Milton Industries (NSE:MILTON) Change In Receivables : ₹1.3 Mil (TTM As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Milton Industries Change In Receivables?

Milton Industries's change in receivables for the quarter that ended in Mar. 2024 was ₹1.3 Mil. It means Milton Industries's Accounts Receivable declined by ₹1.3 Mil from Mar. 2023 to Mar. 2024 .

Milton Industries's change in receivables for the fiscal year that ended in Mar. 2024 was ₹1.3 Mil. It means Milton Industries's Accounts Receivable declined by ₹1.3 Mil from Mar. 2023 to Mar. 2024 .

Milton Industries's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹245.2 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. Milton Industries's Days Sales Outstanding for the six months ended in Mar. 2024 was 50.29.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Milton Industries's liquidation value for the six months ended in Mar. 2024 was ₹46.5 Mil.

Milton Industries Change In Receivables Historical Data

The historical data trend for Milton Industries'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.

Milton Industries Change In Receivables Chart

Milton Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

Get a 7-Day Free Trial

-72.06

89.89

82.77

-118.39

1.33

Milton Industries Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
Change In Receivables	Get a 7-Day Free Trial							-72.06	89.89	82.77	-118.39	1.33

Milton Industries 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 was ₹1.3 Mil.

Milton Industries (NSE:MILTON) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	245.218	/	889.916	*	91
=	50.29

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

Milton Industries'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)
=	6.649	-	268.968	+	0.75 * 245.218	+	0.5 * 249.903
=	46.5

Milton Industries Change In Receivables Related Terms

Thank you for viewing the detailed overview of Milton Industries's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Milton Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Milton Industries Ltd (NSE:MILTON) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ashram Road, 1/2, Chitra-Ami Appartment, Opposite La Gajjar Chamber, Ahmedabad, GJ, IND, 380009

Website

https://www.miltonindustries.in

Milton Industries Ltd is engaged in the manufacturing of laminated sheets and other allied products. The firm produces artificial leather cloth and glass fiber reinforced epoxy (GFRE) sheets. It also manufactures, exports high-pressure laminates, industrial laminates, laminated boards, flooring laminates, artificial leather cloth, and other products. The business operates in three segments: Laminate, Rexine, and GFRE, of which the majority of the revenue comes from the GFRE division. The company's products are applicable on walls, doors, windows, cupboards, tabletops, hotels, cash counters, and home kitchens. The majority of the revenue comes from the Indian market.

Milton Industries Headlines

No Headlines