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International Steels (KAR:ISL) Change In Receivables : ₨-218 Mil (TTM As of Mar. 2024)


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What is International Steels Change In Receivables?

International Steels's change in receivables for the quarter that ended in Mar. 2024 was ₨24 Mil. It means International Steels's Accounts Receivable declined by ₨24 Mil from Dec. 2023 to Mar. 2024 .

International Steels's change in receivables for the fiscal year that ended in Jun. 2023 was ₨1,161 Mil. It means International Steels's Accounts Receivable declined by ₨1,161 Mil from Jun. 2022 to Jun. 2023 .

International Steels's Accounts Receivable for the quarter that ended in Mar. 2024 was ₨2,217 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. International Steels's Days Sales Outstanding for the three months ended in Mar. 2024 was 12.43.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. International Steels's liquidation value for the three months ended in Mar. 2024 was ₨-8,219 Mil.


International Steels Change In Receivables Historical Data

The historical data trend for International Steels'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.

International Steels Change In Receivables Chart

International Steels Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,056.89 -1,869.05 2,545.41 -263.44 1,160.69

International Steels 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 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 -1,439.62 663.67 -399.50 -506.18 24.49

International Steels 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 ₨-218 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.


International Steels  (KAR:ISL) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2217.491/16276.004*91
=12.43

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

International Steels'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)
=3354.425-22789.855+0.75 * 2217.491+0.5 * 19105.84
=-8,219

* 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.


International Steels Change In Receivables Related Terms

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International Steels (KAR:ISL) Business Description

Traded in Other Exchanges
N/A
Address
10 Beaumont Road, 101 Beaumont Plaza, Civil Lines, Karachi, SD, PAK, 75530
International Steels Ltd manufactures steel products. The company produces cold-rolled, sheet, and hot-dipped galvanized sheet steels. It serves industries like construction, appliances, automotive, agricultural implements, and packaging. Geographically, it derives a majority of revenue from Domestic sales.

International Steels (KAR:ISL) Headlines