VIP Industries (NSE:VIPIND) Change In Receivables: ₹0 Mil (TTM As of Mar. 2026)


NSE:VIPIND VIP Industries Ltd NSE:VIPIND
72 GF Score
Price ₹308.35
GF Value ₹401.88
Valuation Modestly Undervalued
! 7 Warning Signs
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What is VIP Industries Change In Receivables?

VIP Industries NSE:VIPIND -1.78% 72 Change In Receivables is ₹0 Mil as of Mar. 2026. GuruFocus rates NSE:VIPIND with a GF Score™ of 72/100 and a GF Value™ of ₹401.88 (Modestly Undervalued). The stock has 7 warning signs investors should review.

VIP Industries's change in receivables for the quarter that ended in Mar. 2026 was ₹0 Mil. It means VIP Industries's Accounts Receivable stayed the same from Dec. 2025 to Mar. 2026 .

VIP Industries's change in receivables for the fiscal year that ended in Mar. 2026 was ₹876 Mil. It means VIP Industries's Accounts Receivable declined by ₹876 Mil from Mar. 2025 to Mar. 2026 .

VIP Industries's Accounts Receivable for the quarter that ended in Mar. 2026 was ₹2,705 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. VIP Industries's Days Sales Outstanding for the three months ended in Mar. 2026 was 56.59.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. VIP Industries's liquidation value for the three months ended in Mar. 2026 was ₹-7,488 Mil.

VIP Industries  (NSE:VIPIND) 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.

VIP Industries's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2705.4/4362.3*91
=56.59

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

VIP Industries's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1268.1-13147.2+0.75 * 2705.4+0.5 * 4724.5
=-7,488

* 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.

VIP Industries Change In Receivables Related Terms

VIP Industries Change In Receivables Historical Data

* Premium members only.

The historical data trend for VIP Industries'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.

VIP Industries Change In Receivables Chart

VIP Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -864.60 -673.10 -784.80 -485.10 875.80

VIP Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
NSE:VIPIND
72GF Score
VIP Industries Ltd NSE:VIPIND
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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VIP Industries 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 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 ₹0 Mil mean?
VIP Industries (NSE:VIPIND) has a Change In Receivables of ₹0 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for VIP Industries and its competitors.
Is VIP Industries' Change In Receivables too high?
VIP Industries' current Change In Receivables is ₹0 Mil. Overall, VIP Industries has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VIP Industries' Change In Receivables compare to NKE and DECK?
VIP Industries' Change In Receivables of ₹0 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Change In Receivables depends on the Manufacturing - Apparel & Accessories 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 VIP Industries and its competitors. VIP Industries's current Change In Receivables is ₹0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIP Industries stock overvalued right now?
Based on GuruFocus' analysis, VIP Industries (NSE:VIPIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹401.88, compared to a current price of ₹308.35 — trading 23.3% below its estimated fair value. The current Change In Receivables is ₹0 Mil. VIP Industries' overall GF Score™ is 72/100 with 7 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 VIP Industries (NSE:VIPIND), the current Change In Receivables is ₹0 Mil as of Mar. 2026. 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.

Is VIP Industries (NSE:VIPIND) Overvalued in 2026?

Based on GuruFocus' analysis, VIP Industries stock appears to be undervalued. The current stock price of ₹308.35 is trading 23.3% below its estimated GF Value™ of ₹401.88. GuruFocus considers VIP Industries to be Modestly Undervalued.

Key valuation signals for NSE:VIPIND:

  • Change In Receivables: ₹0 Mil
  • GF Value™: ₹401.88 vs. price of ₹308.35 (23.3% below fair value)
  • GF Score™: 72/100 with 7 warning signs

No single metric tells the full story. See the NSE:VIPIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

VIP Industries Business Description

Other Exchanges 507880:India
Address 88-C, Old Prabhadevi Road, DGP House, 5th Floor, Mumbai, MH, IND, 400 025
VIP Industries Ltd is a luggage manufacturer based in India. The company's only segment is the manufacturing and marketing of luggage, bags, and accessories. Geographically, it derives a majority of revenue from India. VIP has a range of brands across luggage categories including Carlton, VIP Bags, Skybags, Aristocrat, Alfa, and Caprese through which it sells trolleys, rucksacks, backpacks, duffel bags, laptop bags, travel accessories, short-haul essentials, soft uprights, vanity cases, hard suitcases, briefcases, and others.
72GF Score

Get the complete analysis for NSE:VIPIND

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

₹308.35
Price
₹401.88
GF Value