Lanka Ashok Leyland (COL:ASHO.N0000) Change In Receivables : රු359 Mil (TTM As of Mar. 2024)

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What is Lanka Ashok Leyland Change In Receivables?

Lanka Ashok Leyland's change in receivables for the quarter that ended in Mar. 2024 was රු415 Mil. It means Lanka Ashok Leyland's Accounts Receivable declined by රු415 Mil from Dec. 2023 to Mar. 2024 .

Lanka Ashok Leyland's change in receivables for the fiscal year that ended in Mar. 2024 was රු359 Mil. It means Lanka Ashok Leyland's Accounts Receivable declined by රු359 Mil from Mar. 2023 to Mar. 2024 .

Lanka Ashok Leyland's Accounts Receivable for the quarter that ended in Mar. 2024 was රු1,161 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. Lanka Ashok Leyland's Days Sales Outstanding for the three months ended in Mar. 2024 was 60.57.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lanka Ashok Leyland's liquidation value for the three months ended in Mar. 2024 was රු1,193 Mil.

Lanka Ashok Leyland Change In Receivables Historical Data

The historical data trend for Lanka Ashok Leyland'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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Lanka Ashok Leyland Change In Receivables Chart

Lanka Ashok Leyland Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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-1,994.10

426.38

211.65

242.45

359.24

Lanka Ashok Leyland Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-172.53	177.89	168.62	-402.17	414.90

Lanka Ashok Leyland 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 රු359 Mil.

Lanka Ashok Leyland (COL:ASHO.N0000) 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.

Lanka Ashok Leyland's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1161.347	/	1749.566	*	91
=	60.57

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

Lanka Ashok Leyland'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)
=	1441.114	-	2995.56	+	0.75 * 1161.347	+	0.5 * 3752.742
=	1,193

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Lanka Ashok Leyland (COL:ASHO.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lanka Ashok Leyland PLC (COL:ASHO.N0000) » Definitions » Change In Receivables

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Address

Panagoda, Homagama, Colombo, LKA

Website

https://www.lal.lk

Lanka Ashok Leyland PLC is engaged in importing and marketing of Ashok Leyland buses, trucks, truck chassis, spare parts, power generators, and accessories. The company also carries out repairs and restoration of commercial vehicles including body fabrication on goods and passenger chassis. The firm builds the truck body for specific requirements and the building of driver's cabins. Besides, the firm assembles and manufactures Ashok Leyland vehicles with technical assistance from Ashok Leyland. The company solely operates in Sri Lanka.

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