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Sunlite Recycling Industries (NSE:SUNLITE) Change In Receivables : ₹-29 Mil (TTM As of Mar. 2024)


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What is Sunlite Recycling Industries Change In Receivables?

Sunlite Recycling Industries's change in receivables for the quarter that ended in Mar. 2024 was ₹-29 Mil. It means Sunlite Recycling Industries's Accounts Receivable increased by ₹29 Mil from Mar. 2023 to Mar. 2024 .

Sunlite Recycling Industries's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-29 Mil. It means Sunlite Recycling Industries's Accounts Receivable increased by ₹29 Mil from Mar. 2023 to Mar. 2024 .

Sunlite Recycling Industries's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹142 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. Sunlite Recycling Industries's Days Sales Outstanding for the six months ended in Mar. 2024 was 2.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sunlite Recycling Industries's liquidation value for the six months ended in Mar. 2024 was ₹-176 Mil.

Sunlite Recycling Industries Change In Receivables Historical Data

The historical data trend for Sunlite Recycling Industries'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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Sunlite Recycling Industries Change In Receivables Chart

Sunlite Recycling Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Change In Receivables
-13.73 10.68 -48.62 -29.37

Sunlite Recycling Industries Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Change In Receivables -13.73 10.68 -48.62 -29.37

Sunlite Recycling Industries 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 ₹-29 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.

Sunlite Recycling Industries  (NSE:SUNLITE) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=142.24/11662.709*91
=2.23

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

Sunlite Recycling Industries'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)
=0.734-431.734+0.75 * 142.24+0.5 * 296.956
=-176

* 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.

Sunlite Recycling Industries Change In Receivables Related Terms

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Sunlite Recycling Industries Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sunlite Recycling Industries Ltd (NSE:SUNLITE) » Definitions » Change In Receivables
Comparable Companies
Traded in Other Exchanges
N/A
Address
Survey No. 270A & Plot No. 1, Survey No. 267, Chhatha Mile, Dantali, Vaso, Kheda, GJ, IND, 387350
Website
https://www.sunliteindustries.com
Sunlite Recycling Industries Ltd is engaged in the business of manufacturing of copper rods & wires, copper earthing wires, copper earthing strips, copper conductors, copper wire bars etc. through recycling of copper scrap, which has electrical and mechanical properties suitable for applications in power generation, transmission, distribution and electronic industries. Further, it is also engaged in providing job work services for processing of various products of copper, wherein its customers provide company with the copper scrap and the company converts the copper scrap into copper wire and copper wire rod as per customer's requirement. It employs an internal quality control mechanism to ensure that its finished product conforms to the exact requirement of its customers.

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