GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Forge Auto International Ltd (NSE:FORGEAUTO) » Definitions » Change In Receivables

Forge Auto International (NSE:FORGEAUTO) Change In Receivables : ₹0 Mil (TTM As of Mar. 2023)


View and export this data going back to 2024. Start your Free Trial

What is Forge Auto International Change In Receivables?

Forge Auto International's change in receivables for the quarter that ended in Mar. 2023 was ₹0 Mil. It means Forge Auto International's Accounts Receivable stayed the same from Mar. 2022 to Mar. 2023 .

Forge Auto International's change in receivables for the fiscal year that ended in Mar. 2024 was ₹80 Mil. It means Forge Auto International's Accounts Receivable declined by ₹80 Mil from Mar. 2023 to Mar. 2024 .

Forge Auto International's Accounts Receivable for the quarter that ended in Mar. 2023 was ₹319 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Forge Auto International's liquidation value for the three months ended in Mar. 2023 was ₹-316 Mil.

Forge Auto International Change In Receivables Historical Data

The historical data trend for Forge Auto International'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.

Forge Auto International Change In Receivables Chart

Forge Auto International Annual Data
Trend Mar22 Mar23 Mar24
Change In Receivables
-74.85 -112.34 79.77

Forge Auto International Quarterly Data
Mar22 Mar23 Mar24
Change In Receivables - - -

Forge Auto International 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 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.

Forge Auto International  (NSE:FORGEAUTO) 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.

Forge Auto International's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=319.02/0*91
=

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

Forge Auto International'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)
=0.345-661.395+0.75 * 319.02+0.5 * 211.926
=-316

* 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.

Forge Auto International Change In Receivables Related Terms

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

Forge Auto International Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Forge Auto International Ltd (NSE:FORGEAUTO) » Definitions » Change In Receivables
Comparable Companies
Traded in Other Exchanges
N/A
Address
Machhiwara Road, Village Mangarh, Kohara, Ludhiana, PB, IND, 141001
Website
https://www.failtd.com
Forge Auto International Ltd is an engineering company engaged in forging and manufacturing of complex and safety-critical, forged and precision machined components such as big rings, small rings, big ball studs, gear blank with a broach, stub axle assembly, flange yoke 325 HS, catering to different industry sectors like auto industry including automobiles, tractors, railways etc. and non-auto sectors like agriculture parts, hydraulic parts, striking tools etc. It serves its customers comprising of domestic and global original equipment manufacturers (OEMs) engaged in manufacturing for both the automotive sector and other nonautomotive sector, used across industries by a diversified base of customers.

Forge Auto International Headlines

No Headlines