Onward Technologies (NSE:ONWARDTEC) Change In Receivables : ₹0 Mil (TTM As of Mar. 2024)

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What is Onward Technologies Change In Receivables?

Onward Technologies's change in receivables for the quarter that ended in Mar. 2024 was ₹0 Mil. It means Onward Technologies's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Onward Technologies's change in receivables for the fiscal year that ended in Mar. 2024 was ₹89 Mil. It means Onward Technologies's Accounts Receivable declined by ₹89 Mil from Mar. 2023 to Mar. 2024 .

Onward Technologies's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹736 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. Onward Technologies's Days Sales Outstanding for the three months ended in Mar. 2024 was 56.68.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Onward Technologies's liquidation value for the three months ended in Mar. 2024 was ₹630 Mil.

Onward Technologies Change In Receivables Historical Data

The historical data trend for Onward Technologies'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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Onward Technologies Change In Receivables Chart

Onward Technologies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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31.47

-2.88

-244.10

-299.96

88.72

Onward Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Onward Technologies 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 quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

Onward Technologies (NSE:ONWARDTEC) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	735.752	/	1184.435	*	91
=	56.68

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

Onward Technologies'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)
=	876.389	-	798.091	+	0.75 * 735.752	+	0.5 * 0
=	630

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Onward Technologies (NSE:ONWARDTEC) Business Description

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517536:India

Address

Dr. Annie Besant Road, Sterling Centre, 2nd Floor, Worli, Mumbai, MH, IND, 400 018

Website

https://www.onwardgroup.com

Onward Technologies Ltd is an Indian company that is engaged in the sale of user license software, professional services, consultancy services, training, and others. Its business activities include product design, simulation engineering, automation solutions, engineering change management, and others. It has one operating segment which is Engineering Design and IT services. The majority of the company's revenue comes from India. It also operates outside India.

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