Vigor Plast India (NSE:VIGOR) Change In Receivables: ₹-79.1 Mil (TTM As of Sep. 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:VIGOR Vigor Plast India Ltd NSE:VIGOR
19 GF Score
Price ₹94.25
! 2 Warning Signs
View Full Analysis

What is Vigor Plast India Change In Receivables?

Vigor Plast India NSE:VIGOR +4.96% 19 Change In Receivables is ₹-79.1 Mil as of Sep. 2025. GuruFocus rates NSE:VIGOR with a GF Score™ of 19/100. The stock has 2 warning signs investors should review.

Vigor Plast India's change in receivables for the quarter that ended in Sep. 2025 was ₹-79.1 Mil. It means Vigor Plast India's Accounts Receivable increased by ₹79.1 Mil from Mar. 2025 to Sep. 2025 .

Vigor Plast India's change in receivables for the fiscal year that ended in Mar. 2025 was ₹32.8 Mil. It means Vigor Plast India's Accounts Receivable declined by ₹32.8 Mil from Mar. 2024 to Mar. 2025 .

Vigor Plast India's Accounts Receivable for the quarter that ended in Sep. 2025 was ₹72.2 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. Vigor Plast India's Days Sales Outstanding for the six months ended in Sep. 2025 was 46.67.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Vigor Plast India's liquidation value for the six months ended in Sep. 2025 was ₹-69.9 Mil.


Vigor Plast India  (NSE:VIGOR) 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.

Vigor Plast India's Days Sales Outstanding for the quarter that ended in Sep. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=72.248/282.495*91
=46.67

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

Vigor Plast India's liquidation value for the quarter that ended in Sep. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=67.914-243.043+0.75 * 72.248+0.5 * 102.174
=-69.9

* 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.


Vigor Plast India Change In Receivables Related Terms


Vigor Plast India Change In Receivables Historical Data

* Premium members only.

The historical data trend for Vigor Plast India'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.

Vigor Plast India Change In Receivables Chart

Vigor Plast India Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Change In Receivables
-0.96 -1.76 -26.85 32.80

Vigor Plast India Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Sep25
Change In Receivables 0.00 0.00 0.00 0.00 -79.13
NSE:VIGOR
19GF Score
Vigor Plast India Ltd NSE:VIGOR
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vigor Plast India 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 Sep. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-79.1 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 ₹-79.1 Mil mean?
Vigor Plast India (NSE:VIGOR) has a Change In Receivables of ₹-79.1 Mil as of Sep. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Vigor Plast India and its competitors.
Is Vigor Plast India's Change In Receivables too high?
Vigor Plast India's current Change In Receivables is ₹-79.1 Mil. Overall, Vigor Plast India has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Vigor Plast India's Change In Receivables compare to TT and JCI?
Vigor Plast India's Change In Receivables of ₹-79.1 Mil can be compared against companies in the Construction 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 a Construction company?
A good Change In Receivables depends on the Construction 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 Vigor Plast India and its competitors. Vigor Plast India's current Change In Receivables is ₹-79.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vigor Plast India stock overvalued right now?
Vigor Plast India (NSE:VIGOR) has a current Change In Receivables of ₹-79.1 Mil. The current Change In Receivables is ₹-79.1 Mil. Vigor Plast India's overall GF Score™ is 19/100 with 2 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 Vigor Plast India (NSE:VIGOR), the current Change In Receivables is ₹-79.1 Mil as of Sep. 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.

Vigor Plast India Business Description

Address Survey No. 640/3, Lalpur Road, Behind Gujarat Gas CNG Pump Godown Zone, Dared, Village: Chela, Jamnagar, GJ, IND, 361 006
Vigor Plast India Ltd is focused on the trading of PVC pipes and fittings. It is engaged in producing Polyvinyl Chloride (PVC), Unplasticized Polyvinyl Chloride (uPVC), and Chlorinated Polyvinyl Chloride (cPVC) pipes, fittings, and related products. It is a manufacturer and supplier of a comprehensive range of Polyvinyl Chloride (PVC), Unplasticized Polyvinyl Chloride (uPVC), and Chlorinated Polyvinyl Chloride (cPVC) pipes, fittings, and related products for various applications in plumbing, irrigation, and SWR (Soil, Waste, and Rainwater) management. The company caters to both rural and urban markets and provides longlasting solutions for water distribution, wastewater management, and drainage.
19GF Score

Get the complete analysis for NSE:VIGOR

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

₹94.25
Price