Service Industries (KAR:SRVI) Change In Receivables : ₨-2,308 Mil (TTM As of Sep. 2024)

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What is Service Industries Change In Receivables?

Service Industries's change in receivables for the quarter that ended in Sep. 2024 was ₨-3,067 Mil. It means Service Industries's Accounts Receivable increased by ₨3,067 Mil from Jun. 2024 to Sep. 2024 .

Service Industries's change in receivables for the fiscal year that ended in Dec. 2023 was ₨-1,627 Mil. It means Service Industries's Accounts Receivable increased by ₨1,627 Mil from Dec. 2022 to Dec. 2023 .

Service Industries's Accounts Receivable for the quarter that ended in Sep. 2024 was ₨13,469 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. Service Industries's Days Sales Outstanding for the three months ended in Sep. 2024 was 39.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Service Industries's liquidation value for the three months ended in Sep. 2024 was ₨-46,544 Mil.

Service Industries Change In Receivables Historical Data

The historical data trend for Service Industries'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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Service Industries Change In Receivables Chart

Service Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-562.80

-835.62

125.49

-5,999.26

-1,627.09

Service Industries Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial															-652.98	4,237.98	-3,100.03	-378.62	-3,067.29

Service Industries 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨-2,308 Mil.

Service Industries (KAR:SRVI) 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.

Service Industries's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	13468.51	/	31331.57	*	91
=	39.23

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

Service Industries's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3985.93	-	74135.995	+	0.75 * 13468.51	+	0.5 * 27009.606
=	-46,544

Service Industries Change In Receivables Related Terms

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Service Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Service Industries Ltd (KAR:SRVI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Servis House, 2 Main Gulberg, Lahore, PAK, 54662

Website

https://www.servisgroup.com

Service Industries Ltd manufactures and sells footwear, tyres, tubes, and technical rubber products. The company's reportable segments are Footwear which includes the purchase, manufacturing and sale of different qualities of footwear, Tyre which includes the manufacturing of different qualities of tyres and tubes, and Others which includes manufacturing of different qualities of rubber products on specifications and trading and manufacturing of spare parts of automobiles. The company generates a majority of its revenues from the Tyre division. Geographically, the company derives a majority of its revenue from Pakistan and the rest from Europe, Asia, North America, Australia and other regions.

Service Industries Headlines

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