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Service Care (NSE:SERVICE) Change In Receivables : ₹-35 Mil (TTM As of Mar. 2022)


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What is Service Care Change In Receivables?

Service Care's change in receivables for the quarter that ended in Mar. 2022 was ₹-35 Mil. It means Service Care's Accounts Receivable increased by ₹35 Mil from Mar. 2021 to Mar. 2022 .

Service Care's change in receivables for the fiscal year that ended in Mar. 2022 was ₹-35 Mil. It means Service Care's Accounts Receivable increased by ₹35 Mil from Mar. 2021 to Mar. 2022 .

Service Care's Accounts Receivable for the quarter that ended in Mar. 2022 was ₹170 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. Service Care's Days Sales Outstanding for the six months ended in Mar. 2022 was 27.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Service Care's liquidation value for the six months ended in Mar. 2022 was ₹-22 Mil.


Service Care Change In Receivables Historical Data

The historical data trend for Service Care'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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Service Care Change In Receivables Chart

Service Care Annual Data
Trend Mar20 Mar21 Mar22
Change In Receivables
-30.65 2.60 -34.81

Service Care Semi-Annual Data
Mar20 Mar21 Mar22
Change In Receivables -30.65 2.60 -34.81

Service Care 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. 2022 was ₹-35 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.


Service Care  (NSE:SERVICE) 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.

Service Care's Days Sales Outstanding for the quarter that ended in Mar. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=170.045/1149.516*91
=27.00

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

Service Care's liquidation value for the quarter that ended in Mar. 2022 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=30.608-179.857+0.75 * 170.045+0.5 * 0
=-22

* 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.


Service Care Change In Receivables Related Terms

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Service Care (NSE:SERVICE) Business Description

Traded in Other Exchanges
N/A
Address
2nd Main Road, No. 653, 1st Floor, Domlur Layout, Bangalore, KA, IND, 560071
Service Care Ltd is engaged in providing services such as Workspace Administration Services and Workforce Administration Services across all business domains. Workspace Administration services cover all the Integrated Facility Management and Business Services, on the other hand, Workforce Administration services covers all kind of staffing solutions, outsourced recruitment processes, and payroll management. Its operations are in the business of housekeeping facility management service and payroll service.

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