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Swaraj Suiting (NSE:SWARAJ) Change In Receivables : ₹-431 Mil (TTM As of Mar. 2023)


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What is Swaraj Suiting Change In Receivables?

Swaraj Suiting's change in receivables for the quarter that ended in Mar. 2023 was ₹-292 Mil. It means Swaraj Suiting's Accounts Receivable increased by ₹292 Mil from Sep. 2022 to Mar. 2023 .

Swaraj Suiting's change in receivables for the fiscal year that ended in Mar. 2023 was ₹-431 Mil. It means Swaraj Suiting's Accounts Receivable increased by ₹431 Mil from Mar. 2022 to Mar. 2023 .

Swaraj Suiting's Accounts Receivable for the quarter that ended in Mar. 2023 was ₹567 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. Swaraj Suiting's Days Sales Outstanding for the six months ended in Mar. 2023 was 59.27.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Swaraj Suiting's liquidation value for the six months ended in Mar. 2023 was ₹-872 Mil.


Swaraj Suiting Change In Receivables Historical Data

The historical data trend for Swaraj Suiting'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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Swaraj Suiting Change In Receivables Chart

Swaraj Suiting Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Change In Receivables
-73.71 -31.39 -64.74 -60.32 -430.88

Swaraj Suiting Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23
Change In Receivables Get a 7-Day Free Trial - - - -138.86 -292.02

Swaraj Suiting 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 ₹-431 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.


Swaraj Suiting  (NSE:SWARAJ) 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.

Swaraj Suiting's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=566.505/1744.399*91
=59.27

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

Swaraj Suiting'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)
=4.277-1641.458+0.75 * 566.505+0.5 * 680.993
=-872

* 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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Swaraj Suiting (NSE:SWARAJ) Business Description

Traded in Other Exchanges
N/A
Address
RIICO Growth Centre, F-483 To F-487, Hamirgarh, Bhilwara, RJ, IND, 311025
Swaraj Suiting Ltd is mainly engaged into the textile industry. It operates under various verticals namely manufacturing of denim, grey fabric, weaving on a Job Work basis, trading of the finished fabric and grey fabric and yarn. The company operates in four states Rajasthan, Gujarat, Madhya Pradesh and Maharashtra. The company generates the majority of its revenue from Finish Fabrics sale.

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