MIC Electronics (NSE:MICEL) Change In Receivables : ₹0.0 Mil (TTM As of Dec. 2023)

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What is MIC Electronics Change In Receivables?

MIC Electronics's change in receivables for the quarter that ended in Dec. 2023 was ₹0.0 Mil. It means MIC Electronics's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

MIC Electronics's change in receivables for the fiscal year that ended in Mar. 2023 was ₹-0.7 Mil. It means MIC Electronics's Accounts Receivable increased by ₹0.7 Mil from Mar. 2022 to Mar. 2023 .

MIC Electronics's Accounts Receivable for the quarter that ended in Dec. 2023 was ₹0.0 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. MIC Electronics's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. MIC Electronics's liquidation value for the three months ended in Dec. 2023 was ₹0.0 Mil.

MIC Electronics Change In Receivables Historical Data

The historical data trend for MIC Electronics'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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MIC Electronics Change In Receivables Chart

MIC Electronics Annual Data

Trend

Jun13

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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143.18

99.30

55.46

-58.31

-0.74

MIC Electronics Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

MIC Electronics 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0.0 Mil.

MIC Electronics (NSE:MICEL) 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.

MIC Electronics's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	174.9	*	91
=	0.00

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

MIC Electronics's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0	-	0	+	0.75 * 0	+	0.5 * 0
=	0.0

MIC Electronics Change In Receivables Related Terms

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MIC Electronics (NSE:MICEL) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MIC Electronics Ltd (NSE:MICEL) » Definitions » Change In Receivables

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532850:India

Address

Plot No. 192/B, Phase-II, IDA, Cherlapally, Rangareddi, Hyderabad, TG, IND, 500051

Website

https://www.mic.co.in

MIC Electronics Ltd designs, develops and manufactures light-emitting diode (LED) video displays, high-end electronic and telecommunication equipment, and development of telecom software. The operating segments of the group are LED products; Medical appliances and Automobiles. Its products include LED Lighting, LED Displays, Oxygen concentrators and Batteries. The group primarily derives revenue from India.

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