Shri Techtex (NSE:SHRITECH) Change In Receivables: ₹-3.6 Mil (TTM As of Mar. 2026)

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NSE:SHRITECH Shri Techtex Ltd NSE:SHRITECH
76 GF Score
Price ₹59.55
GF Value ₹79.61
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Shri Techtex Change In Receivables?

Shri Techtex NSE:SHRITECH -2.30% 76 Change In Receivables is ₹-3.6 Mil as of Mar. 2026. GuruFocus rates NSE:SHRITECH with a GF Score™ of 76/100 and a GF Value™ of ₹79.61 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Shri Techtex's change in receivables for the quarter that ended in Mar. 2026 was ₹-98.3 Mil. It means Shri Techtex's Accounts Receivable increased by ₹98.3 Mil from Sep. 2025 to Mar. 2026 .

Shri Techtex's change in receivables for the fiscal year that ended in Mar. 2026 was ₹-3.6 Mil. It means Shri Techtex's Accounts Receivable increased by ₹3.6 Mil from Mar. 2025 to Mar. 2026 .

Shri Techtex's Accounts Receivable for the quarter that ended in Mar. 2026 was ₹196.5 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. Shri Techtex's Days Sales Outstanding for the six months ended in Mar. 2026 was 76.06.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shri Techtex's liquidation value for the six months ended in Mar. 2026 was ₹169.8 Mil.


Shri Techtex  (NSE:SHRITECH) 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.

Shri Techtex's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=196.478/471.421*91
=76.06

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

Shri Techtex's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=42.669-162.021+0.75 * 196.478+0.5 * 283.585
=169.8

* 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.


Shri Techtex Change In Receivables Related Terms


Shri Techtex Change In Receivables Historical Data

* Premium members only.

The historical data trend for Shri Techtex'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.

Shri Techtex Change In Receivables Chart

Shri Techtex Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Change In Receivables
Get a 7-Day Free Trial 85.44 -107.51 -23.82 -122.30 -3.58

Shri Techtex Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -29.98 -92.32 94.68 -98.26
NSE:SHRITECH
76GF Score
Shri Techtex Ltd NSE:SHRITECH
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Shri Techtex 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. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-3.6 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of ₹-3.6 Mil mean?
Shri Techtex (NSE:SHRITECH) has a Change In Receivables of ₹-3.6 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Shri Techtex and its competitors.
Is Shri Techtex's Change In Receivables too high?
Shri Techtex's current Change In Receivables is ₹-3.6 Mil. Overall, Shri Techtex has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shri Techtex's Change In Receivables compare to competitors?
Shri Techtex's Change In Receivables of ₹-3.6 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Manufacturing - Apparel & Accessories company?
A good Change In Receivables depends on the Manufacturing - Apparel & Accessories industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Shri Techtex and its competitors. Shri Techtex's current Change In Receivables is ₹-3.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Techtex stock overvalued right now?
Based on GuruFocus' analysis, Shri Techtex (NSE:SHRITECH) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹79.61, compared to a current price of ₹59.55 — trading 25.2% below its estimated fair value. The current Change In Receivables is ₹-3.6 Mil. Shri Techtex's overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Shri Techtex (NSE:SHRITECH), the current Change In Receivables is ₹-3.6 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shri Techtex (NSE:SHRITECH) Overvalued in 2026?

Based on GuruFocus' analysis, Shri Techtex stock appears to be undervalued. The current stock price of ₹59.55 is trading 25.2% below its estimated GF Value™ of ₹79.61. GuruFocus considers Shri Techtex to be Modestly Undervalued.

Key valuation signals for NSE:SHRITECH:

  • Change In Receivables: ₹-3.6 Mil
  • GF Value™: ₹79.61 vs. price of ₹59.55 (25.2% below fair value)
  • GF Score™: 76/100 with 5 warning signs

No single metric tells the full story. See the NSE:SHRITECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shri Techtex Business Description

Address Harmony, 2nd Floor,15/A, Shree Vidhyanagar Co-Operative Housing Society Ltd., Opposite Nabard, Near Usmanpura Garden, Ahmedabad, GJ, IND, 380014
Shri Techtex Ltd is engaged in the business of manufacturing of technical textile. The practical use of non-woven fabric is more ecological for certain applications, especially in fields and industries where disposable or single-use products are important, such as organic farming, hospitals, health care, nursing homes, home furnishing, vehicle upholstery seat fabrication, Mattress & furniture covering, ecological packaging, industrial and consumer goods. The company manufactures PP non-woven fabric in a variety of sizes and densities.
76GF Score

Get the complete analysis for NSE:SHRITECH

Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹59.55
Price
₹79.61
GF Value