Globesecure Technologies (NSE:GSTL) Change In Receivables : ₹-18.1 Mil (TTM As of Sep. 2023)

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What is Globesecure Technologies Change In Receivables?

Globesecure Technologies's change in receivables for the quarter that ended in Sep. 2023 was ₹-18.1 Mil. It means Globesecure Technologies's Accounts Receivable increased by ₹18.1 Mil from Mar. 2023 to Sep. 2023 .

Globesecure Technologies's change in receivables for the fiscal year that ended in Mar. 2023 was ₹102.5 Mil. It means Globesecure Technologies's Accounts Receivable declined by ₹102.5 Mil from Mar. 2022 to Mar. 2023 .

Globesecure Technologies's Accounts Receivable for the quarter that ended in Sep. 2023 was ₹45.4 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. Globesecure Technologies's Days Sales Outstanding for the six months ended in Sep. 2023 was 82.47.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Globesecure Technologies's liquidation value for the six months ended in Sep. 2023 was ₹-70.5 Mil.

Globesecure Technologies Change In Receivables Historical Data

The historical data trend for Globesecure Technologies'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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Globesecure Technologies Change In Receivables Chart

Globesecure Technologies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

-82.93

-50.29

-48.14

-124.99

102.52

Globesecure Technologies Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial			16.02	-141.01	102.52	-	-18.06

Globesecure Technologies 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-18.1 Mil.

Globesecure Technologies (NSE:GSTL) 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.

Globesecure Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	45.42	/	100.517	*	91
=	82.47

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

Globesecure Technologies's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.213	-	158.25	+	0.75 * 45.42	+	0.5 * 102.92
=	-70.5

Globesecure Technologies Change In Receivables Related Terms

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Globesecure Technologies (NSE:GSTL) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Globesecure Technologies Ltd (NSE:GSTL) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

B-614, 215 Atrium, Kanakia Spacs, Near Courtyard Marriott Hotel, Andheri (East), Mumbai, MH, IND, 400069

Website

https://www.globesecure.in

Globesecure Technologies Ltd is a digital transformation company in India that offers cyber security services. The company's business line is classified into three divisions namely Cyber Security, Integrated Enterprise Solutions, and Managed Services including cyber forensics, cyber security, data security services, protection of computer networks, Email security, server consolidation and transformation, hosting, infrastructure-as-a-service, cloud-based big data and analytics solution, application modernization and others. The company generates its revenue from Sales of IT and IT-enabled services.

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