Aeroflex Industries (NSE:AEROFLEX) Change In Receivables : ₹-278 Mil (TTM As of Mar. 2024)

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What is Aeroflex Industries Change In Receivables?

Aeroflex Industries's change in receivables for the quarter that ended in Mar. 2024 was ₹-134 Mil. It means Aeroflex Industries's Accounts Receivable increased by ₹134 Mil from Sep. 2023 to Mar. 2024 .

Aeroflex Industries's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-278 Mil. It means Aeroflex Industries's Accounts Receivable increased by ₹278 Mil from Mar. 2023 to Mar. 2024 .

Aeroflex Industries's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹947 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. Aeroflex Industries's Days Sales Outstanding for the six months ended in Mar. 2024 was 114.56.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Aeroflex Industries's liquidation value for the six months ended in Mar. 2024 was ₹1,244 Mil.

Aeroflex Industries Change In Receivables Historical Data

The historical data trend for Aeroflex 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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Aeroflex Industries Change In Receivables Chart

Aeroflex Industries Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

8.68

-42.22

-187.89

-143.58

-277.53

Aeroflex Industries Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Change In Receivables	Get a 7-Day Free Trial			-	14.20	-157.77	-143.31	-134.22

Aeroflex 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-278 Mil.

Aeroflex Industries (NSE:AEROFLEX) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	947.228	/	1509.012	*	91
=	114.56

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

Aeroflex Industries'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)
=	1057.231	-	818.197	+	0.75 * 947.228	+	0.5 * 589.424
=	1,244

Aeroflex Industries Change In Receivables Related Terms

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Aeroflex Industries (NSE:AEROFLEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aeroflex Industries Ltd (NSE:AEROFLEX) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

543972:India

Address

Plot No. 41, 42/13, 42/14 & 42/18, Village Chal, Behind IGPL, near Taloja MIDC, Panvel, Navi Mumbai, MH, IND, 410 208

Website

https://www.aeroflexindia.com

Aeroflex Industries Ltd is a manufacturer and supplier of environment-friendly metallic flexible flow solution products catering to global as well as domestic markets. It supply products to a wide spectrum of industries for the controlled flow of all forms of substances including air, liquid, and solid, Solution products are required in fire sprinklers, gas supply, the flow of air (conditioned/controlled) in aircraft, fueling and hydraulics in aircraft. The company exports its products to more than 80 countries including Europe, the USA and others.

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