SPP Polymer (NSE:SPPPOLY) Change In Receivables: ₹-65 Mil (TTM As of Mar. 2026)

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NSE:SPPPOLY SPP Polymer Ltd NSE:SPPPOLY
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What is SPP Polymer Change In Receivables?

SPP Polymer NSE:SPPPOLY +2.40% 14 Change In Receivables is ₹-65 Mil as of Mar. 2026. GuruFocus rates NSE:SPPPOLY with a GF Score™ of 14/100. The stock has 4 warning signs investors should review.

SPP Polymer's change in receivables for the quarter that ended in Mar. 2026 was ₹-24 Mil. It means SPP Polymer's Accounts Receivable increased by ₹24 Mil from Sep. 2025 to Mar. 2026 .

SPP Polymer's change in receivables for the fiscal year that ended in Mar. 2026 was ₹-65 Mil. It means SPP Polymer's Accounts Receivable increased by ₹65 Mil from Mar. 2025 to Mar. 2026 .

SPP Polymer's Accounts Receivable for the quarter that ended in Mar. 2026 was ₹228 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. SPP Polymer's Days Sales Outstanding for the six months ended in Mar. 2026 was 72.89.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SPP Polymer's liquidation value for the six months ended in Mar. 2026 was ₹-41 Mil.

SPP Polymer  (NSE:SPPPOLY) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=227.503/569.582*91
=72.89

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

SPP Polymer'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)
=0.645-356.024+0.75 * 227.503+0.5 * 288.112
=-41

* 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.

SPP Polymer Change In Receivables Related Terms

SPP Polymer Change In Receivables Historical Data

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The historical data trend for SPP Polymer'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.

SPP Polymer Change In Receivables Chart

SPP Polymer Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Change In Receivables
Get a 7-Day Free Trial -5.06 23.98 -62.93 -21.25 -65.07

SPP Polymer Semi-Annual Data
Sep24 Mar25 Sep25 Mar26
Change In Receivables -33.90 12.65 -40.62 -24.45
NSE:SPPPOLY
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SPP Polymer Ltd NSE:SPPPOLY
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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SPP Polymer 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 ₹-65 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 ₹-65 Mil mean?
SPP Polymer (NSE:SPPPOLY) has a Change In Receivables of ₹-65 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for SPP Polymer and its competitors.
Is SPP Polymer's Change In Receivables too high?
SPP Polymer's current Change In Receivables is ₹-65 Mil. Overall, SPP Polymer has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does SPP Polymer's Change In Receivables compare to SW and AMCR?
SPP Polymer's Change In Receivables of ₹-65 Mil can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Change In Receivables depends on the Packaging & Containers 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 SPP Polymer and its competitors. SPP Polymer's current Change In Receivables is ₹-65 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPP Polymer stock overvalued right now?
SPP Polymer (NSE:SPPPOLY) has a current Change In Receivables of ₹-65 Mil. The current Change In Receivables is ₹-65 Mil. SPP Polymer's overall GF Score™ is 14/100 with 4 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 SPP Polymer (NSE:SPPPOLY), the current Change In Receivables is ₹-65 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.

SPP Polymer Business Description

Address Plot No-04, Sector-01, IIE, SIIDCUL, Pantnagar, Udhamsingh Nagar, Rudrapur, UT, IND, 263153
SPP Polymer Ltd is engaged in the business of manufacturing of HDPE/PP woven fabric & bags, non-woven fabrics & bags and PP Multifilament yarn. It offers packaging solutions to business-to-business (B2B) manufacturers catering to different industries such as cement, chemicals, food grains, sugars, polymers, agriculture, and others for the packaging of goods in big quantities.
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