Finolex Cables (NSE:FINCABLES) Change In Receivables : ₹0 Mil (TTM As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Finolex Cables Change In Receivables?

Finolex Cables's change in receivables for the quarter that ended in Mar. 2024 was ₹0 Mil. It means Finolex Cables's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Finolex Cables's change in receivables for the fiscal year that ended in Mar. 2024 was ₹375 Mil. It means Finolex Cables's Accounts Receivable declined by ₹375 Mil from Mar. 2023 to Mar. 2024 .

Finolex Cables's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹1,775 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. Finolex Cables's Days Sales Outstanding for the three months ended in Mar. 2024 was 11.56.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Finolex Cables's liquidation value for the three months ended in Mar. 2024 was ₹24,853 Mil.

Finolex Cables Change In Receivables Historical Data

The historical data trend for Finolex Cables'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.

Finolex Cables Change In Receivables Chart

Finolex Cables Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

Get a 7-Day Free Trial

180.40

99.80

-261.00

-401.90

375.00

Finolex Cables Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Finolex Cables 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

Finolex Cables (NSE:FINCABLES) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1774.7	/	14010.2	*	91
=	11.56

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

Finolex Cables'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)
=	27533.4	-	6893	+	0.75 * 1774.7	+	0.5 * 5763.3
=	24,853

Finolex Cables Change In Receivables Related Terms

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

Finolex Cables (NSE:FINCABLES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Finolex Cables Ltd (NSE:FINCABLES) » Definitions » Change In Receivables

Traded in Other Exchanges

500144:India

Address

26-27 Mumbai-Pune Road, Pimpri, Pune, MH, IND, 411018

Website

https://finolex.com

Finolex Cables Ltd is an electronic components company. The operating segments of the group are Electrical cables, Communication cables, Copper rods and Others - Trading of Electrical and other goods. It derives a majority of revenue from the Electrical cables segment. The group offers products like Wires and cables, Optical fibre cables, Switches, LED lightings, Fans, MCB, Water heater and other products. Geographically the business presence of the firm can be seen in the Indian and International market.

Finolex Cables (NSE:FINCABLES) Headlines

No Headlines