Paramount Dye Tec (NSE:PARAMOUNT) Change In Receivables : ₹-14.4 Mil (TTM As of Mar. 2024)

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What is Paramount Dye Tec Change In Receivables?

Paramount Dye Tec's change in receivables for the quarter that ended in Mar. 2024 was ₹-14.4 Mil. It means Paramount Dye Tec's Accounts Receivable increased by ₹14.4 Mil from Mar. 2023 to Mar. 2024 .

Paramount Dye Tec's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-14.4 Mil. It means Paramount Dye Tec's Accounts Receivable increased by ₹14.4 Mil from Mar. 2023 to Mar. 2024 .

Paramount Dye Tec's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹60.5 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. Paramount Dye Tec's Days Sales Outstanding for the six months ended in Mar. 2024 was 21.80.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Paramount Dye Tec's liquidation value for the six months ended in Mar. 2024 was ₹5.4 Mil.

Paramount Dye Tec Change In Receivables Historical Data

The historical data trend for Paramount Dye Tec'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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Paramount Dye Tec Change In Receivables Chart

Paramount Dye Tec Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Change In Receivables

-1.63

-8.43

-35.13

-14.42

Paramount Dye Tec Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Change In Receivables	-1.63	-8.43	-35.13	-14.42

Paramount Dye Tec 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 ₹-14.4 Mil.

Paramount Dye Tec (NSE:PARAMOUNT) 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.

Paramount Dye Tec's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	60.535	/	506.747	*	91
=	21.80

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

Paramount Dye Tec'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)
=	123.866	-	251.759	+	0.75 * 60.535	+	0.5 * 175.692
=	5.4

Paramount Dye Tec Change In Receivables Related Terms

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Paramount Dye Tec Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Paramount Dye Tec Ltd (NSE:PARAMOUNT) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Machiwara Road, Village Mangarh, Kohara, Ludhiana, PB, IND, 141112

Website

https://www.paramountdyetec.com

Paramount Dye Tec Ltd manufactures yarns by recycling synthetic fiber (recycling synthetic waste), serving the B2B segment of the textile industry. It offers a range of products including synthetic fiber and yarns which include acrylic yarn, polyester yarn, nylon yarn, wool yarn, hand-knitting yarn and acrylic blend yarn with quality, finer impact, and lasting excellence. The company utilizes synthetic waste fibers as its primary raw material, transforming them into quality yarn.

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