Indian Renewable Energy Development Agency (BOM:544026) Change In Receivables : ₹-4,503 Mil (TTM As of Mar. 2024)

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What is Indian Renewable Energy Development Agency Change In Receivables?

Indian Renewable Energy Development Agency's change in receivables for the quarter that ended in Mar. 2024 was ₹0 Mil. It means Indian Renewable Energy Development Agency's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Indian Renewable Energy Development Agency's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-126,455 Mil. It means Indian Renewable Energy Development Agency's Accounts Receivable increased by ₹126,455 Mil from Mar. 2023 to Mar. 2024 .

Indian Renewable Energy Development Agency's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹60 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. Indian Renewable Energy Development Agency's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.41.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Indian Renewable Energy Development Agency's liquidation value for the three months ended in Mar. 2024 was ₹-533,006 Mil.

Indian Renewable Energy Development Agency Change In Receivables Historical Data

The historical data trend for Indian Renewable Energy Development Agency'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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Indian Renewable Energy Development Agency Change In Receivables Chart

Indian Renewable Energy Development Agency Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Change In Receivables

-41,474.77

-61,284.58

-131,334.78

-126,454.84

Indian Renewable Energy Development Agency Quarterly Data
	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial				-	-1,517.23	-2,985.87	-	-

Indian Renewable Energy Development Agency 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 quarterly data reported by the company within the most recent 12 months, which was ₹-4,503 Mil.

Indian Renewable Energy Development Agency (BOM:544026) 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.

Indian Renewable Energy Development Agency's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	60.175	/	13478.798	*	91
=	0.41

2. In Ben Graham's calculation of liquidation value, Indian Renewable Energy Development Agency's accounts receivable are only considered to be worth 75% of book value:

Indian Renewable Energy Development Agency'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)
=	7358.852	-	540409.937	+	0.75 * 60.175	+	0.5 * 0
=	-533,006

Indian Renewable Energy Development Agency Change In Receivables Related Terms

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Indian Renewable Energy Development Agency (BOM:544026) Business Description

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IREDA:India

Address

August Kranti Bhavan, 3rd Floor, Bhikaji Cama Place, New Delhi, IND, 110066

Website

https://www.ireda.in

Indian Renewable Energy Development Agency Ltd is a wholly owned Government of India (GoI) enterprise under the administrative control of the Ministry of New and Renewable Energy. It is a financial institution with over 36 years of experience in the business of promoting, developing and extending financial assistance for new and renewable energy (RE) projects, and energy efficiency and conservation (EEC) projects. It provides a comprehensive range of financial products and related services, from project conceptualization to post-commissioning, for RE projects and other value chain activities, such as equipment manufacturing and transmission.

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