Kritika Wires (NSE:KRITIKA) Change In Receivables : ₹-64 Mil (TTM As of Mar. 2024)

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What is Kritika Wires Change In Receivables?

Kritika Wires's change in receivables for the quarter that ended in Mar. 2024 was ₹207 Mil. It means Kritika Wires's Accounts Receivable declined by ₹207 Mil from Sep. 2023 to Mar. 2024 .

Kritika Wires's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-64 Mil. It means Kritika Wires's Accounts Receivable increased by ₹64 Mil from Mar. 2023 to Mar. 2024 .

Kritika Wires's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹420 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. Kritika Wires's Days Sales Outstanding for the six months ended in Mar. 2024 was 33.92.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kritika Wires's liquidation value for the six months ended in Mar. 2024 was ₹105 Mil.

Kritika Wires Change In Receivables Historical Data

The historical data trend for Kritika Wires'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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Kritika Wires Change In Receivables Chart

Kritika Wires Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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168.96

-80.57

75.90

150.36

-64.30

Kritika Wires Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Change In Receivables	Get a 7-Day Free Trial												-54.84	-	-	-270.90	206.60

Kritika Wires 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-64 Mil.

Kritika Wires (NSE:KRITIKA) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	419.756	/	2258.119	*	91
=	33.92

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

Kritika Wires'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)
=	253.134	-	681.972	+	0.75 * 419.756	+	0.5 * 438
=	105

Kritika Wires Change In Receivables Related Terms

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Kritika Wires (NSE:KRITIKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kritika Wires Ltd (NSE:KRITIKA) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Plot-BG-12, Bus Terminus and Commercial Complex, Unit no. 201, 2nd Floor, AA-I, New Town Pride Hotel Building, Opposite to NOVOTEL, Kolkata, WB, IND, 700156

Website

https://www.kritikawires.com

Kritika Wires Ltd is engaged in the manufacturing of galvanized steel wires and wire products. The company is focused on exporting and supplying Industrial Steel. The company's products are used for the transmission and distribution of electricity, and the manufacturing of concrete slippers, poles, bridges, and other infrastructure facilities. The products of the company include Mild Steel Wire, GI Stay Wire, Spring Steel Wire, Barbed Wire, and others.

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