Megatherm Induction (NSE:MEGATHERM) Change In Receivables : ₹-103 Mil (TTM As of Mar. 2024)

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What is Megatherm Induction Change In Receivables?

Megatherm Induction's change in receivables for the quarter that ended in Mar. 2024 was ₹-26 Mil. It means Megatherm Induction's Accounts Receivable increased by ₹26 Mil from Sep. 2023 to Mar. 2024 .

Megatherm Induction's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-103 Mil. It means Megatherm Induction's Accounts Receivable increased by ₹103 Mil from Mar. 2023 to Mar. 2024 .

Megatherm Induction's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹320 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. Megatherm Induction's Days Sales Outstanding for the six months ended in Mar. 2024 was 36.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Megatherm Induction's liquidation value for the six months ended in Mar. 2024 was ₹-227 Mil.

Megatherm Induction Change In Receivables Historical Data

The historical data trend for Megatherm Induction'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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Megatherm Induction Change In Receivables Chart

Megatherm Induction Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Change In Receivables

-132.49

-47.48

15.33

-103.11

Megatherm Induction Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24
Change In Receivables	-	-	-	-76.70	-26.42

Megatherm Induction 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 ₹-103 Mil.

Megatherm Induction (NSE:MEGATHERM) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	319.758	/	1587.255	*	91
=	36.77

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

Megatherm Induction'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)
=	622.9	-	1498.071	+	0.75 * 319.758	+	0.5 * 816.973
=	-227

Megatherm Induction Change In Receivables Related Terms

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Megatherm Induction Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Megatherm Induction Ltd (NSE:MEGATHERM) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot- L1 Block GP, Sector V, Electronics Complex, Salt lake City, Kolkata, WB, IND, 700091

Website

https://www.megatherm.com

Megatherm Induction Ltd is mainly involved in manufacturing and selling capital equipment such as induction melting and heating equipment, arc melting furnaces, ladle refining furnaces, continuous casting machines, and transformers. The company's products include automation, forging shop and mass heating equipment, foundry melt shop equipment, heat treatment and special applications, and pipes and tubes for heating, welding, and steel melt shop equipment. The company generates the majority of its revenue from India, with some revenue coming from international sales.

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