Globe International Carriers (NSE:GICL) Change In Receivables : ₹-178 Mil (TTM As of Mar. 2022)

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What is Globe International Carriers Change In Receivables?

Globe International Carriers's change in receivables for the quarter that ended in Mar. 2022 was ₹-148 Mil. It means Globe International Carriers's Accounts Receivable increased by ₹148 Mil from Sep. 2021 to Mar. 2022 .

Globe International Carriers's change in receivables for the fiscal year that ended in Mar. 2023 was ₹20 Mil. It means Globe International Carriers's Accounts Receivable declined by ₹20 Mil from Mar. 2022 to Mar. 2023 .

Globe International Carriers's Accounts Receivable for the quarter that ended in Mar. 2022 was ₹542 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. Globe International Carriers's Days Sales Outstanding for the six months ended in Mar. 2022 was 143.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Globe International Carriers's liquidation value for the six months ended in Mar. 2022 was ₹45 Mil.

Globe International Carriers Change In Receivables Historical Data

The historical data trend for Globe International Carriers'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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Globe International Carriers Change In Receivables Chart

Globe International Carriers Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-11.63

19.07

10.64

-178.01

20.50

Globe International Carriers Semi-Annual Data
	Mar12	Mar13	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Mar23
Change In Receivables	Get a 7-Day Free Trial													25.87	-15.23	-29.61	-148.40	-

Globe International Carriers 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-178 Mil.

Globe International Carriers (NSE:GICL) 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.

Globe International Carriers's Days Sales Outstanding for the quarter that ended in Mar. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	541.946	/	687.084	*	91
=	143.95

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

Globe International Carriers's liquidation value for the quarter that ended in Mar. 2022 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	13.778	-	374.894	+	0.75 * 541.946	+	0.5 * 0
=	45

Globe International Carriers Change In Receivables Related Terms

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Globe International Carriers (NSE:GICL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Globe International Carriers Ltd (NSE:GICL) » Definitions » Change In Receivables

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Traded in Other Exchanges

N/A

Address

Near Mayank Trade Centre, Station Road, 301 - 306, Prakash deep Complex, Jaipur, RJ, IND, 302006

Website

http://www.gicl.co

Globe International Carriers Ltd is an Indian company engaged in the business of providing services for transportation as a Goods Transport Agency. Its services include supply chain management, customs clearance, bulk transportation, transportation of all types of industries goods, bulk transportation, and other related services through open/closed body vehicles and two/three/four-wheeler vehicles, as well as packing and unpacking services of goods. The company provides services within India.

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