Galaxy Medicare (NSE:GML) Change In Receivables: ₹-9.2 Mil (TTM As of Mar. 2026)

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NSE:GML Galaxy Medicare Ltd NSE:GML
22 GF Score
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What is Galaxy Medicare Change In Receivables?

Galaxy Medicare NSE:GML +4.49% 22 Change In Receivables is ₹-9.2 Mil as of Mar. 2026. GuruFocus rates NSE:GML with a GF Score™ of 22/100. The stock has 2 warning signs investors should review.

Galaxy Medicare's change in receivables for the quarter that ended in Mar. 2026 was ₹-5.2 Mil. It means Galaxy Medicare's Accounts Receivable increased by ₹5.2 Mil from Sep. 2025 to Mar. 2026 .

Galaxy Medicare's change in receivables for the fiscal year that ended in Mar. 2026 was ₹-9.2 Mil. It means Galaxy Medicare's Accounts Receivable increased by ₹9.2 Mil from Mar. 2025 to Mar. 2026 .

Galaxy Medicare's Accounts Receivable for the quarter that ended in Mar. 2026 was ₹76.2 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. Galaxy Medicare's Days Sales Outstanding for the six months ended in Mar. 2026 was 65.34.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Galaxy Medicare's liquidation value for the six months ended in Mar. 2026 was ₹134.0 Mil.


Galaxy Medicare  (NSE:GML) 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.

Galaxy Medicare's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=76.154/212.716*91
=65.34

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

Galaxy Medicare's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=133.158-84.344+0.75 * 76.154+0.5 * 56.206
=134.0

* 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.


Galaxy Medicare Change In Receivables Related Terms


Galaxy Medicare Change In Receivables Historical Data

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The historical data trend for Galaxy Medicare'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.

Galaxy Medicare Change In Receivables Chart

Galaxy Medicare Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Change In Receivables
4.88 -18.08 15.33 -11.92 -9.20

Galaxy Medicare Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Change In Receivables Get a 7-Day Free Trial 0.00 4.43 -16.35 -4.01 -5.18
NSE:GML
22GF Score
Galaxy Medicare Ltd NSE:GML
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Galaxy Medicare 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. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-9.2 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 ₹-9.2 Mil mean?
Galaxy Medicare (NSE:GML) has a Change In Receivables of ₹-9.2 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Galaxy Medicare and its competitors.
Is Galaxy Medicare's Change In Receivables too high?
Galaxy Medicare's current Change In Receivables is ₹-9.2 Mil. Overall, Galaxy Medicare has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Galaxy Medicare's Change In Receivables compare to ISRG and BDX?
Galaxy Medicare's Change In Receivables of ₹-9.2 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Change In Receivables depends on the Medical Devices & Instruments 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 Galaxy Medicare and its competitors. Galaxy Medicare's current Change In Receivables is ₹-9.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Galaxy Medicare stock overvalued right now?
Galaxy Medicare (NSE:GML) has a current Change In Receivables of ₹-9.2 Mil. The current Change In Receivables is ₹-9.2 Mil. Galaxy Medicare's overall GF Score™ is 22/100 with 2 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 Galaxy Medicare (NSE:GML), the current Change In Receivables is ₹-9.2 Mil as of Mar. 2026. 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.

Galaxy Medicare Business Description

Address Plot No-2, Zone D, Phase A, Mancheswar Industrial Estate, Khurda, Bhubaneswar, OR, IND, 751010
Galaxy Medicare Ltd is engaged into the manufacturing, trading and exporting of Medical Devices, Plasters of Paris Bandages (POP Bandage) and Other surgical dressings in India. Its business encompass: Manufacturing and Branding of its own products under its flagship brands i.e. POP BAND, POP CAST, G CAST, GYPSOSOFT, GYPSOPLAST, CARETAPE, GYPSOCREPE, CARECREPE, CAREPORE GYPSONET, GYPSOCHLOR, FIXCAN ETC.
22GF Score

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

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