Mahickra Chemicals (NSE:MAHICKRA) Change In Receivables : ₹53.9 Mil (TTM As of Sep. 2023)

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What is Mahickra Chemicals Change In Receivables?

Mahickra Chemicals's change in receivables for the quarter that ended in Sep. 2023 was ₹37.9 Mil. It means Mahickra Chemicals's Accounts Receivable declined by ₹37.9 Mil from Mar. 2023 to Sep. 2023 .

Mahickra Chemicals's change in receivables for the fiscal year that ended in Mar. 2023 was ₹13.4 Mil. It means Mahickra Chemicals's Accounts Receivable declined by ₹13.4 Mil from Mar. 2022 to Mar. 2023 .

Mahickra Chemicals's Accounts Receivable for the quarter that ended in Sep. 2023 was ₹329.6 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. Mahickra Chemicals's Days Sales Outstanding for the six months ended in Sep. 2023 was 164.98.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Mahickra Chemicals's liquidation value for the six months ended in Sep. 2023 was ₹33.3 Mil.

Mahickra Chemicals Change In Receivables Historical Data

The historical data trend for Mahickra Chemicals'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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Mahickra Chemicals Change In Receivables Chart

Mahickra Chemicals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-88.10

-18.53

-64.83

-42.29

13.40

Mahickra Chemicals Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial												-17.83	-24.46	-2.57	15.97	37.92

Mahickra Chemicals 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 ₹53.9 Mil.

Mahickra Chemicals (NSE:MAHICKRA) 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.

Mahickra Chemicals's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	329.647	/	364.645	*	91
=	164.98

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

Mahickra Chemicals'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)
=	0.277	-	332.748	+	0.75 * 329.647	+	0.5 * 237.027
=	33.3

Mahickra Chemicals Change In Receivables Related Terms

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Mahickra Chemicals (NSE:MAHICKRA) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Mahickra Chemicals Ltd (NSE:MAHICKRA) » Definitions » Change In Receivables

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Address

Plot No. 1201-1202, Phase-3, G.I.D.C Estate, Vatva, Ahmedabad, GJ, IND, 382445

Website

https://www.mahickra.com

Mahickra Chemicals Ltd is an India based company engaged in the business of manufacturing of dyes and chemicals. It also exports dyes and chemical products. The product portfolio of the company includes Reactive dyes, Acid dyes, Direct dyes, Pigment powder and emulsion, Specialty chemicals and Synthetic food colors.

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