Pritika Engineering Components (NSE:PRITIKA) Change In Receivables : ₹6.5 Mil (TTM As of Mar. 2023)

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What is Pritika Engineering Components Change In Receivables?

Pritika Engineering Components's change in receivables for the quarter that ended in Mar. 2023 was ₹96.5 Mil. It means Pritika Engineering Components's Accounts Receivable declined by ₹96.5 Mil from Sep. 2022 to Mar. 2023 .

Pritika Engineering Components's change in receivables for the fiscal year that ended in Mar. 2023 was ₹6.5 Mil. It means Pritika Engineering Components's Accounts Receivable declined by ₹6.5 Mil from Mar. 2022 to Mar. 2023 .

Pritika Engineering Components's Accounts Receivable for the quarter that ended in Mar. 2023 was ₹133.4 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. Pritika Engineering Components's Days Sales Outstanding for the six months ended in Mar. 2023 was 62.41.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Pritika Engineering Components's liquidation value for the six months ended in Mar. 2023 was ₹-458.4 Mil.

Pritika Engineering Components Change In Receivables Historical Data

The historical data trend for Pritika Engineering Components'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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Pritika Engineering Components Change In Receivables Chart

Pritika Engineering Components Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Change In Receivables

0.45

1.80

-91.14

6.52

Pritika Engineering Components Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23
Change In Receivables	-	-	-	-89.97	96.49

Pritika Engineering Components 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹6.5 Mil.

Pritika Engineering Components (NSE:PRITIKA) 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.

Pritika Engineering Components's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	133.396	/	390.095	*	91
=	62.41

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

Pritika Engineering Components's liquidation value for the quarter that ended in Mar. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	51.456	-	687.396	+	0.75 * 133.396	+	0.5 * 154.887
=	-458.4

Pritika Engineering Components Change In Receivables Related Terms

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Pritika Engineering Components (NSE:PRITIKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Pritika Engineering Components Ltd (NSE:PRITIKA) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Industrial Area, S.A.S Nagar, Plot No.C-94, Phase-VII, Mohali, PB, IND, 160055

Website

https://www.pritikaengineering.com

Pritika Engineering Components Ltd is engaged in the business of manufacturing precision-machined components for the automotive industry, especially for tractors, trucks, and other commercial vehicles. The company manufactures various Tractors and Automobile components like End Covers, Cover Sealed Brakes, Differential Cases, Cover Hydraulic Lift, Cover Transcase, Front Wheel hubs, Fly Wheel Housing, Rear Axle Casings, Hydraulic Lift Covers, Brake Housing, and Front Engine Supports. It manufactures customized products for tractors, commercial vehicles, and other construction equipment.

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