Clinitech Laboratory (BOM:544220) Change In Receivables : ₹-6.99 Mil (TTM As of Sep. 2024)

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What is Clinitech Laboratory Change In Receivables?

Clinitech Laboratory's change in receivables for the quarter that ended in Sep. 2024 was ₹-6.33 Mil. It means Clinitech Laboratory's Accounts Receivable increased by ₹6.33 Mil from Mar. 2024 to Sep. 2024 .

Clinitech Laboratory's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-2.59 Mil. It means Clinitech Laboratory's Accounts Receivable increased by ₹2.59 Mil from Mar. 2023 to Mar. 2024 .

Clinitech Laboratory's Accounts Receivable for the quarter that ended in Sep. 2024 was ₹11.74 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. Clinitech Laboratory's Days Sales Outstanding for the six months ended in Sep. 2024 was 52.55.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Clinitech Laboratory's liquidation value for the six months ended in Sep. 2024 was ₹41.70 Mil.

Clinitech Laboratory Change In Receivables Historical Data

The historical data trend for Clinitech Laboratory'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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Clinitech Laboratory Change In Receivables Chart

Clinitech Laboratory Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Change In Receivables

0.02

2.30

-1.12

-2.59

Clinitech Laboratory Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Change In Receivables	Get a 7-Day Free Trial			-	-	-1.92	-0.67	-6.33

Clinitech Laboratory 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 ₹-6.99 Mil.

Clinitech Laboratory (BOM:544220) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	11.736	/	40.76	*	91
=	52.55

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

Clinitech Laboratory'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)
=	45.994	-	14.841	+	0.75 * 11.736	+	0.5 * 3.487
=	41.70

Clinitech Laboratory Change In Receivables Related Terms

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Clinitech Laboratory Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Clinitech Laboratory Ltd (BOM:544220) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

AL-1/545 and 546, Sector 16, Opposite Radhikabai Meghe Vidyalaya, Airoli, Navi Mumbai, MH, IND, 400708

Website

https://www.ctllab.in

Clinitech Laboratory Ltd is e a provider of diagnostic and healthcare tests and services through chain of 8 diagnostic centers in and around Thane and Navi Mumbai. It conduct more than 150 tests such as Biochemistry tests, Immunology tests, Hematology tests, Molecular Biology tests, Serology tests, Microbiology tests, etc.

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