Maiden Forgings (BOM:543874) Change In Receivables : ₹23 Mil (TTM As of Sep. 2024)

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What is Maiden Forgings Change In Receivables?

Maiden Forgings's change in receivables for the quarter that ended in Sep. 2024 was ₹-46 Mil. It means Maiden Forgings's Accounts Receivable increased by ₹46 Mil from Mar. 2024 to Sep. 2024 .

Maiden Forgings's change in receivables for the fiscal year that ended in Mar. 2024 was ₹27 Mil. It means Maiden Forgings's Accounts Receivable declined by ₹27 Mil from Mar. 2023 to Mar. 2024 .

Maiden Forgings's Accounts Receivable for the quarter that ended in Sep. 2024 was ₹269 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. Maiden Forgings's Days Sales Outstanding for the six months ended in Sep. 2024 was 44.96.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Maiden Forgings's liquidation value for the six months ended in Sep. 2024 was ₹-99 Mil.

Maiden Forgings Change In Receivables Historical Data

The historical data trend for Maiden Forgings'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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Maiden Forgings Change In Receivables Chart

Maiden Forgings Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

88.23

48.16

-21.10

21.53

27.36

Maiden Forgings Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Change In Receivables	Get a 7-Day Free Trial			-	-	-41.90	69.26	-46.19

Maiden Forgings 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 ₹23 Mil.

Maiden Forgings (BOM:543874) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	268.768	/	1090.875	*	91
=	44.96

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

Maiden Forgings'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)
=	192.438	-	837.707	+	0.75 * 268.768	+	0.5 * 688.607
=	-99

Maiden Forgings Change In Receivables Related Terms

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Maiden Forgings Business Description

Industry

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Traded in Other Exchanges

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Address

E 201 Kavi Nagar Industrial Area, Ghaziabad, UP, IND, 201002

Website

https://www.maidenforgings.in

Maiden Forgings Ltd is engaged in manufacturing and selling ferrous metal products including steel bright bars, wires, profiles, ground bars and nails (collated & loose).

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