Techknowgreen Solutions (BOM:543991) Change In Receivables : ₹-44.6 Mil (TTM As of Mar. 2024)

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What is Techknowgreen Solutions Change In Receivables?

Techknowgreen Solutions's change in receivables for the quarter that ended in Mar. 2024 was ₹-17.8 Mil. It means Techknowgreen Solutions's Accounts Receivable increased by ₹17.8 Mil from Sep. 2023 to Mar. 2024 .

Techknowgreen Solutions's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-44.6 Mil. It means Techknowgreen Solutions's Accounts Receivable increased by ₹44.6 Mil from Mar. 2023 to Mar. 2024 .

Techknowgreen Solutions's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹58.7 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. Techknowgreen Solutions's Days Sales Outstanding for the six months ended in Mar. 2024 was 75.32.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Techknowgreen Solutions's liquidation value for the six months ended in Mar. 2024 was ₹72.4 Mil.

Techknowgreen Solutions Change In Receivables Historical Data

The historical data trend for Techknowgreen Solutions'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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Techknowgreen Solutions Change In Receivables Chart

Techknowgreen Solutions Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Change In Receivables

31.46

4.15

-36.74

-44.64

Techknowgreen Solutions Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24
Change In Receivables	-	-	-	-26.80	-17.84

Techknowgreen Solutions 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 ₹-44.6 Mil.

Techknowgreen Solutions (BOM:543991) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	58.691	/	142.214	*	91
=	75.32

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

Techknowgreen Solutions'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)
=	23.862	-	21.625	+	0.75 * 58.691	+	0.5 * 52.316
=	72.4

Techknowgreen Solutions Change In Receivables Related Terms

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Techknowgreen Solutions (BOM:543991) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Techknowgreen Solutions Ltd (BOM:543991) » Definitions » Change In Receivables

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Traded in Other Exchanges

N/A

Address

Flat-202, Hem Opal Apartment, Plot No. 26, Ekta Park Society, Wakdewadi, Pune, MH, IND, 411003

Website

http://www.techknowgreen.com

Techknowgreen Solutions Ltd is an environmental consulting company. It is engaged in the business of 'providing consulting services in almost every realm of environment & infrastructure planning, solutions to every problem of environment & climate change, which are both environmentally as well as economically feasible. It is one of the first companies in India to provide environmental IT solutions through cutting-edge software applications and compliance solutions. The company has diverse experience in handling complex projects across various industries like infrastructure, chemical, automobile, healthcare, manufacturing, real estate and national/state governments. Its client base includes government, semi-government organizations, MNCs, large companies, mid-size companies and MSMEs.

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