Foce India (NSE:FOCE) Change In Receivables: ₹-264 Mil (TTM As of Sep. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:FOCE Foce India Ltd NSE:FOCE
73 GF Score
Price ₹487.00
GF Value ₹746.47
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Foce India Change In Receivables?

Foce India NSE:FOCE 73 Change In Receivables is ₹-264 Mil as of Sep. 2025. GuruFocus rates NSE:FOCE with a GF Score™ of 73/100 and a GF Value™ of ₹746.47 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Foce India's change in receivables for the quarter that ended in Sep. 2025 was ₹-112 Mil. It means Foce India's Accounts Receivable increased by ₹112 Mil from Mar. 2025 to Sep. 2025 .

Foce India's change in receivables for the fiscal year that ended in Mar. 2025 was ₹-126 Mil. It means Foce India's Accounts Receivable increased by ₹126 Mil from Mar. 2024 to Mar. 2025 .

Foce India's Accounts Receivable for the quarter that ended in Sep. 2025 was ₹675 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. Foce India's Days Sales Outstanding for the six months ended in Sep. 2025 was 210.21.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Foce India's liquidation value for the six months ended in Sep. 2025 was ₹-360 Mil.

Foce India  (NSE:FOCE) 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.

Foce India's Days Sales Outstanding for the quarter that ended in Sep. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=675.153/586.154*91
=210.21

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

Foce India's liquidation value for the quarter that ended in Sep. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=14.943-1073.772+0.75 * 675.153+0.5 * 385.153
=-360

* 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.

Foce India Change In Receivables Related Terms

Foce India Change In Receivables Historical Data

* Premium members only.

The historical data trend for Foce India'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.

Foce India Change In Receivables Chart

Foce India Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Change In Receivables
Get a 7-Day Free Trial -217.85 99.80 118.71 -347.74 -126.24

Foce India Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -216.02 -131.72 25.68 -151.91 -111.69
NSE:FOCE
73GF Score
Foce India Ltd NSE:FOCE
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Foce India 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. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-264 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of ₹-264 Mil mean?
Foce India (NSE:FOCE) has a Change In Receivables of ₹-264 Mil as of Sep. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Foce India and its competitors.
Is Foce India's Change In Receivables too high?
Foce India's current Change In Receivables is ₹-264 Mil. Overall, Foce India has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Foce India's Change In Receivables compare to TPR?
Foce India's Change In Receivables of ₹-264 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Retail - Cyclical company?
A good Change In Receivables depends on the Retail - Cyclical industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Foce India and its competitors. Foce India's current Change In Receivables is ₹-264 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Foce India stock overvalued right now?
Based on GuruFocus' analysis, Foce India (NSE:FOCE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹746.47, compared to a current price of ₹487.00 — trading 34.8% below its estimated fair value. The current Change In Receivables is ₹-264 Mil. Foce India's overall GF Score™ is 73/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Foce India (NSE:FOCE), the current Change In Receivables is ₹-264 Mil as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Foce India (NSE:FOCE) Overvalued in 2026?

Based on GuruFocus' analysis, Foce India stock appears to be undervalued. The current stock price of ₹487.00 is trading 34.8% below its estimated GF Value™ of ₹746.47. GuruFocus considers Foce India to be Significantly Undervalued.

Key valuation signals for NSE:FOCE:

  • Change In Receivables: ₹-264 Mil
  • GF Value™: ₹746.47 vs. price of ₹487.00 (34.8% below fair value)
  • GF Score™: 73/100 with 4 warning signs

No single metric tells the full story. See the NSE:FOCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Foce India Business Description

Address Shastri Nagar, 4, Kingston, Lokhandwala Complex, Andheri West, Mumbai, MH, IND, 400053
Foce India Ltd manufactures and imports wrist watches under various brand names. It mainly focuses on offering watches in the mid-range segment with distribution of many retail stores across the country, with an imposing list of clientele in the corporate segment. The company's product portfolio comprises analog watches, automatic watches, multifunction watches, and sunglasses across metal, silicon, and leather categories. The group's operating business segments are: Trading Activities and Renting of Immovable Property. Geographically, it operates only in India.
73GF Score

Get the complete analysis for NSE:FOCE

Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹487.00
Price
₹746.47
GF Value