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HOAC Foods India (NSE:HOACFOODS) Change In Receivables : ₹-5.2 Mil (TTM As of Mar. 2023)


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What is HOAC Foods India Change In Receivables?

HOAC Foods India's change in receivables for the quarter that ended in Mar. 2023 was ₹-5.2 Mil. It means HOAC Foods India's Accounts Receivable increased by ₹5.2 Mil from Mar. 2022 to Mar. 2023 .

HOAC Foods India's change in receivables for the fiscal year that ended in Mar. 2023 was ₹-5.2 Mil. It means HOAC Foods India's Accounts Receivable increased by ₹5.2 Mil from Mar. 2022 to Mar. 2023 .

HOAC Foods India's Accounts Receivable for the quarter that ended in Mar. 2023 was ₹10.8 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. HOAC Foods India's Days Sales Outstanding for the six months ended in Mar. 2023 was 16.30.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. HOAC Foods India's liquidation value for the six months ended in Mar. 2023 was ₹-11.0 Mil.


HOAC Foods India Change In Receivables Historical Data

The historical data trend for HOAC Foods India'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.

* Premium members only.

HOAC Foods India Change In Receivables Chart

HOAC Foods India Annual Data
Trend Mar21 Mar22 Mar23
Change In Receivables
-0.81 -6.95 -5.19

HOAC Foods India Semi-Annual Data
Mar21 Mar22 Mar23
Change In Receivables -0.81 -6.95 -5.19

HOAC Foods India 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2023 was ₹-5.2 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.


HOAC Foods India  (NSE:HOACFOODS) 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.

HOAC Foods India's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=10.793/120.856*91
=16.30

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

HOAC Foods India's liquidation value for the quarter that ended in Mar. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3.333-33.457+0.75 * 10.793+0.5 * 21.973
=-11.0

* 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.


HOAC Foods India Change In Receivables Related Terms

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HOAC Foods India Business Description

Traded in Other Exchanges
N/A
Address
D-498, 1st Floor Palam Extension, Sector-7 Dwarka, Raj Nagar - II, South West Delhi, New Delhi, IND, 110077
HOAC Foods India Ltd is engaged in the manufacturing of flour (chakki atta), herbs & spices, unpolished pulses, grains, and yellow mustard oil. Its product portfolio is comprised of 4 categories which include products such as Spices & Herbs, Oil, Wheat Flour (Chakki Atta) & Healthy Flour, Pulses, Rice & Grain, and other food products with 153 product SKUs. The company sells its product under the brand name "HARIOM," and most of the sales are derived from the Delhi-NCR region. The franchise network comprises 4 company-owned outlets and 6 franchise-owned outlets.

HOAC Foods India Headlines

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