Wheels India (BOM:590073) Change In Receivables : ₹0 Mil (TTM As of Mar. 2024)

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What is Wheels India Change In Receivables?

Wheels India's change in receivables for the quarter that ended in Mar. 2024 was ₹0 Mil. It means Wheels India's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Wheels India's change in receivables for the fiscal year that ended in Mar. 2024 was ₹211 Mil. It means Wheels India's Accounts Receivable declined by ₹211 Mil from Mar. 2023 to Mar. 2024 .

Wheels India's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹7,263 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. Wheels India's Days Sales Outstanding for the three months ended in Mar. 2024 was 52.13.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Wheels India's liquidation value for the three months ended in Mar. 2024 was ₹-12,496 Mil.

Wheels India Change In Receivables Historical Data

The historical data trend for Wheels India'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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Wheels India Change In Receivables Chart

Wheels India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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1,395.30

-2,666.00

-1,372.20

1,087.20

210.60

Wheels India Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Wheels India 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 ₹0 Mil.

Wheels India (BOM:590073) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	7263.4	/	12714.8	*	91
=	52.13

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

Wheels India'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)
=	196.1	-	22552.3	+	0.75 * 7263.4	+	0.5 * 8825
=	-12,496

Wheels India Change In Receivables Related Terms

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Wheels India (BOM:590073) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Wheels India Ltd (BOM:590073) » Definitions » Change In Receivables

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WHEELS:India

Address

M.T.H. Road, Padi, Chennai, TN, IND, 600 050

Website

https://www.wheelsindia.com

Wheels India Ltd is a manufacturer of automobile wheels. The firm is organized into Automotive Components and Industrial Components segment. The automotive company segment is engaged in the manufacture of road wheels for passenger cars, utility vehicles, trucks, buses, agricultural tractors and construction equipment; however, the group is also engaged in the manufacturing suspension products for the vehicles. The industrial segment includes components and structures for windmills, railways and thermal power plants. It operates in the Indian and international markets, of which key revenue is derived from India. The majority of the company's revenue is generated from Automotive components.

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