Drone Destination (NSE:DRONE) Change In Receivables : ₹-123.3 Mil (TTM As of Mar. 2024)

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What is Drone Destination Change In Receivables?

Drone Destination's change in receivables for the quarter that ended in Mar. 2024 was ₹-123.3 Mil. It means Drone Destination's Accounts Receivable increased by ₹123.3 Mil from Mar. 2023 to Mar. 2024 .

Drone Destination's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-123.3 Mil. It means Drone Destination's Accounts Receivable increased by ₹123.3 Mil from Mar. 2023 to Mar. 2024 .

Drone Destination's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹141.4 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. Drone Destination's Days Sales Outstanding for the six months ended in Mar. 2024 was 81.07.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Drone Destination's liquidation value for the six months ended in Mar. 2024 was ₹139.0 Mil.

Drone Destination Change In Receivables Historical Data

The historical data trend for Drone Destination'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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Drone Destination Change In Receivables Chart

Drone Destination Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Change In Receivables

-0.56

-2.00

-64.13

-123.33

Drone Destination Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Change In Receivables	-0.56	-2.00	-64.13	-123.33

Drone Destination 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 ₹-123.3 Mil.

Drone Destination (NSE:DRONE) 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.

Drone Destination's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	141.351	/	318.214	*	91
=	81.07

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

Drone Destination'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)
=	164.2	-	143.96	+	0.75 * 141.351	+	0.5 * 25.469
=	139.0

Drone Destination Change In Receivables Related Terms

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Drone Destination Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Drone Destination Ltd (NSE:DRONE) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Office. No 005B & 006, Ground Floor, NSIC-MDBP Building, Okhla Industrial Estate, Delhi, IND, 110020

Website

https://www.thedronedestination.com

Drone Destination Ltd is a DGCA-authorized Remote Pilot Training Organization that has developed an integrated drone eco-system built around drone manufacturing, certified training, services, and renting a drone. The company operates a massive network of DGCA-certified Drone Pilot Training Programs. Drone Destination currently operates nine Drone Hubs at Gurugram, Dharamshala, Chandigarh, Gwalior, Ahmedabad, Bangalore, Coimbatore, Madurai, and IFFCO Phulpur.

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