HLE Glascoat (NSE:HLEGLAS) Change In Receivables: ₹0 Mil (TTM As of Mar. 2026)

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NSE:HLEGLAS HLE Glascoat Ltd NSE:HLEGLAS
92 GF Score
Price ₹379.60
GF Value ₹622.20
Valuation Significantly Undervalued
! 4 Warning Signs
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What is HLE Glascoat Change In Receivables?

HLE Glascoat NSE:HLEGLAS -20.00% 92 Change In Receivables is ₹0 Mil as of Mar. 2026. GuruFocus rates NSE:HLEGLAS with a GF Score™ of 92/100 and a GF Value™ of ₹622.20 (Significantly Undervalued). The stock has 4 warning signs investors should review.

HLE Glascoat's change in receivables for the quarter that ended in Mar. 2026 was ₹0 Mil. It means HLE Glascoat's Accounts Receivable stayed the same from Dec. 2025 to Mar. 2026 .

HLE Glascoat's change in receivables for the fiscal year that ended in Mar. 2026 was ₹-1,298 Mil. It means HLE Glascoat's Accounts Receivable increased by ₹1,298 Mil from Mar. 2025 to Mar. 2026 .

HLE Glascoat's Accounts Receivable for the quarter that ended in Mar. 2026 was ₹2,699 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. HLE Glascoat's Days Sales Outstanding for the three months ended in Mar. 2026 was 62.87.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. HLE Glascoat's liquidation value for the three months ended in Mar. 2026 was ₹-3,168 Mil.


HLE Glascoat  (NSE:HLEGLAS) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2698.851/3916.907*91
=62.87

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

HLE Glascoat'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)
=664.092-7635.507+0.75 * 2698.851+0.5 * 3557.557
=-3,168

* 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.


HLE Glascoat Change In Receivables Related Terms


HLE Glascoat Change In Receivables Historical Data

* Premium members only.

The historical data trend for HLE Glascoat'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.

HLE Glascoat Change In Receivables Chart

HLE Glascoat Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -441.14 -888.90 165.98 452.79 -1,297.72

HLE Glascoat Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
NSE:HLEGLAS
92GF Score
HLE Glascoat Ltd NSE:HLEGLAS
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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HLE Glascoat 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 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?
HLE Glascoat (NSE:HLEGLAS) has a Change In Receivables of ₹0 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for HLE Glascoat and its competitors.
Is HLE Glascoat's Change In Receivables too high?
HLE Glascoat's current Change In Receivables is ₹0 Mil. Overall, HLE Glascoat has a GF Score™ of 92/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HLE Glascoat's Change In Receivables compare to GEV and ETN?
HLE Glascoat's 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 HLE Glascoat and its competitors. HLE Glascoat'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 HLE Glascoat stock overvalued right now?
Based on GuruFocus' analysis, HLE Glascoat (NSE:HLEGLAS) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹622.20, compared to a current price of ₹379.60 — trading 39% below its estimated fair value. The current Change In Receivables is ₹0 Mil. HLE Glascoat's overall GF Score™ is 92/100 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 HLE Glascoat (NSE:HLEGLAS), the current Change In Receivables is ₹0 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.

Is HLE Glascoat (NSE:HLEGLAS) Overvalued in 2026?

Based on GuruFocus' analysis, HLE Glascoat stock appears to be undervalued. The current stock price of ₹379.60 is trading 39% below its estimated GF Value™ of ₹622.20. GuruFocus considers HLE Glascoat to be Significantly Undervalued.

Key valuation signals for NSE:HLEGLAS:

  • Change In Receivables: ₹0 Mil
  • GF Value™: ₹622.20 vs. price of ₹379.60 (39% below fair value)
  • GF Score™: 92/100 with 4 warning signs

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


HLE Glascoat Business Description

Other Exchanges 522215:India
Address Vitthal Udyognagar, Phase - IV, H - 106, G.I.D.C. Estate, District Anand, Anand, GJ, IND, 388121
HLE Glascoat Ltd is a process equipment manufacturer and a solution provider to the chemical and pharmaceutical industries. The company mainly manufactures filtration, glass-lined, and drying equipment. Its product portfolio comprises reactors, receivers, storage tanks, columns, agitators, agitated filters and dryers, rotary vacuum paddle dryers, other chemical process equipment, and related spares and accessories. The company's operating segments are: Filtration, drying and other equipment; Glass-lined equipment; and Heat transfer equipment. Maximum revenue is generated from its glass-lined equipment business. Geographically, the company generates maximum revenue from its business in India, and also exports its products to other markets.
92GF Score

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

₹379.60
Price
₹622.20
GF Value