Sonam (NSE:SONAMLTD) Change In Receivables : ₹-9.8 Mil (TTM As of Mar. 2024)

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What is Sonam Change In Receivables?

Sonam's change in receivables for the quarter that ended in Mar. 2024 was ₹-9.8 Mil. It means Sonam's Accounts Receivable increased by ₹9.8 Mil from Mar. 2023 to Mar. 2024 .

Sonam's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-9.8 Mil. It means Sonam's Accounts Receivable increased by ₹9.8 Mil from Mar. 2023 to Mar. 2024 .

Sonam's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹90.5 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. Sonam's Days Sales Outstanding for the six months ended in Mar. 2024 was 18.92.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sonam's liquidation value for the six months ended in Mar. 2024 was ₹-142.8 Mil.

Sonam Change In Receivables Historical Data

The historical data trend for Sonam'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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Sonam Change In Receivables Chart

Sonam Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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-24.08

0.68

71.20

1.72

-9.76

Sonam Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
Change In Receivables	Get a 7-Day Free Trial							-24.08	0.68	71.20	1.72	-9.76

Sonam 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. 2024 was ₹-9.8 Mil.

Sonam (NSE:SONAMLTD) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	90.469	/	872.8	*	91
=	18.92

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

Sonam'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)
=	1.518	-	294.908	+	0.75 * 90.469	+	0.5 * 165.475
=	-142.8

Sonam Change In Receivables Related Terms

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Sonam Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Sonam Ltd (NSE:SONAMLTD) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Morbi Rajkot Highway, Survey No. 337/p, District Morbi, Village Lajai, Taluka Tankara, Rajkot, GJ, IND, 363 641

Website

https://www.sonamquartz.com

Sonam Ltd Formerly Sonam Clock Ltd operates in the clock manufacturing industry. The company is engaged in the Manufacturing and Sale of Horological items, Clocks, Clock Movements, and related items. Geographically, it operates only in India. Some of its products include alarm timepiece clocks, classy dial clocks, designer clocks, divine tune clocks, LCD clocks, LED digital clocks, light sensor clocks, and others. Its products are sold under the brand names of Sonam, ampm, and Lotus.

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