Destiny Logistics & Infra (NSE:DESTINY) Change In Receivables : ₹-43.3 Mil (TTM As of Mar. 2023)

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What is Destiny Logistics & Infra Change In Receivables?

Destiny Logistics & Infra's change in receivables for the quarter that ended in Mar. 2023 was ₹-43.3 Mil. It means Destiny Logistics & Infra's Accounts Receivable increased by ₹43.3 Mil from Mar. 2022 to Mar. 2023 .

Destiny Logistics & Infra's change in receivables for the fiscal year that ended in Mar. 2023 was ₹-43.3 Mil. It means Destiny Logistics & Infra's Accounts Receivable increased by ₹43.3 Mil from Mar. 2022 to Mar. 2023 .

Destiny Logistics & Infra's Accounts Receivable for the quarter that ended in Mar. 2023 was ₹240.7 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. Destiny Logistics & Infra's Days Sales Outstanding for the six months ended in Mar. 2023 was 77.44.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Destiny Logistics & Infra's liquidation value for the six months ended in Mar. 2023 was ₹52.5 Mil.

Destiny Logistics & Infra Change In Receivables Historical Data

The historical data trend for Destiny Logistics & Infra'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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Destiny Logistics & Infra Change In Receivables Chart

Destiny Logistics & Infra Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

-1.18

-42.95

-138.86

-43.31

Destiny Logistics & Infra Semi-Annual Data
	Mar19	Mar20	Mar21	Mar22	Mar23
Change In Receivables	-1.18	-	-42.95	-138.86	-43.31

Destiny Logistics & Infra 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 ₹-43.3 Mil.

Destiny Logistics & Infra (NSE:DESTINY) 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.

Destiny Logistics & Infra's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	240.677	/	567.201	*	91
=	77.44

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

Destiny Logistics & Infra'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)
=	2.314	-	140.18	+	0.75 * 240.677	+	0.5 * 19.686
=	52.5

Destiny Logistics & Infra Change In Receivables Related Terms

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Destiny Logistics & Infra (NSE:DESTINY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Destiny Logistics & Infra Ltd (NSE:DESTINY) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

ECO Centre, Block - EM-4 Sector- V, Unit No. 708, 7th Floor, Salt Lake, Kolkata, WB, IND, 700091

Website

https://www.destinyinfra.in

Destiny Logistics & Infra Ltd provide logistics, manpower and infrastructural services. It offers land-based transportation through third-party service providers. It provides a wide range of services such as packaging, loading, transportation, unloading, and unpacking of items to offer end-to-end solutions. The company's operations are concentrated in the domestic market, particularly, in the state of West Bengal. The company operates in Transport and Construction services, out of which the majority is from the Construction services.

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