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Solex Energy (NSE:SMSOLEX) Change In Receivables : ₹-140 Mil (TTM As of Mar. 2024)


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What is Solex Energy Change In Receivables?

Solex Energy's change in receivables for the quarter that ended in Mar. 2024 was ₹-105 Mil. It means Solex Energy's Accounts Receivable increased by ₹105 Mil from Sep. 2023 to Mar. 2024 .

Solex Energy's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-140 Mil. It means Solex Energy's Accounts Receivable increased by ₹140 Mil from Mar. 2023 to Mar. 2024 .

Solex Energy's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹467 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. Solex Energy's Days Sales Outstanding for the six months ended in Mar. 2024 was 31.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Solex Energy's liquidation value for the six months ended in Mar. 2024 was ₹-850 Mil.


Solex Energy Change In Receivables Historical Data

The historical data trend for Solex Energy'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.

Solex Energy Change In Receivables Chart

Solex Energy Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.88 0.74 348.47 -196.41 -140.48

Solex Energy Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 289.83 53.51 -249.91 -35.58 -104.89

Solex Energy 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 ₹-140 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.


Solex Energy  (NSE:SMSOLEX) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=466.936/2728.851*91
=31.23

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

Solex Energy'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)
=124.923-1657.198+0.75 * 466.936+0.5 * 663.859
=-850

* 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.


Solex Energy Change In Receivables Related Terms

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Solex Energy (NSE:SMSOLEX) Business Description

Traded in Other Exchanges
N/A
Address
Near Madhuvan Circle, L.P. Savani Road, 310-303, Trinity Business Park, Pal, Surat, GJ, IND, 395009
Solex Energy Ltd is engaged in providing renewable energy solutions, specializing in the manufacturing of solar photovoltaic modules, solar home lights, solar street lights, solar lanterns, solar power plants, solar inverters, and solar water, among others.

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