RNW (ReNew Energy Global) Change In Receivables : $-18 Mil (TTM As of Sep. 2024)

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What is ReNew Energy Global Change In Receivables?

ReNew Energy Global's change in receivables for the quarter that ended in Sep. 2024 was $-30 Mil. It means ReNew Energy Global's Accounts Receivable increased by $30 Mil from Jun. 2024 to Sep. 2024 .

ReNew Energy Global's change in receivables for the fiscal year that ended in Mar. 2024 was $47 Mil. It means ReNew Energy Global's Accounts Receivable declined by $47 Mil from Mar. 2023 to Mar. 2024 .

ReNew Energy Global's Accounts Receivable for the quarter that ended in Sep. 2024 was $236 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. ReNew Energy Global's Days Sales Outstanding for the three months ended in Sep. 2024 was 67.59.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ReNew Energy Global's liquidation value for the three months ended in Sep. 2024 was $-8,419 Mil.

ReNew Energy Global Change In Receivables Historical Data

The historical data trend for ReNew Energy Global'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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ReNew Energy Global Change In Receivables Chart

ReNew Energy Global Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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-91.48

-150.94

-127.73

83.86

46.58

ReNew Energy Global Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial														-12.13	50.03	3.07	-40.81	-29.81

ReNew Energy Global 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-18 Mil.

ReNew Energy Global (NAS:RNW) 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.

ReNew Energy Global's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	236.326	/	319.068	*	91
=	67.59

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

ReNew Energy Global's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	953.336	-	9559.475	+	0.75 * 236.326	+	0.5 * 20.682
=	-8,419

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ReNew Energy Global Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » ReNew Energy Global PLC (NAS:RNW) » Definitions » Change In Receivables

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7JU:Germany

Address

C/o Vistra (UK) Ltd., Suite 3, 7th Floor, No. 50, Broadway, London, GBR, SW1H 0DB

Website

https://www.renew.com

ReNew Energy Global PLC is a developer and operator of clean energy projects intended to meet India's growing energy needs in an efficient, sustainable and socially responsible manner. The company provides end-to-end solutions in a just and inclusive manner in the areas of clean energy, value-added energy offerings through digitalization, storage, and carbon markets that increasingly are integral to addressing climate change. The company has four reportable segments: wind power and solar power, hydro power and transmission line. It derives maximum revenue from Wind Power segment.