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Siyaram Recycling Industries (BOM:544047) Change In Receivables : ₹149 Mil (TTM As of Sep. 2024)


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What is Siyaram Recycling Industries Change In Receivables?

Siyaram Recycling Industries's change in receivables for the quarter that ended in Sep. 2024 was ₹132 Mil. It means Siyaram Recycling Industries's Accounts Receivable declined by ₹132 Mil from Mar. 2024 to Sep. 2024 .

Siyaram Recycling Industries's change in receivables for the fiscal year that ended in Mar. 2024 was ₹249 Mil. It means Siyaram Recycling Industries's Accounts Receivable declined by ₹249 Mil from Mar. 2023 to Mar. 2024 .

Siyaram Recycling Industries's Accounts Receivable for the quarter that ended in Sep. 2024 was ₹213 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. Siyaram Recycling Industries's Days Sales Outstanding for the six months ended in Sep. 2024 was 15.80.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Siyaram Recycling Industries's liquidation value for the six months ended in Sep. 2024 was ₹-163 Mil.

Siyaram Recycling Industries Change In Receivables Historical Data

The historical data trend for Siyaram Recycling 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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Siyaram Recycling Industries Change In Receivables Chart

Siyaram Recycling Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Change In Receivables
-74.06 106.42 -261.30 248.64

Siyaram Recycling Industries Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Change In Receivables Get a 7-Day Free Trial - - 231.90 16.74 132.14

Siyaram Recycling 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹149 Mil.

* 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.

Siyaram Recycling Industries  (BOM:544047) 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.

Siyaram Recycling Industries's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=212.658/2456.661*91
=15.80

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

Siyaram Recycling Industries'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)
=3.752-1134.752+0.75 * 212.658+0.5 * 1616.053
=-163

* 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.

Siyaram Recycling Industries Change In Receivables Related Terms

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Siyaram Recycling Industries Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Siyaram Recycling Industries Ltd (BOM:544047) » Definitions » Change In Receivables
Comparable Companies
BOM:544023 BOM:533007 BOM:539196 BOM:539479 BOM:508875 BOM:543962 BOM:526073 NSE:SHERA NSE:TIRUPATIFL BOM:502820 CRS MLI ATI ESAB SZSE:000039 SHSE:688122 TPE:2474 XTER:NDA SZSE:300748 SHSE:601399
Traded in Other Exchanges
N/A
Address
Plot No. 6 & 7, Village: Lakhabaval Post: Khodiyar Colony, Jamnagar, GJ, IND, 361006
Website
https://www.siyaramindustries.co.in
Siyaram Recycling Industries Ltd is primarily engaged in the segregation of brass scrap, manufacturing of brass ingots, billets and brass rods and manufacturing of brass-based components such as plumbing and sanitary parts. The company also manufactures brass ingots, billets and rods through brass scrap and is mainly exported to China. Additionally, it supplies brass ingots to esteemed customers in India such as Astral Limited, Kajaria Bathware and AGI Greenpac. It procures brass scrap mainly from international market such as USA, UK, Europe and Middle East. Post procurement, segregation of brass is done and is mainly sold by in Gujarat.

Siyaram Recycling Industries Headlines

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