Promax Power (BOM:543375) Change In Receivables : ₹-116.7 Mil (TTM As of Sep. 2024)

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What is Promax Power Change In Receivables?

Promax Power's change in receivables for the quarter that ended in Sep. 2024 was ₹-116.7 Mil. It means Promax Power's Accounts Receivable increased by ₹116.7 Mil from Mar. 2024 to Sep. 2024 .

Promax Power's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-116.6 Mil. It means Promax Power's Accounts Receivable increased by ₹116.6 Mil from Mar. 2023 to Mar. 2024 .

Promax Power's Accounts Receivable for the quarter that ended in Sep. 2024 was ₹354.3 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. Promax Power's Days Sales Outstanding for the six months ended in Sep. 2024 was 220.30.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Promax Power's liquidation value for the six months ended in Sep. 2024 was ₹-61.6 Mil.

Promax Power Change In Receivables Historical Data

The historical data trend for Promax Power'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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Promax Power Change In Receivables Chart

Promax Power Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Change In Receivables

-83.12

-121.35

-116.63

Promax Power Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Change In Receivables	Get a 7-Day Free Trial			-	-	-	-	-116.69

Promax Power 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-116.7 Mil.

Promax Power (BOM:543375) 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.

Promax Power's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	354.254	/	293.463	*	91
=	220.30

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

Promax Power's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	54.881	-	471.387	+	0.75 * 354.254	+	0.5 * 178.432
=	-61.6

Promax Power Change In Receivables Related Terms

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Promax Power Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Promax Power Ltd (BOM:543375) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sector 82, Industrial Area, Plot No 148 A, JLPL, Mohali, PB, IND, 140306

Website

https://www.promax.co.in

Promax Power Ltd is engaged in the business of engineering procurement construction for electrification, civil infrastructure, and water infrastructure management projects. The company also provides turnkey execution of civil infrastructure projects such as industrial buildings and turnkey execution of water infrastructure management projects such as water transmission and distribution work.

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