Magson Retail and Distribution (NSE:MAGSON) Change In Receivables : ₹-41.7 Mil (TTM As of Sep. 2023)

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What is Magson Retail and Distribution Change In Receivables?

Magson Retail and Distribution's change in receivables for the quarter that ended in Sep. 2023 was ₹-41.7 Mil. It means Magson Retail and Distribution's Accounts Receivable increased by ₹41.7 Mil from Mar. 2023 to Sep. 2023 .

Magson Retail and Distribution's change in receivables for the fiscal year that ended in Mar. 2023 was ₹-7.9 Mil. It means Magson Retail and Distribution's Accounts Receivable increased by ₹7.9 Mil from Mar. 2022 to Mar. 2023 .

Magson Retail and Distribution's Accounts Receivable for the quarter that ended in Sep. 2023 was ₹44.1 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. Magson Retail and Distribution's Days Sales Outstanding for the six months ended in Sep. 2023 was 23.28.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Magson Retail and Distribution's liquidation value for the six months ended in Sep. 2023 was ₹80.7 Mil.

Magson Retail and Distribution Change In Receivables Historical Data

The historical data trend for Magson Retail and Distribution'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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Magson Retail and Distribution Change In Receivables Chart

Magson Retail and Distribution Annual Data

Trend

Mar21

Mar22

Mar23

Change In Receivables

-13.35

-3.73

-7.95

Magson Retail and Distribution Semi-Annual Data
	Mar21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	-	-	-	-	-41.72

Magson Retail and Distribution 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-41.7 Mil.

Magson Retail and Distribution (NSE:MAGSON) 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.

Magson Retail and Distribution's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	44.116	/	345.907	*	91
=	23.28

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

Magson Retail and Distribution's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	95.076	-	94.299	+	0.75 * 44.116	+	0.5 * 93.631
=	80.7

Magson Retail and Distribution Change In Receivables Related Terms

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Magson Retail and Distribution (NSE:MAGSON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Magson Retail and Distribution Ltd (NSE:MAGSON) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Near Judges Bungalows Cross Roads, 204-B, Primate Complex, Opposite Mother Milk Palace, Bodakdev, Ahmedabad, GJ, IND, 380015

Website

https://www.magson.in

Magson Retail and Distribution Ltd is engaged in the retail and Distribution business of gourmet, frozen food, and specialty foods. The company operates retail stores through and own stores, jointly owned stores, and a franchise model under its brand name 'MagSon'. In addition, the company has a separate chocolate store that is operated under the brand name 'My Chocolate World'.

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