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Rajnandini Metal (NSE:RAJMET) Change In Receivables : ₹0 Mil (TTM As of Mar. 2024)


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What is Rajnandini Metal Change In Receivables?

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

Rajnandini Metal's change in receivables for the fiscal year that ended in Mar. 2024 was ₹0 Mil. It means Rajnandini Metal's Accounts Receivable stayed the same from Mar. 2023 to Mar. 2024 .

Rajnandini Metal's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹246 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. Rajnandini Metal's Days Sales Outstanding for the three months ended in Mar. 2024 was 7.11.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Rajnandini Metal's liquidation value for the three months ended in Mar. 2024 was ₹-400 Mil.


Rajnandini Metal Change In Receivables Historical Data

The historical data trend for Rajnandini Metal'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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Rajnandini Metal Change In Receivables Chart

Rajnandini Metal Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Change In Receivables
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Rajnandini Metal Quarterly Data
Mar18 Mar19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Rajnandini Metal 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.

* 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.


Rajnandini Metal  (NSE:RAJMET) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=246/3158*91
=7.11

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

Rajnandini Metal'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)
=5.7-1075.8+0.75 * 246+0.5 * 970.3
=-400

* 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.


Rajnandini Metal Change In Receivables Related Terms

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Rajnandini Metal Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 344, Sector - 3, Phase - II, IMT Bawal, Rewari, HR, IND, 123501
Rajnandini Metal Ltd is an India-based company mainly engaged in the business of manufacturing, trading or otherwise deal in high-grade Copper Continuous Casting Rods and copper wires. Its Products include Copper Rod Annealed Bare Copper Wire, Fine Copper Wire, Bunched Copper Wire, and Submersible Wires & Flat Cables.

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