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ROX Hi-Tech (NSE:ROXHITECH) Change In Receivables : ₹-17 Mil (TTM As of Mar. 2023)


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What is ROX Hi-Tech Change In Receivables?

ROX Hi-Tech's change in receivables for the quarter that ended in Mar. 2023 was ₹-17 Mil. It means ROX Hi-Tech's Accounts Receivable increased by ₹17 Mil from Mar. 2022 to Mar. 2023 .

ROX Hi-Tech's change in receivables for the fiscal year that ended in Mar. 2023 was ₹-17 Mil. It means ROX Hi-Tech's Accounts Receivable increased by ₹17 Mil from Mar. 2022 to Mar. 2023 .

ROX Hi-Tech's Accounts Receivable for the quarter that ended in Mar. 2023 was ₹184 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. ROX Hi-Tech's Days Sales Outstanding for the six months ended in Mar. 2023 was 25.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ROX Hi-Tech's liquidation value for the six months ended in Mar. 2023 was ₹-80 Mil.

ROX Hi-Tech Change In Receivables Historical Data

The historical data trend for ROX Hi-Tech'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.

ROX Hi-Tech Change In Receivables Chart

ROX Hi-Tech Annual Data
Trend Mar21 Mar22 Mar23
Change In Receivables
-10.03 -1.90 -16.64

ROX Hi-Tech Semi-Annual Data
Mar21 Mar22 Mar23
Change In Receivables -10.03 -1.90 -16.64

ROX Hi-Tech 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. 2023 was ₹-17 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.

ROX Hi-Tech  (NSE:ROXHITECH) 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.

ROX Hi-Tech's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=184.352/1333.279*91
=25.23

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

ROX Hi-Tech'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)
=0.112-368.823+0.75 * 184.352+0.5 * 300.596
=-80

* 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.

ROX Hi-Tech Change In Receivables Related Terms

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ROX Hi-Tech (NSE:ROXHITECH) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » ROX Hi-Tech Ltd (NSE:ROXHITECH) » Definitions » Change In Receivables
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Address
Mahalingapuram Main Road, Old No.101B, New No.160, 1st & 3rd Floor, Nungambakkam, Chennai, TN, IND, 600034
Website
https://www.rox.co.in
ROX Hi-Tech Ltd is a customer-centric IT solutions provider committed to excellence. It offers a comprehensive range of distributed IT solutions, including consulting, enterprise and end-user computing, managed print, and network services. The company is India's leading end-to-end IT solution provider.

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