Azad Engineering (NSE:AZAD) Change In Receivables : ₹-110 Mil (TTM As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Azad Engineering Change In Receivables?

Azad Engineering's change in receivables for the quarter that ended in Sep. 2024 was ₹0 Mil. It means Azad Engineering's Accounts Receivable stayed the same from Jun. 2024 to Sep. 2024 .

Azad Engineering's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-528 Mil. It means Azad Engineering's Accounts Receivable increased by ₹528 Mil from Mar. 2023 to Mar. 2024 .

Azad Engineering's Accounts Receivable for the quarter that ended in Sep. 2024 was ₹2,263 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. Azad Engineering's Days Sales Outstanding for the three months ended in Sep. 2024 was 185.11.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Azad Engineering's liquidation value for the three months ended in Sep. 2024 was ₹-71 Mil.

Azad Engineering Change In Receivables Historical Data

The historical data trend for Azad Engineering'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.

* Premium members only.

Azad Engineering Change In Receivables Chart

Azad Engineering Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Change In Receivables

-111.64

-237.97

-417.92

-528.05

Azad Engineering Quarterly Data
	Mar21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial					-110.37	-	-	-	-

Azad Engineering 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 ₹-110 Mil.

Azad Engineering (NSE:AZAD) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2262.59	/	1115.35	*	91
=	185.11

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

Azad Engineering'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)
=	360.82	-	2899.98	+	0.75 * 2262.59	+	0.5 * 1542.2
=	-71

Azad Engineering Change In Receivables Related Terms

Thank you for viewing the detailed overview of Azad Engineering's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Azad Engineering Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Azad Engineering Ltd (NSE:AZAD) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

544061:India

Address

90/C, 90/D, Phase-1, I.D.A, Jeedimetla, Hyderabad, TG, IND, 500055

Website

https://www.azad.in

Azad Engineering Ltd is an original equipment manufacturer ('OEM') in the aerospace and defense, energy, and oil and gas industries, manufacturing engineered, complex, and mission and life-critical components. It manufactures complex and engineered precision-forged and machined components that are mission- and life-critical. The company's products include 3D rotating airfoil portions of turbine engines and other key products for combustion, hydraulics, flight-controls, propulsion, and actuation which power defence and civil aircrafts, spaceships, defence missiles, nuclear power, hydrogen, gas power, oil, and thermal power. Geographically, the company caters to both Indian and international markets of which, a majority of its revenue is generated outside India.

Azad Engineering Headlines

No Headlines