Akiko Global Services (NSE:AKIKO) Change In Receivables : ₹-53.3 Mil (TTM As of Mar. 2023)

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What is Akiko Global Services Change In Receivables?

Akiko Global Services's change in receivables for the quarter that ended in Mar. 2023 was ₹-53.3 Mil. It means Akiko Global Services's Accounts Receivable increased by ₹53.3 Mil from Mar. 2022 to Mar. 2023 .

Akiko Global Services's change in receivables for the fiscal year that ended in Mar. 2023 was ₹-53.3 Mil. It means Akiko Global Services's Accounts Receivable increased by ₹53.3 Mil from Mar. 2022 to Mar. 2023 .

Akiko Global Services's Accounts Receivable for the quarter that ended in Mar. 2023 was ₹68.0 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. Akiko Global Services's Days Sales Outstanding for the six months ended in Mar. 2023 was 31.34.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Akiko Global Services's liquidation value for the six months ended in Mar. 2023 was ₹5.8 Mil.

Akiko Global Services Change In Receivables Historical Data

The historical data trend for Akiko Global Services'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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Akiko Global Services Change In Receivables Chart

Akiko Global Services Annual Data

Trend

Mar21

Mar22

Mar23

Change In Receivables

-7.36

-18.58

-53.32

Akiko Global Services Semi-Annual Data
	Mar21	Mar22	Mar23
Change In Receivables	-7.36	-18.58	-53.32

Akiko Global Services 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. 2023 was ₹-53.3 Mil.

Akiko Global Services (NSE:AKIKO) 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.

Akiko Global Services's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	67.975	/	395.811	*	91
=	31.34

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

Akiko Global Services's liquidation value for the quarter that ended in Mar. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	10.056	-	55.247	+	0.75 * 67.975	+	0.5 * 0
=	5.8

Akiko Global Services Change In Receivables Related Terms

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Akiko Global Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Akiko Global Services Ltd (NSE:AKIKO) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

11th Floor, Office No. 8/4-D, Vishwadeep Building, District Centre Janak Puri, West Delhi, New Delhi, Delhi, IND, 110058

Website

https://www.themoneyfair.com

Akiko Global Services Ltd is working as a channel partner for crucial banks and Non-Banking Financial Companies (NBFCs) in India. It distributes and sells financial products such as credit cards, loans, and other financial auxiliary services. In day-to-day operations, it uses a Customer Relationship Management (CRM) system.

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