to Mar. 2024 .

Advait Infratech's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹431 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. Advait Infratech's Days Sales Outstanding for the six months ended in Mar. 2024 was 59.37.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Advait Infratech's liquidation value for the six months ended in Mar. 2024 was ₹-322 Mil.

Advait Infratech Change In Receivables Historical Data

The historical data trend for Advait Infratech'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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Advait Infratech Change In Receivables Chart

Advait Infratech Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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-40.02

-73.28

-62.14

-116.67

-408.43

Advait Infratech Semi-Annual Data
	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Change In Receivables	Get a 7-Day Free Trial							-62.35	-94.55	-22.13	-22.67	-385.76

Advait Infratech 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 ₹-408 Mil.

Advait Infratech (BOM:543230) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	430.882	/	1324.42	*	91
=	59.37

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

Advait Infratech'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)
=	498.169	-	1242.656	+	0.75 * 430.882	+	0.5 * 199.453
=	-322

Advait Infratech Change In Receivables Related Terms

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Advait Infratech (BOM:543230) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Advait Infratech Ltd (BOM:543230) » Definitions » Change In Receivables

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Address

Bopal-Ambli Road, Iscon Temple Cross Road, S.G Highway, A-801 to A-803, Sankalp Iconic Tower, Opposite Vikram Nagar, Bodakdev, Ahmedabad, GJ, IND, 380054

Website

https://www.advaitinfra.com

Advait Infratech Ltd is a supplier of the tools and equipment (Stringing Tools) for a construction of transmission line in India. It operates with various verticals such as Turnkey Telecommunication Projects, Installation of the Power Transmission, Sub Station and Telecom Products, Liasioning-marketing & providing end to end solutions for the overseas customers operating in the field Power Transmission and Sub Station, Trading of the similar products, and manufacturing through OEM of the stringing Tools. Its products and solutions offered are Optical Fibre Ground Wire and OFC cables and its solutions, Insulators for the Extra High Voltage Transmission Lines, Stringing Tools for construction of Transmission lines, Gas Insulators Sub Stations supply, Earthing Solutions.

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