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Orient Technologies (BOM:544235) Change In Receivables : ₹-403 Mil (TTM As of Mar. 2024)


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What is Orient Technologies Change In Receivables?

Orient Technologies's change in receivables for the quarter that ended in Mar. 2024 was ₹-403 Mil. It means Orient Technologies's Accounts Receivable increased by ₹403 Mil from Mar. 2023 to Mar. 2024 .

Orient Technologies's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-403 Mil. It means Orient Technologies's Accounts Receivable increased by ₹403 Mil from Mar. 2023 to Mar. 2024 .

Orient Technologies's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹1,294 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. Orient Technologies's Days Sales Outstanding for the six months ended in Mar. 2024 was 39.16.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Orient Technologies's liquidation value for the six months ended in Mar. 2024 was ₹260 Mil.


Orient Technologies Change In Receivables Historical Data

The historical data trend for Orient Technologies'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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Orient Technologies Change In Receivables Chart

Orient Technologies Annual Data
Trend Mar22 Mar23 Mar24
Change In Receivables
-406.03 -229.48 -403.31

Orient Technologies Semi-Annual Data
Mar22 Mar23 Mar24
Change In Receivables -406.03 -229.48 -403.31

Orient Technologies 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-403 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.


Orient Technologies  (BOM:544235) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1293.73/6028.93*91
=39.16

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

Orient Technologies'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)
=580.58-1358.37+0.75 * 1293.73+0.5 * 135.45
=260

* 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.


Orient Technologies Change In Receivables Related Terms

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Orient Technologies Business Description

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Address
MIDC Central Road, 602, Ackruti Center Point, Andheri (East), Mumbai, MH, IND, 400093
Orient Technologies Ltd is an information technology (IT) solutions provider. It includes three segments: IT Infrastructure Products and Services segment which include products and solutions include Data Centre Solutions and End-User Computing. IT Enabled Services (IteS) segment include services include Managed Services, Multi-Vendor Support Services, IT Facility Management Services, Network Operations Centre Services, Security Services, and Renewals. Cloud and Data Management Services segment include services include migration of workload from data centers to cloud. Key revenue is generated from IT Infrastructure segment.

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