GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Karnika Industries Ltd (NSE:KARNIKA) » Definitions » Change In Receivables

Karnika Industries (NSE:KARNIKA) Change In Receivables : ₹-206 Mil (TTM As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Karnika Industries Change In Receivables?

Karnika Industries's change in receivables for the quarter that ended in Sep. 2024 was ₹-259 Mil. It means Karnika Industries's Accounts Receivable increased by ₹259 Mil from Mar. 2024 to Sep. 2024 .

Karnika Industries's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-110 Mil. It means Karnika Industries's Accounts Receivable increased by ₹110 Mil from Mar. 2023 to Mar. 2024 .

Karnika Industries's Accounts Receivable for the quarter that ended in Sep. 2024 was ₹763 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. Karnika Industries's Days Sales Outstanding for the six months ended in Sep. 2024 was 143.29.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Karnika Industries's liquidation value for the six months ended in Sep. 2024 was ₹68 Mil.

Karnika Industries Change In Receivables Historical Data

The historical data trend for Karnika Industries'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.

Karnika Industries Change In Receivables Chart

Karnika Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Change In Receivables
-72.67 -108.60 -409.96 -109.70

Karnika Industries Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Change In Receivables Get a 7-Day Free Trial - - -162.49 52.78 -258.74

Karnika Industries 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-206 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.

Karnika Industries  (NSE:KARNIKA) 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.

Karnika Industries's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=762.72/971.401*91
=143.29

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

Karnika Industries's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=8.508-734.048+0.75 * 762.72+0.5 * 443.956
=68

* 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.

Karnika Industries Change In Receivables Related Terms

Thank you for viewing the detailed overview of Karnika Industries's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Karnika Industries Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Karnika Industries Ltd (NSE:KARNIKA) » Definitions » Change In Receivables
Comparable Companies
BOM:523558 NSE:IRISDOREME BOM:538836 BOM:532022 BOM:532613 BOM:521163 NSE:SDREAMS BOM:531119 NSE:PURPLEUTED BOM:530521 OSTO:HM B MIL:MONC RL WAR:LPP TSX:GIL LEVI HKSE:03998 BOM:532827 SHSE:600398 SHSE:600177
Traded in Other Exchanges
N/A
Address
Gurgola Ghat Road P.O. Salkia Howrah, 6&6/1, Kolkata, WB, IND, 711106
Website
http://www.karnikaindustries.com
Karnika Industries Ltd is a certified manufacturer through job work, trader and exporter of garments. It manufactures all types of kids wear through job work, i.e., shorts, joggers, capri, tees, rompers, sleepsuits, pyjamas, winter wear, infant wear, etc. It has constructed well-established manufacturing units for designing, preparation of the sample, quality inspection, ironing and packing of Garments. The company manufactures, through job work, all types of kids wear such as shorts, joggers, capri, tees, rompers, sleep suits, pyjamas, winter wear, infant wear etc.

Karnika Industries Headlines

No Headlines