Madras Fertilizers (NSE:MADRASFERT) Change In Receivables: ₹0 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:MADRASFERT Madras Fertilizers Ltd NSE:MADRASFERT
69 GF Score
Price ₹66.41
GF Value ₹263.42
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Madras Fertilizers Change In Receivables?

Madras Fertilizers NSE:MADRASFERT -1.00% 69 Change In Receivables is ₹0 Mil as of Mar. 2026. GuruFocus rates NSE:MADRASFERT with a GF Score™ of 69/100 and a GF Value™ of ₹263.42 (Possible Value Trap). The stock has 4 warning signs investors should review.

Madras Fertilizers's change in receivables for the quarter that ended in Mar. 2026 was ₹0 Mil. It means Madras Fertilizers's Accounts Receivable stayed the same from Dec. 2025 to Mar. 2026 .

Madras Fertilizers's change in receivables for the fiscal year that ended in Mar. 2026 was ₹-832 Mil. It means Madras Fertilizers's Accounts Receivable increased by ₹832 Mil from Mar. 2025 to Mar. 2026 .

Madras Fertilizers's Accounts Receivable for the quarter that ended in Mar. 2026 was ₹4,723 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. Madras Fertilizers's Days Sales Outstanding for the three months ended in Mar. 2026 was 61.64.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Madras Fertilizers's liquidation value for the three months ended in Mar. 2026 was ₹-11,327 Mil.


Madras Fertilizers  (NSE:MADRASFERT) 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.

Madras Fertilizers's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4723.4/6992.1*91
=61.64

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

Madras Fertilizers's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=6700.3-22405.8+0.75 * 4723.4+0.5 * 1671.5
=-11,327

* 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.


Madras Fertilizers Change In Receivables Related Terms


Madras Fertilizers Change In Receivables Historical Data

* Premium members only.

The historical data trend for Madras Fertilizers'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.

Madras Fertilizers Change In Receivables Chart

Madras Fertilizers Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7,138.30 4,764.20 1,792.60 -508.00 -832.00

Madras Fertilizers Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
NSE:MADRASFERT
69GF Score
Madras Fertilizers Ltd NSE:MADRASFERT
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Madras Fertilizers 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of ₹0 Mil mean?
Madras Fertilizers (NSE:MADRASFERT) has a Change In Receivables of ₹0 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Madras Fertilizers and its competitors.
Is Madras Fertilizers' Change In Receivables too high?
Madras Fertilizers' current Change In Receivables is ₹0 Mil. Overall, Madras Fertilizers has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Madras Fertilizers' Change In Receivables compare to CTVA and CF?
Madras Fertilizers' Change In Receivables of ₹0 Mil can be compared against companies in the Agriculture industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for an Agriculture company?
A good Change In Receivables depends on the Agriculture industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Madras Fertilizers and its competitors. Madras Fertilizers's current Change In Receivables is ₹0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madras Fertilizers stock overvalued right now?
Based on GuruFocus' analysis, Madras Fertilizers (NSE:MADRASFERT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹263.42, compared to a current price of ₹66.41 — trading 74.8% below its estimated fair value. The current Change In Receivables is ₹0 Mil. Madras Fertilizers' overall GF Score™ is 69/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Madras Fertilizers (NSE:MADRASFERT), the current Change In Receivables is ₹0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Madras Fertilizers (NSE:MADRASFERT) Overvalued in 2026?

Based on GuruFocus' analysis, Madras Fertilizers stock appears to be undervalued. The current stock price of ₹66.41 is trading 74.8% below its estimated GF Value™ of ₹263.42. GuruFocus considers Madras Fertilizers to be Possible Value Trap.

Key valuation signals for NSE:MADRASFERT:

  • Change In Receivables: ₹0 Mil
  • GF Value™: ₹263.42 vs. price of ₹66.41 (74.8% below fair value)
  • GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the NSE:MADRASFERT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Madras Fertilizers Business Description

Other Exchanges 590134:India
Address Post Bag No. 2, Manali, Chennai, TN, IND, 600068
Madras Fertilizers Ltd is engaged in the manufacture of ammonia, urea, and complex fertilizers. It is also engaged in manufacturing bio-fertilizers and marketing fertilizers and agrochemicals under the brand name Vijay. The company operates through the manufacture and sale of fertilizers segment. It also provides biofertilizers, including Azospirillum for paddy, plantation crops, and other crops; Rhizobium for groundnuts and pulses; and Phosphor Bacteria and NP Bio for various crops.
69GF Score

Get the complete analysis for NSE:MADRASFERT

Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹66.41
Price
₹263.42
GF Value