Millat Tractors (KAR:MTL) Change In Receivables : ₨-5,420 Mil (TTM As of Dec. 2024)

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What is Millat Tractors Change In Receivables?

Millat Tractors's change in receivables for the quarter that ended in Dec. 2024 was ₨-4,854 Mil. It means Millat Tractors's Accounts Receivable increased by ₨4,854 Mil from Sep. 2024 to Dec. 2024 .

Millat Tractors's change in receivables for the fiscal year that ended in Jun. 2024 was ₨-526 Mil. It means Millat Tractors's Accounts Receivable increased by ₨526 Mil from Jun. 2023 to Jun. 2024 .

Millat Tractors's Accounts Receivable for the quarter that ended in Dec. 2024 was ₨4,962 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. Millat Tractors's Days Sales Outstanding for the three months ended in Dec. 2024 was 23.21.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Millat Tractors's liquidation value for the three months ended in Dec. 2024 was ₨-11,443 Mil.

Millat Tractors Change In Receivables Historical Data

The historical data trend for Millat Tractors'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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Millat Tractors Change In Receivables Chart

Millat Tractors Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Change In Receivables

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291.18

-231.43

-111.87

-208.85

-525.66

Millat Tractors Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Receivables	Get a 7-Day Free Trial															332.52	-1,009.26	731.83	-289.38	-4,853.68

Millat Tractors 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨-5,420 Mil.

Millat Tractors (KAR:MTL) 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.

Millat Tractors's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4962.166	/	19504.707	*	91
=	23.21

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

Millat Tractors's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	4437.499	-	28373.368	+	0.75 * 4962.166	+	0.5 * 17543.214
=	-11,443

Millat Tractors Change In Receivables Related Terms

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Millat Tractors Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Millat Tractors Ltd (KAR:MTL) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

9-KM Sheikhupura Road, Shahdara, P.O Box No. 12023, District Sheikhupura, Lahore, PAK

Website

https://www.millat.com.pk

Millat Tractors Ltd operates in the automobile sector. It is engaged in assembling and manufacturing of agricultural tractors, implements and multi-application products. The Company is also involved in the sale, implementation and support of IFS applications in Pakistan and abroad. The company's operating segment includes Tractors; Tractor components; Castings and Others. It generates maximum revenue from the Tractors segment. The tractor components segment is engaged in the business of manufacturing automotive, agricultural and industrial vehicle parts and components.