Rhetan TMT (BOM:543590) Change In Receivables : ₹40.0 Mil (TTM As of Mar. 2024)

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What is Rhetan TMT Change In Receivables?

Rhetan TMT's change in receivables for the quarter that ended in Mar. 2024 was ₹64.3 Mil. It means Rhetan TMT's Accounts Receivable declined by ₹64.3 Mil from Sep. 2023 to Mar. 2024 .

Rhetan TMT's change in receivables for the fiscal year that ended in Mar. 2024 was ₹40.0 Mil. It means Rhetan TMT's Accounts Receivable declined by ₹40.0 Mil from Mar. 2023 to Mar. 2024 .

Rhetan TMT's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹231.0 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. Rhetan TMT's Days Sales Outstanding for the six months ended in Mar. 2024 was 140.50.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Rhetan TMT's liquidation value for the six months ended in Mar. 2024 was ₹106.6 Mil.

Rhetan TMT Change In Receivables Historical Data

The historical data trend for Rhetan TMT'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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Rhetan TMT Change In Receivables Chart

Rhetan TMT Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

-73.20

-67.09

-79.68

-51.04

40.03

Rhetan TMT Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Change In Receivables	Get a 7-Day Free Trial			-	-51.04	-	-24.32	64.35

Rhetan TMT 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 ₹40.0 Mil.

Rhetan TMT (BOM:543590) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	230.992	/	300.053	*	91
=	140.50

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

Rhetan TMT'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)
=	12.531	-	250.894	+	0.75 * 230.992	+	0.5 * 343.413
=	106.6

Rhetan TMT Change In Receivables Related Terms

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Rhetan TMT (BOM:543590) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Rhetan TMT Ltd (BOM:543590) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Rasala Marg, Mithakhali Six Roads, 7th Floor, Ashoka Chambers, Ahmedabad, GJ, IND, 380006

Website

http://www.rhetan.com

Rhetan TMT Ltd manufactures TMT Bars and Round Bars which are used in the construction industry. The products are used in the construction of dams, bridges, residential and commercial towers, and the majority of infrastructure projects in Gujarat.

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