Shri Ram Switchgears (NSE:SRIRAM) Change In Receivables: ₹35.38 Mil (TTM As of Mar. 2023)

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NSE:SRIRAM Shri Ram Switchgears Ltd NSE:SRIRAM
4 GF Score
Price ₹10.10
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What is Shri Ram Switchgears Change In Receivables?

Shri Ram Switchgears NSE:SRIRAM 4 Change In Receivables is ₹35.38 Mil as of Mar. 2023. GuruFocus rates NSE:SRIRAM with a GF Score™ of 4/100.

Shri Ram Switchgears's change in receivables for the quarter that ended in Mar. 2023 was ₹0.00 Mil. It means Shri Ram Switchgears's Accounts Receivable stayed the same from Mar. 2022 to Mar. 2023 .

Shri Ram Switchgears's change in receivables for the fiscal year that ended in Mar. 2023 was ₹10.59 Mil. It means Shri Ram Switchgears's Accounts Receivable declined by ₹10.59 Mil from Mar. 2022 to Mar. 2023 .

Shri Ram Switchgears's Accounts Receivable for the quarter that ended in Mar. 2023 was ₹374.11 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shri Ram Switchgears's liquidation value for the six months ended in Mar. 2023 was ₹-399.61 Mil.

Shri Ram Switchgears  (NSE:SRIRAM) 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 Ram Switchgears's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=374.108/0*91
=

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

Shri Ram Switchgears's liquidation value for the quarter that ended in Mar. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3.645-748.299+0.75 * 374.108+0.5 * 128.917
=-399.61

* 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 Ram Switchgears Change In Receivables Related Terms

Shri Ram Switchgears Change In Receivables Historical Data

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The historical data trend for Shri Ram Switchgears'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 Ram Switchgears Change In Receivables Chart

Shri Ram Switchgears Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 35.38 10.59

Shri Ram Switchgears Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Mar23
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 0.00 0.00 26.34 9.04 0.00
NSE:SRIRAM
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Shri Ram Switchgears Ltd NSE:SRIRAM
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Shri Ram Switchgears 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹35.38 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 ₹35.38 Mil mean?
Shri Ram Switchgears (NSE:SRIRAM) has a Change In Receivables of ₹35.38 Mil as of Mar. 2023. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Shri Ram Switchgears and its competitors.
Is Shri Ram Switchgears' Change In Receivables too high?
Shri Ram Switchgears' current Change In Receivables is ₹35.38 Mil. Overall, Shri Ram Switchgears has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Shri Ram Switchgears' Change In Receivables compare to competitors?
Shri Ram Switchgears' Change In Receivables of ₹35.38 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Change In Receivables depends on the Industrial Products 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 Ram Switchgears and its competitors. Shri Ram Switchgears's current Change In Receivables is ₹35.38 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Ram Switchgears stock overvalued right now?
Shri Ram Switchgears (NSE:SRIRAM) has a current Change In Receivables of ₹35.38 Mil. The current Change In Receivables is ₹35.38 Mil. Shri Ram Switchgears' overall GF Score™ is 4/100. 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 Ram Switchgears (NSE:SRIRAM), the current Change In Receivables is ₹35.38 Mil as of Mar. 2023. 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.

Shri Ram Switchgears Business Description

Address Goushala Road, Shri Ram Bhawan, Ratlam, MP, IND, 457001
Shri Ram Switchgears Ltd is an India-based company that engages in the manufacture and supply of switchgear, distributor boxes, metering boxes, feeder pillars Panels, Low Tension/ High Tension Line materials required in power distribution system utilities. The company also provides control and relay panels, air circuit breaker boxes, single phase boxes, main circuit breaker and molded case circuit breaker panels, A.C./D.C. boards, and other related products.
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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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