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MCON Rasayan India (NSE:MCON) Change In Receivables : ₹-67.6 Mil (TTM As of Mar. 2024)


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What is MCON Rasayan India Change In Receivables?

MCON Rasayan India's change in receivables for the quarter that ended in Mar. 2024 was ₹-48.9 Mil. It means MCON Rasayan India's Accounts Receivable increased by ₹48.9 Mil from Sep. 2023 to Mar. 2024 .

MCON Rasayan India's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-67.6 Mil. It means MCON Rasayan India's Accounts Receivable increased by ₹67.6 Mil from Mar. 2023 to Mar. 2024 .

MCON Rasayan India's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹170.4 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. MCON Rasayan India's Days Sales Outstanding for the six months ended in Mar. 2024 was 124.96.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. MCON Rasayan India's liquidation value for the six months ended in Mar. 2024 was ₹-108.8 Mil.

MCON Rasayan India Change In Receivables Historical Data

The historical data trend for MCON Rasayan India'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.

MCON Rasayan India Change In Receivables Chart

MCON Rasayan India Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Change In Receivables
30.56 -4.56 -15.58 -51.05 -67.61

MCON Rasayan India Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Change In Receivables Get a 7-Day Free Trial - -9.83 -41.23 -18.66 -48.95

MCON Rasayan India 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 ₹-67.6 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.

MCON Rasayan India  (NSE:MCON) 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.

MCON Rasayan India's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=170.35/248.8*91
=124.96

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

MCON Rasayan India'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)
=6.999-299.61+0.75 * 170.35+0.5 * 112.079
=-108.8

* 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.

MCON Rasayan India Change In Receivables Related Terms

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MCON Rasayan India Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » MCON Rasayan India Ltd (NSE:MCON) » Definitions » Change In Receivables
Comparable Companies
BOM:506605 NSE:SILKFLEX BOM:544265 BOM:531163 BOM:524336 BOM:533029 BOM:544351 NSE:AMBANIORGO BOM:531454 BOM:540204 LIN XPAR:AI SHW ECL APD XSWX:GIVN ISX:TPIA XSWX:SIKA OCSE:NSIS B XAMS:DSFIR
Traded in Other Exchanges
N/A
Address
Plot-169, Off link road, CTS-104 Bangur Nagar, 101/A, 1st Floor, Maxheal House, Goregaon West, Near Ayyappa Temple, Mumbai-, MH, IND, 400090
Website
https://www.mconrasayan.com
MCON Rasayan India Ltd is the manufacturer and supplier of high-quality construction chemicals and building finishing products for the Indian industry and overseas markets. The company has a suite of products including a range of construction materials and construction chemicals in both powder and liquid forms. The Powder products of the company are Ready-mix plaster, Tile adhesives, Block adhesives, Wall putty, Micro concrete, and others.

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