Swastik Pipe (NSE:SWASTIK) Change In Receivables : ₹-320 Mil (TTM As of Mar. 2023)

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What is Swastik Pipe Change In Receivables?

Swastik Pipe's change in receivables for the quarter that ended in Mar. 2023 was ₹-320 Mil. It means Swastik Pipe's Accounts Receivable increased by ₹320 Mil from Mar. 2022 to Mar. 2023 .

Swastik Pipe's change in receivables for the fiscal year that ended in Mar. 2023 was ₹-320 Mil. It means Swastik Pipe's Accounts Receivable increased by ₹320 Mil from Mar. 2022 to Mar. 2023 .

Swastik Pipe's Accounts Receivable for the quarter that ended in Mar. 2023 was ₹1,642 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. Swastik Pipe's Days Sales Outstanding for the six months ended in Mar. 2023 was 42.58.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Swastik Pipe's liquidation value for the six months ended in Mar. 2023 was ₹-182 Mil.

Swastik Pipe Change In Receivables Historical Data

The historical data trend for Swastik Pipe'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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Swastik Pipe Change In Receivables Chart

Swastik Pipe Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Change In Receivables

105.49

-271.35

-75.68

-319.99

Swastik Pipe Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Change In Receivables	105.49	-271.35	-75.68	-319.99

Swastik Pipe 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 ₹-320 Mil.

Swastik Pipe (NSE:SWASTIK) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1641.701	/	7035.883	*	91
=	42.58

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

Swastik Pipe'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)
=	67.108	-	1874.74	+	0.75 * 1641.701	+	0.5 * 789.647
=	-182

Swastik Pipe Change In Receivables Related Terms

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Swastik Pipe (NSE:SWASTIK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Swastik Pipe Ltd (NSE:SWASTIK) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

2, Arihant Nagar, Punjabi Bagh (West), New Delhi, IND, 110026

Website

https://www.swastikpipes.com

Swastik Pipe Ltd is the manufacturer and exporter of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, API Pipe, Stainless Steel Tubes, Cold Rolled Steel (CR) Strips/ Coils, Swaged Type Tubular Poles, and Solar Structure.

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