Akanksha Power and Infrastructure (NSE:AKANKSHA) Change In Receivables : ₹-177.4 Mil (TTM As of Mar. 2024)

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What is Akanksha Power and Infrastructure Change In Receivables?

Akanksha Power and Infrastructure's change in receivables for the quarter that ended in Mar. 2024 was ₹-177.4 Mil. It means Akanksha Power and Infrastructure's Accounts Receivable increased by ₹177.4 Mil from Mar. 2023 to Mar. 2024 .

Akanksha Power and Infrastructure's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-177.4 Mil. It means Akanksha Power and Infrastructure's Accounts Receivable increased by ₹177.4 Mil from Mar. 2023 to Mar. 2024 .

Akanksha Power and Infrastructure's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹304.9 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. Akanksha Power and Infrastructure's Days Sales Outstanding for the six months ended in Mar. 2024 was 98.44.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Akanksha Power and Infrastructure's liquidation value for the six months ended in Mar. 2024 was ₹63.8 Mil.

Akanksha Power and Infrastructure Change In Receivables Historical Data

The historical data trend for Akanksha Power and Infrastructure'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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Akanksha Power and Infrastructure Change In Receivables Chart

Akanksha Power and Infrastructure Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

-7.95

-146.18

-18.82

34.92

-177.41

Akanksha Power and Infrastructure Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Mar24
Change In Receivables	-7.95	-146.18	-18.82	34.92	-177.41

Akanksha Power and Infrastructure 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-177.4 Mil.

Akanksha Power and Infrastructure (NSE:AKANKSHA) 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.

Akanksha Power and Infrastructure's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	304.936	/	565.312	*	91
=	98.44

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

Akanksha Power and Infrastructure'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)
=	108.927	-	322.534	+	0.75 * 304.936	+	0.5 * 97.442
=	63.8

Akanksha Power and Infrastructure Change In Receivables Related Terms

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Akanksha Power and Infrastructure Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Akanksha Power and Infrastructure Ltd (NSE:AKANKSHA) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Plot No. 87/4, MIDC, Satpur, Nashik, MH, IND, 422007

Website

https://www.apil.co.in

Akanksha Power and Infrastructure Ltd is engaged in the business of manufacturing of electric equipments, including electrical panels, instrument transformers, and vacuum contactors, catering to consumers from institutions, industries and electricity transmission and distribution utilities. Products of the company include APFC Panel & Key Components, Instrument Transformer, MCC, PCC, VFD Panels, Universal Measuring Instruments, DC UPS And Power Supply. Its services involve execution of electrical turnkey projects.

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