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Steel Strips Wheels (NSE:SSWL) Change In Receivables : ₹0 Mil (TTM As of Mar. 2024)


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What is Steel Strips Wheels Change In Receivables?

Steel Strips Wheels's change in receivables for the quarter that ended in Mar. 2024 was ₹0 Mil. It means Steel Strips Wheels's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Steel Strips Wheels's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-910 Mil. It means Steel Strips Wheels's Accounts Receivable increased by ₹910 Mil from Mar. 2023 to Mar. 2024 .

Steel Strips Wheels's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹4,397 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. Steel Strips Wheels's Days Sales Outstanding for the three months ended in Mar. 2024 was 37.55.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Steel Strips Wheels's liquidation value for the three months ended in Mar. 2024 was ₹-11,402 Mil.


Steel Strips Wheels Change In Receivables Historical Data

The historical data trend for Steel Strips Wheels'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.

Steel Strips Wheels Change In Receivables Chart

Steel Strips Wheels 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 -154.72 -561.04 -1,359.98 429.51 -909.81

Steel Strips Wheels Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Steel Strips Wheels 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 quarterly data reported by the company within the most recent 12 months, which was ₹0 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.


Steel Strips Wheels  (NSE:SSWL) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4397.302/10686.724*91
=37.55

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

Steel Strips Wheels'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)
=428.808-18613.749+0.75 * 4397.302+0.5 * 6969.52
=-11,402

* 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.


Steel Strips Wheels Change In Receivables Related Terms

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Steel Strips Wheels (NSE:SSWL) Business Description

Traded in Other Exchanges
Address
Madhya Marg, SCO 49-50, Sector 26, Chandigarh, IND, 160 019
Steel Strips Wheels Ltd is an India-based automotive steel wheels manufacturing company. It is engaged in the designing and manufacturing business of Steel wheel rims and Alloy wheel rims catering to different segments of the automobile industry. The company operates in India and has a presence in international markets as well. The group generates the majority of its revenue from India.

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