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Nexxus Petro Industries (BOM:544265) Change In Receivables : ₹-86 Mil (TTM As of Mar. 2024)


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What is Nexxus Petro Industries Change In Receivables?

Nexxus Petro Industries's change in receivables for the quarter that ended in Mar. 2024 was ₹-86 Mil. It means Nexxus Petro Industries's Accounts Receivable increased by ₹86 Mil from Mar. 2023 to Mar. 2024 .

Nexxus Petro Industries's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-86 Mil. It means Nexxus Petro Industries's Accounts Receivable increased by ₹86 Mil from Mar. 2023 to Mar. 2024 .

Nexxus Petro Industries's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹132 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. Nexxus Petro Industries's Days Sales Outstanding for the six months ended in Mar. 2024 was 10.17.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nexxus Petro Industries's liquidation value for the six months ended in Mar. 2024 was ₹-132 Mil.

Nexxus Petro Industries Change In Receivables Historical Data

The historical data trend for Nexxus Petro 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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Nexxus Petro Industries Change In Receivables Chart

Nexxus Petro Industries Annual Data
Trend Mar22 Mar23 Mar24
Change In Receivables
-67.41 -52.14 -86.13

Nexxus Petro Industries Semi-Annual Data
Mar22 Mar23 Mar24
Change In Receivables -67.41 -52.14 -86.13

Nexxus Petro 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.

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 ₹-86 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.

Nexxus Petro Industries  (BOM:544265) 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.

Nexxus Petro Industries's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=132.127/2370.71*91
=10.17

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

Nexxus Petro Industries'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)
=27.985-302.915+0.75 * 132.127+0.5 * 87.679
=-132

* 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.

Nexxus Petro Industries Change In Receivables Related Terms

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Nexxus Petro Industries Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nexxus Petro Industries Ltd (BOM:544265) » Definitions » Change In Receivables
Comparable Companies
BOM:524336 NSE:AMBANIORGO BOM:506605 BOM:531163 BOM:540204 BOM:544351 BOM:531454 BOM:526335 NSE:REXPIPES BOM:524614 LIN XPAR:AI SHW ECL APD ISX:TPIA XSWX:GIVN XSWX:SIKA OCSE:NSIS B XAMS:DSFIR
Traded in Other Exchanges
N/A
Address
SP Ring Road, Near Shantipura Circle, Swati Trinity, B-811, Applewoods Township, Sanathal Sanand, Sarkhej, Dascroi, Ahmedabad, GJ, IND, 382210
Website
https://www.nexxusgroup.co.in
Nexxus Petro Industries Ltd is engaged in trading, manufacturing and selling of Petrochem products namely Bitumen products. Its product is widely used in the infrastructure sector and the road construction industry. It variety of products includes various grades of Bitumen which are classified on the basis of viscosity and related properties of each grade. Presently, the company procures bitumen via imports from Dubai as well as purchases from other domestic importers/sellers in India.

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