Synoptics Technologies (NSE:SYNOPTICS) Change In Receivables : ₹-16.7 Mil (TTM As of Mar. 2022)

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What is Synoptics Technologies Change In Receivables?

Synoptics Technologies's change in receivables for the quarter that ended in Mar. 2022 was ₹-16.7 Mil. It means Synoptics Technologies's Accounts Receivable increased by ₹16.7 Mil from Mar. 2021 to Mar. 2022 .

Synoptics Technologies's change in receivables for the fiscal year that ended in Mar. 2022 was ₹-16.7 Mil. It means Synoptics Technologies's Accounts Receivable increased by ₹16.7 Mil from Mar. 2021 to Mar. 2022 .

Synoptics Technologies's Accounts Receivable for the quarter that ended in Mar. 2022 was ₹108.1 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. Synoptics Technologies's Days Sales Outstanding for the six months ended in Mar. 2022 was 38.72.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Synoptics Technologies's liquidation value for the six months ended in Mar. 2022 was ₹-113.5 Mil.

Synoptics Technologies Change In Receivables Historical Data

The historical data trend for Synoptics Technologies'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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Synoptics Technologies Change In Receivables Chart

Synoptics Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Change In Receivables

-17.82

37.25

-16.67

Synoptics Technologies Semi-Annual Data
	Mar20	Mar21	Mar22
Change In Receivables	-17.82	37.25	-16.67

Synoptics Technologies 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. 2022 was ₹-16.7 Mil.

Synoptics Technologies (NSE:SYNOPTICS) 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.

Synoptics Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	108.052	/	509.232	*	91
=	38.72

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

Synoptics Technologies's liquidation value for the quarter that ended in Mar. 2022 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	16.568	-	240.295	+	0.75 * 108.052	+	0.5 * 58.43
=	-113.5

Synoptics Technologies Change In Receivables Related Terms

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Synoptics Technologies (NSE:SYNOPTICS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Synoptics Technologies Ltd (NSE:SYNOPTICS) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

301, A-Wing, 3rd Floor, Interface 16, Mindspace, Malad (West), Mumbai, MH, IND, 400064

Website

https://synoptics.co.in

Synoptics Technologies Ltd is an IT Services company offering solutions in the areas of IT Infrastructure like connectivity to the Branches, Supply, implementation and support of the network equipment needed to run the IT setup like routers, switches, etc. The company designs the solution for customers who need to put their applications on Cloud. It helps with the application migration and manages the setup in the cloud. It aims to reduce the Total Cost of Ownership (TCO) and increase Return on Investment (RoI) for its customers to adopt any kind of Digital Transformation use case with its technology-led and innovation-driven approach.

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