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Honda Atlas Cars Pakistan (KAR:HCAR) Change In Receivables : ₨-2,350 Mil (TTM As of Jun. 2024)


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What is Honda Atlas Cars Pakistan Change In Receivables?

Honda Atlas Cars Pakistan's change in receivables for the quarter that ended in Jun. 2024 was ₨1,861 Mil. It means Honda Atlas Cars Pakistan's Accounts Receivable declined by ₨1,861 Mil from Mar. 2024 to Jun. 2024 .

Honda Atlas Cars Pakistan's change in receivables for the fiscal year that ended in Mar. 2024 was ₨5,267 Mil. It means Honda Atlas Cars Pakistan's Accounts Receivable declined by ₨5,267 Mil from Mar. 2023 to Mar. 2024 .

Honda Atlas Cars Pakistan's Accounts Receivable for the quarter that ended in Jun. 2024 was ₨7,136 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. Honda Atlas Cars Pakistan's Days Sales Outstanding for the three months ended in Jun. 2024 was 40.78.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Honda Atlas Cars Pakistan's liquidation value for the three months ended in Jun. 2024 was ₨-7,882 Mil.

Honda Atlas Cars Pakistan Change In Receivables Historical Data

The historical data trend for Honda Atlas Cars Pakistan'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.

* Premium members only.

Honda Atlas Cars Pakistan Change In Receivables Chart

Honda Atlas Cars Pakistan Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,500.50 638.77 -3,674.58 -6,619.99 5,266.68

Honda Atlas Cars Pakistan Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9,477.43 1,704.87 -1,178.89 -4,736.73 1,860.50

Honda Atlas Cars Pakistan 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨-2,350 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.

Honda Atlas Cars Pakistan  (KAR:HCAR) 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.

Honda Atlas Cars Pakistan's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=7136.344/15970.341*91
=40.78

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

Honda Atlas Cars Pakistan's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=257.719-21697.402+0.75 * 7136.344+0.5 * 16411.801
=-7,882

* 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.

Honda Atlas Cars Pakistan Change In Receivables Related Terms

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Honda Atlas Cars Pakistan Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Honda Atlas Cars Pakistan Ltd (KAR:HCAR) » Definitions » Change In Receivables
Comparable Companies
KAR:PSMC KAR:ATLH KAR:GHNI KAR:INDU TSLA TSE:7203 SZSE:002594 XTER:MBG XTER:BMW STLA XTER:VOW3 MIL:RACE TSE:7267 F NSE:MARUTI GM LI XKRX:005380 HKSE:02333 NSE:TATAMOTORS
Traded in Other Exchanges
N/A
Address
1-Mcleod Road, Lahore, PB, PAK
Website
https://www.honda.com.pk
Honda Atlas Cars Pakistan Ltd is engaged in assembling and progressive manufacturing and sale of Honda vehicles and spare parts. Its Segments include the Manufacturing and Trading segment. Manufacturing segment relates to the sale of locally manufactured cars and parts and Trading segment relates to the trading of completely built units (CBUs) and parts. It offers car models, such as Honda Accord, Honda CR-V, Honda CR-Z, Honda HR-V, and Honda City in various colors with advance technology features. Honda derives the majority of revenue through the Manufacturing segment.