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Srivari Spices and Foods (NSE:SSFL) Change In Receivables : ₹-82.4 Mil (TTM As of Mar. 2023)


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What is Srivari Spices and Foods Change In Receivables?

Srivari Spices and Foods's change in receivables for the quarter that ended in Mar. 2023 was ₹-82.4 Mil. It means Srivari Spices and Foods's Accounts Receivable increased by ₹82.4 Mil from Mar. 2022 to Mar. 2023 .

Srivari Spices and Foods's change in receivables for the fiscal year that ended in Mar. 2023 was ₹-82.4 Mil. It means Srivari Spices and Foods's Accounts Receivable increased by ₹82.4 Mil from Mar. 2022 to Mar. 2023 .

Srivari Spices and Foods's Accounts Receivable for the quarter that ended in Mar. 2023 was ₹115.1 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. Srivari Spices and Foods's Days Sales Outstanding for the six months ended in Mar. 2023 was 58.64.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Srivari Spices and Foods's liquidation value for the six months ended in Mar. 2023 was ₹-37.7 Mil.


Srivari Spices and Foods Change In Receivables Historical Data

The historical data trend for Srivari Spices and Foods'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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Srivari Spices and Foods Change In Receivables Chart

Srivari Spices and Foods Annual Data
Trend Mar21 Mar22 Mar23
Change In Receivables
-13.65 -24.00 -82.37

Srivari Spices and Foods Semi-Annual Data
Mar21 Mar22 Mar23
Change In Receivables -13.65 -24.00 -82.37

Srivari Spices and Foods 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. 2023 was ₹-82.4 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.


Srivari Spices and Foods  (NSE:SSFL) 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.

Srivari Spices and Foods's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=115.078/358.129*91
=58.64

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

Srivari Spices and Foods'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)
=0.13-165.811+0.75 * 115.078+0.5 * 83.355
=-37.7

* 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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Srivari Spices and Foods (NSE:SSFL) Business Description

Traded in Other Exchanges
N/A
Address
207, Second Floor, RDB Blue Hope, 4-1-878, 876, 877 and 877/1, Abids, Hyderabad, TG, IND, 500001
Srivari Spices and Foods Ltd is engaged in the business of manufacturing spices and flour (chakki atta) and marketing and selling them in and around Telangana and Andhra Pradesh. The company handpicks its raw materials from various parts of the country and processes its products with utmost care without the use of artificial preservatives or chemicals, thereby creating a product portfolio of organic spices and flour, which carry the freshness and goodness of each ingredient.

Srivari Spices and Foods (NSE:SSFL) Headlines

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