Kundan Edifice (NSE:KEL) Change In Receivables : ₹-97.2 Mil (TTM As of Mar. 2024)

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

What is Kundan Edifice Change In Receivables?

Kundan Edifice's change in receivables for the quarter that ended in Mar. 2024 was ₹-97.2 Mil. It means Kundan Edifice's Accounts Receivable increased by ₹97.2 Mil from Mar. 2023 to Mar. 2024 .

Kundan Edifice's change in receivables for the fiscal year that ended in Mar. 2023 was ₹-9.7 Mil. It means Kundan Edifice's Accounts Receivable increased by ₹9.7 Mil from Mar. 2022 to Mar. 2023 .

Kundan Edifice's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹83.2 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. Kundan Edifice's Days Sales Outstanding for the six months ended in Mar. 2024 was 18.09.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kundan Edifice's liquidation value for the six months ended in Mar. 2024 was ₹-36.5 Mil.

Kundan Edifice Change In Receivables Historical Data

The historical data trend for Kundan Edifice'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.

Kundan Edifice Change In Receivables Chart

Kundan Edifice Annual Data

Trend

Mar21

Mar22

Mar23

Change In Receivables

-1.57

-16.59

-9.67

Kundan Edifice Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Change In Receivables	-1.57	-16.59	-9.67	-97.25

Kundan Edifice 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. 2024 was ₹-97.2 Mil.

Kundan Edifice (NSE:KEL) 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.

Kundan Edifice's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	83.152	/	839.027	*	91
=	18.09

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

Kundan Edifice'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)
=	41.841	-	255.29	+	0.75 * 83.152	+	0.5 * 229.215
=	-36.5

Kundan Edifice Change In Receivables Related Terms

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

Kundan Edifice Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kundan Edifice Ltd (NSE:KEL) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dattapada Road, 291, Kundan House, Borivali East, Mumbai, MH, IND, 400066

Website

https://www.kundanedifice.com

Kundan Edifice Ltd is a Company engaged in manufacturing, assembly, and sale of light-emitting diode (LED) strip lights. The company provides lighting solutions to some of the key electrical and electronic manufacturing brands in India. The Company has one reportable segment which is the business of Manufacturing & Selling LED Strip Lights.

Kundan Edifice Headlines

No Headlines