Karnika Industries (NSE:KARNIKA) Change In Receivables : ₹-132 Mil (TTM As of Mar. 2023)

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What is Karnika Industries Change In Receivables?

Karnika Industries's change in receivables for the quarter that ended in Mar. 2023 was ₹-132 Mil. It means Karnika Industries's Accounts Receivable increased by ₹132 Mil from Mar. 2022 to Mar. 2023 .

Karnika Industries's change in receivables for the fiscal year that ended in Mar. 2023 was ₹-132 Mil. It means Karnika Industries's Accounts Receivable increased by ₹132 Mil from Mar. 2022 to Mar. 2023 .

Karnika Industries's Accounts Receivable for the quarter that ended in Mar. 2023 was ₹402 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 Mar. 2023 was 56.04.

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 Mar. 2023 was ₹-267 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.

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Karnika Industries Change In Receivables Chart

Karnika Industries Annual Data

Trend

Mar21

Mar22

Mar23

Change In Receivables

-72.67

-108.60

-132.13

Karnika Industries Semi-Annual Data
	Mar21	Mar22	Mar23
Change In Receivables	-72.67	-108.60	-132.13

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.

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 ₹-132 Mil.

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 Mar. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	402.151	/	1309.595	*	91
=	56.04

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 Mar. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	15.519	-	826.421	+	0.75 * 402.151	+	0.5 * 485.366
=	-267

Karnika Industries Change In Receivables Related Terms

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Karnika Industries (NSE:KARNIKA) Business Description

Industry

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

Comparable Companies

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 an ISO 14001:2015 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 that are equipped with all the necessary hi-tech machines and tools that are required for a modern manufacturing unit.

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