Ice Make Refrigeration (NSE:ICEMAKE) Change In Receivables : ₹0 Mil (TTM As of Mar. 2024)

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What is Ice Make Refrigeration Change In Receivables?

Ice Make Refrigeration's change in receivables for the quarter that ended in Mar. 2024 was ₹0 Mil. It means Ice Make Refrigeration's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Ice Make Refrigeration's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-201 Mil. It means Ice Make Refrigeration's Accounts Receivable increased by ₹201 Mil from Mar. 2023 to Mar. 2024 .

Ice Make Refrigeration's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹650 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. Ice Make Refrigeration's Days Sales Outstanding for the three months ended in Mar. 2024 was 42.38.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ice Make Refrigeration's liquidation value for the three months ended in Mar. 2024 was ₹-191 Mil.

Ice Make Refrigeration Change In Receivables Historical Data

The historical data trend for Ice Make Refrigeration'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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Ice Make Refrigeration Change In Receivables Chart

Ice Make Refrigeration Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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-75.21

-12.40

-52.69

-208.87

-200.67

Ice Make Refrigeration Quarterly Data
	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Ice Make Refrigeration 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

Ice Make Refrigeration (NSE:ICEMAKE) 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.

Ice Make Refrigeration's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	649.818	/	1399.191	*	91
=	42.38

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

Ice Make Refrigeration's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	95.556	-	1073.006	+	0.75 * 649.818	+	0.5 * 599.054
=	-191

Ice Make Refrigeration Change In Receivables Related Terms

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Ice Make Refrigeration (NSE:ICEMAKE) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ice Make Refrigeration Ltd (NSE:ICEMAKE) » Definitions » Change In Receivables

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Address

226, Gota-Vadsar Road, Dantali Industrial Estate, Taluka Kalol, Dantali, Near Ahmedabad City, Gandhinagar, GJ, IND, 382721

Website

https://www.icemakeindia.com

Ice Make Refrigeration Ltd is a refrigeration equipment manufacturer, engaged in providing cooling solutions. The company's only operating segment being the Manufacturing of Cold Rooms, Freezer, Refrigeration Systems, and chilling Plant. It serves dairy, ice cream, food processing, agriculture, pharmaceuticals, cold chain, logistics, hospitals, hospitality, retail, and other industries. The company's product offering includes Bulk Milk Chiller, Curd Incubation Chamber, Glass Door Display Chiller, Mortuary Chamber, Refrigerated Container, and other related products.

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