Machhar Industries (BOM:543934) Change In Receivables : ₹-6.2 Mil (TTM As of Mar. 2024)

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What is Machhar Industries Change In Receivables?

Machhar Industries's change in receivables for the quarter that ended in Mar. 2024 was ₹-4.2 Mil. It means Machhar Industries's Accounts Receivable increased by ₹4.2 Mil from Sep. 2023 to Mar. 2024 .

Machhar Industries's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-6.2 Mil. It means Machhar Industries's Accounts Receivable increased by ₹6.2 Mil from Mar. 2023 to Mar. 2024 .

Machhar Industries's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹17.3 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. Machhar Industries's Days Sales Outstanding for the six months ended in Mar. 2024 was 35.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Machhar Industries's liquidation value for the six months ended in Mar. 2024 was ₹18.5 Mil.

Machhar Industries Change In Receivables Historical Data

The historical data trend for Machhar Industries'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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Machhar Industries Change In Receivables Chart

Machhar Industries Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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3.38

1.60

-3.15

4.95

-6.21

Machhar Industries Semi-Annual Data
	Mar19	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Change In Receivables	Get a 7-Day Free Trial			-	-	-	-2.06	-4.15

Machhar Industries 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 ₹-6.2 Mil.

Machhar Industries (BOM:543934) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	17.31	/	90.146	*	91
=	35.04

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

Machhar Industries'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)
=	32.329	-	28.826	+	0.75 * 17.31	+	0.5 * 3.989
=	18.5

Machhar Industries Change In Receivables Related Terms

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Machhar Industries (BOM:543934) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Machhar Industries Ltd (BOM:543934) » Definitions » Change In Receivables

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Traded in Other Exchanges

N/A

Address

Jalna Road, Mondha Naka, City Pride Building, 1st Floor, FF-107, Above Domino’s, Aurangabad, MH, IND, 431001

Website

https://www.machharind.com

Machhar Industries Ltd operates with three distinct divisions: the explosive division, the transportation division, and Adblue (DEF). The company generates maximum revenue from the Transportation division.

Machhar Industries (BOM:543934) Headlines

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