Arihant Academy (NSE:ARIHANTACA) Change In Receivables : ₹0.0 Mil (TTM As of Sep. 2023)

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What is Arihant Academy Change In Receivables?

Arihant Academy's change in receivables for the quarter that ended in Sep. 2023 was ₹0.0 Mil. It means Arihant Academy's Accounts Receivable stayed the same from Mar. 2023 to Sep. 2023 .

Arihant Academy's change in receivables for the fiscal year that ended in Mar. 2023 was ₹-38.6 Mil. It means Arihant Academy's Accounts Receivable increased by ₹38.6 Mil from Mar. 2022 to Mar. 2023 .

Arihant Academy's Accounts Receivable for the quarter that ended in Sep. 2023 was ₹2.7 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. Arihant Academy's Days Sales Outstanding for the three months ended in Sep. 2023 was 1.59.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Arihant Academy's liquidation value for the three months ended in Sep. 2023 was ₹45.4 Mil.

Arihant Academy Change In Receivables Historical Data

The historical data trend for Arihant Academy'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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Arihant Academy Change In Receivables Chart

Arihant Academy Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Change In Receivables

-1.60

1.24

-1.50

-38.65

Arihant Academy Quarterly Data
	Mar20	Mar21	Mar22	Sep22	Dec22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial			-	-	-	-	-

Arihant Academy 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0.0 Mil.

Arihant Academy (NSE:ARIHANTACA) 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.

Arihant Academy's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.712	/	155.757	*	91
=	1.59

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

Arihant Academy's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	181.751	-	138.4	+	0.75 * 2.712	+	0.5 * 0
=	45.4

Arihant Academy Change In Receivables Related Terms

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Arihant Academy (NSE:ARIHANTACA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Arihant Academy Ltd (NSE:ARIHANTACA) » Definitions » Change In Receivables

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Address

Carter Road No. 3, Ground Floor, Triveni Sadan, Opposite Ambe Mata Temple, Borivali (East), Mumbai, MH, IND, 400 066

Website

https://www.arihantacademy.com

Arihant Academy Ltd is engaged in providing coaching services and parallel educational support in India. It is a coaching institute for SSC, ICSE, Science & Commerce, and also for entrance exams such as JEE (Main), JEE (Advanced) and MHT- CET (State level), NEET (National Level), MHT- CET (State Level, Maharashtra), CS and CA for the entry-level and second level exam. The company generates key revenue from coaching services. It provides a comprehensive range of coaching services to students across various fields: Secondary School Section (SSC, ICSE & CBSE BOARD) and Higher Secondary Section.

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