Proventus Agrocom (NSE:PROV) Change In Receivables : ₹-162 Mil (TTM As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Proventus Agrocom Change In Receivables?

Proventus Agrocom's change in receivables for the quarter that ended in Mar. 2024 was ₹70 Mil. It means Proventus Agrocom's Accounts Receivable declined by ₹70 Mil from Sep. 2023 to Mar. 2024 .

Proventus Agrocom's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-162 Mil. It means Proventus Agrocom's Accounts Receivable increased by ₹162 Mil from Mar. 2023 to Mar. 2024 .

Proventus Agrocom's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹369 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. Proventus Agrocom's Days Sales Outstanding for the six months ended in Mar. 2024 was 22.74.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Proventus Agrocom's liquidation value for the six months ended in Mar. 2024 was ₹499 Mil.

Proventus Agrocom Change In Receivables Historical Data

The historical data trend for Proventus Agrocom'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.

Proventus Agrocom Change In Receivables Chart

Proventus Agrocom Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

-26.76

-42.07

58.42

-161.20

-161.79

Proventus Agrocom Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Sep23	Mar24
Change In Receivables	Get a 7-Day Free Trial			-	-	-	-232.12	70.33

Proventus Agrocom 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-162 Mil.

Proventus Agrocom (NSE:PROV) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	369.379	/	2964.793	*	91
=	22.74

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

Proventus Agrocom'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)
=	260.733	-	197.165	+	0.75 * 369.379	+	0.5 * 317.342
=	499

Proventus Agrocom Change In Receivables Related Terms

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

Proventus Agrocom (NSE:PROV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Proventus Agrocom Ltd (NSE:PROV) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Village Mulgaon, MV Road, Unit 515, 5th Floor, C Wing, 1 MTR Cabin, Atrium, Andheri East, Near Acme Plaza, Mumbai, MH, IND, 400 069

Website

https://www.proventusagro.com

Proventus Agrocom Ltd is an integrated health food brand with a presence in the entire range of dry fruits, nuts, seeds, berries, and healthy snacking products across the value chain. Its approach in the space focuses on diversifying across the baskets and intensifying its presence across the value chain; in the end, being a one-stop shop for the consumers. Its products include cashew, almonds, walnuts, raisins, sunflower seeds, pistachios and other dry fruits, nuts, seeds and berries.