Turtlemint Fintech Solutions (NSE:TURTLEMINT) Change In Receivables: ₹-771 Mil (TTM As of Mar. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:TURTLEMINT Turtlemint Fintech Solutions Ltd NSE:TURTLEMINT
12 GF Score
Price ₹131.84
! 3 Warning Signs
View Full Analysis

What is Turtlemint Fintech Solutions Change In Receivables?

Turtlemint Fintech Solutions NSE:TURTLEMINT -2.07% 12 Change In Receivables is ₹-771 Mil as of Mar. 2025. GuruFocus rates NSE:TURTLEMINT with a GF Score™ of 12/100. The stock has 3 warning signs investors should review.

Turtlemint Fintech Solutions's change in receivables for the quarter that ended in Mar. 2025 was ₹-771 Mil. It means Turtlemint Fintech Solutions's Accounts Receivable increased by ₹771 Mil from Mar. 2024 to Mar. 2025 .

Turtlemint Fintech Solutions's change in receivables for the fiscal year that ended in Mar. 2025 was ₹-771 Mil. It means Turtlemint Fintech Solutions's Accounts Receivable increased by ₹771 Mil from Mar. 2024 to Mar. 2025 .

Turtlemint Fintech Solutions's Accounts Receivable for the quarter that ended in Mar. 2025 was ₹1,603 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. Turtlemint Fintech Solutions's Days Sales Outstanding for the six months ended in Mar. 2025 was 41.79.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Turtlemint Fintech Solutions's liquidation value for the six months ended in Mar. 2025 was ₹2,124 Mil.


Turtlemint Fintech Solutions  (NSE:TURTLEMINT) 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.

Turtlemint Fintech Solutions's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1603.47/7002.65*91
=41.79

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

Turtlemint Fintech Solutions's liquidation value for the quarter that ended in Mar. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2604-1682.27+0.75 * 1603.47+0.5 * 0
=2,124

* 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.


Turtlemint Fintech Solutions Change In Receivables Related Terms


Turtlemint Fintech Solutions Change In Receivables Historical Data

* Premium members only.

The historical data trend for Turtlemint Fintech Solutions'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.

Turtlemint Fintech Solutions Change In Receivables Chart

Turtlemint Fintech Solutions Annual Data
Trend Mar23 Mar24 Mar25
Change In Receivables
-293.98 668.96 -771.07

Turtlemint Fintech Solutions Semi-Annual Data
Mar23 Mar24 Mar25
Change In Receivables -293.98 668.96 -771.07
NSE:TURTLEMINT
12GF Score
Turtlemint Fintech Solutions Ltd NSE:TURTLEMINT
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Turtlemint Fintech Solutions 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. 2025 was ₹-771 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of ₹-771 Mil mean?
Turtlemint Fintech Solutions (NSE:TURTLEMINT) has a Change In Receivables of ₹-771 Mil as of Mar. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Turtlemint Fintech Solutions and its competitors.
Is Turtlemint Fintech Solutions' Change In Receivables too high?
Turtlemint Fintech Solutions' current Change In Receivables is ₹-771 Mil. Overall, Turtlemint Fintech Solutions has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Turtlemint Fintech Solutions' Change In Receivables compare to MRSH and AON?
Turtlemint Fintech Solutions' Change In Receivables of ₹-771 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for an Insurance company?
A good Change In Receivables depends on the Insurance industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Turtlemint Fintech Solutions and its competitors. Turtlemint Fintech Solutions's current Change In Receivables is ₹-771 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turtlemint Fintech Solutions stock overvalued right now?
Turtlemint Fintech Solutions (NSE:TURTLEMINT) has a current Change In Receivables of ₹-771 Mil. The current Change In Receivables is ₹-771 Mil. Turtlemint Fintech Solutions' overall GF Score™ is 12/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Turtlemint Fintech Solutions (NSE:TURTLEMINT), the current Change In Receivables is ₹-771 Mil as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Turtlemint Fintech Solutions Business Description

Other Exchanges 544799:India
Address Marol Village, The ORB - Sahar, 4 and 4A 1st Floor, A Wing, Andheri East, Mumbai, MH, IND, 400099
Turtlemint Fintech Solutions Ltd is engaged in the business of providing information technology and business support services, advertising and marketing services and distribution of mutual funds. It also provides insurance broking services for retail insurance products such as motor, health, and life insurance. The company owns the TurtlemintPro application, which is used to facilitate the promotion of its services. It derives the majority of its revenue from general insurance companies, arising from the sale of motor insurance products.
12GF Score

Get the complete analysis for NSE:TURTLEMINT

Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹131.84
Price