Shoora Designs (BOM:543970) Change In Receivables : ₹-5.06 Mil (TTM As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Shoora Designs Change In Receivables?

Shoora Designs's change in receivables for the quarter that ended in Sep. 2024 was ₹10.08 Mil. It means Shoora Designs's Accounts Receivable declined by ₹10.08 Mil from Mar. 2024 to Sep. 2024 .

Shoora Designs's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-8.53 Mil. It means Shoora Designs's Accounts Receivable increased by ₹8.53 Mil from Mar. 2023 to Mar. 2024 .

Shoora Designs's Accounts Receivable for the quarter that ended in Sep. 2024 was ₹6.42 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. Shoora Designs's Days Sales Outstanding for the six months ended in Sep. 2024 was 50.31.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shoora Designs's liquidation value for the six months ended in Sep. 2024 was ₹52.11 Mil.

Shoora Designs Change In Receivables Historical Data

The historical data trend for Shoora Designs'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.

* Premium members only.

Shoora Designs Change In Receivables Chart

Shoora Designs Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Change In Receivables

-0.01

-7.96

-8.53

Shoora Designs Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Change In Receivables	Get a 7-Day Free Trial			-	-	6.61	-15.14	10.08

Shoora Designs 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 ₹-5.06 Mil.

Shoora Designs (BOM:543970) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	6.42	/	23.29	*	91
=	50.31

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

Shoora Designs'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)
=	35.326	-	2.669	+	0.75 * 6.42	+	0.5 * 29.277
=	52.11

Shoora Designs Change In Receivables Related Terms

Thank you for viewing the detailed overview of Shoora Designs's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Shoora Designs Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shoora Designs Ltd (BOM:543970) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Haththupura char rasta, LT House No.7/3388/A, 6th floor, C/1, 601, Diamond Apartments Co-op Housing Society, Surat, GJ, IND, 395003

Website

https://www.shooradesigns.com

Shoora Designs Ltd is engaged in the business of procuring rough diamonds through suppliers, internally planning and mapping rough diamonds, and out-souring the process of cleaving, laser cutting, and polishing from local job-workers in the domestic market of Surat, and is selling the said polished cut-diamonds to the wholesalers or retailers with business concentration pre-dominantly in Surat, Gujarat, and the newly-explored market of Mumbai, Maharashtra.

Shoora Designs Headlines

No Headlines