Happy Forgings (NSE:HAPPYFORGE) Change In Receivables: ₹0 Mil (TTM As of Jun. 2026)

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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:HAPPYFORGE Happy Forgings Ltd NSE:HAPPYFORGE
57 GF Score
Price ₹2,211.80
GF Value ₹1,350.48
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Happy Forgings Change In Receivables?

Happy Forgings NSE:HAPPYFORGE -5.00% 57 Change In Receivables is ₹0 Mil as of Jun. 2026. GuruFocus rates NSE:HAPPYFORGE with a GF Score™ of 57/100 and a GF Value™ of ₹1,350.48 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Happy Forgings's change in receivables for the quarter that ended in Jun. 2026 was ₹0 Mil. It means Happy Forgings's Accounts Receivable stayed the same from Mar. 2026 to Jun. 2026 .

Happy Forgings's change in receivables for the fiscal year that ended in Mar. 2026 was ₹346 Mil. It means Happy Forgings's Accounts Receivable declined by ₹346 Mil from Mar. 2025 to Mar. 2026 .

Happy Forgings's Accounts Receivable for the quarter that ended in Jun. 2026 was ₹0 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. Happy Forgings's Days Sales Outstanding for the three months ended in Jun. 2026 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Happy Forgings's liquidation value for the three months ended in Jun. 2026 was ₹0 Mil.

Happy Forgings  (NSE:HAPPYFORGE) 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.

Happy Forgings's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/4494.223*91
=0.00

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

Happy Forgings's liquidation value for the quarter that ended in Jun. 2026 is calculated as:

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

Happy Forgings Change In Receivables Related Terms

Happy Forgings Change In Receivables Historical Data

* Premium members only.

The historical data trend for Happy Forgings'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.

Happy Forgings Change In Receivables Chart

Happy Forgings Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Change In Receivables
Get a 7-Day Free Trial -561.04 -827.23 -479.88 -669.88 345.95

Happy Forgings Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
NSE:HAPPYFORGE
57GF Score
Happy Forgings Ltd NSE:HAPPYFORGE
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Happy Forgings 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 Jun. 2026 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of ₹0 Mil mean?
Happy Forgings (NSE:HAPPYFORGE) has a Change In Receivables of ₹0 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Happy Forgings and its competitors.
Is Happy Forgings' Change In Receivables too high?
Happy Forgings' current Change In Receivables is ₹0 Mil. Overall, Happy Forgings has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Happy Forgings' Change In Receivables compare to CRS and ATI?
Happy Forgings' Change In Receivables of ₹0 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Change In Receivables depends on the Industrial Products 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 Happy Forgings and its competitors. Happy Forgings's current Change In Receivables is ₹0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happy Forgings stock overvalued right now?
Based on GuruFocus' analysis, Happy Forgings (NSE:HAPPYFORGE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,350.48, compared to a current price of ₹2,211.80 — trading 63.8% above its estimated fair value. The current Change In Receivables is ₹0 Mil. Happy Forgings' overall GF Score™ is 57/100 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 Happy Forgings (NSE:HAPPYFORGE), the current Change In Receivables is ₹0 Mil as of Jun. 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.

Is Happy Forgings (NSE:HAPPYFORGE) Overvalued in 2026?

Based on GuruFocus' analysis, Happy Forgings stock appears to be overvalued. The current stock price of ₹2,211.80 is trading 63.8% above its estimated GF Value™ of ₹1,350.48. GuruFocus considers Happy Forgings to be Significantly Overvalued.

Key valuation signals for NSE:HAPPYFORGE:

  • Change In Receivables: ₹0 Mil
  • GF Value™: ₹1,350.48 vs. price of ₹2,211.80 (63.8% above fair value)
  • GF Score™: 57/100 with 4 warning signs

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

Happy Forgings Business Description

Other Exchanges 544057:India
Address H.B 220, Post Office - Rajgarh, Village Dugri, Ludhiana, PB, IND, 141 421
Happy Forgings Ltd is a manufacturer specializing in designing and manufacturing heavy forgings and high-precision machined components. The company manufactures, designs, and tests various products such as crankshafts, front axle carriers, steering knuckles, differential housings, transmission parts, pinion shafts, suspension products, and valve bodies for different industries and customers. The Company business comprises only the Forging segment where the company sells forged products comprising of forgings and machined components for the automotive and industrial sectors. The company generates the majority of its revenue within India.
57GF Score

Get the complete analysis for NSE:HAPPYFORGE

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

₹2,211.80
Price
₹1,350.48
GF Value