Tata Consultancy Services (Tata Consultancy Services) Change In Receivables : $-194.21 Mil (TTM As of Mar. 2024)

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What is Tata Consultancy Services Change In Receivables?

Tata Consultancy Services's change in receivables for the quarter that ended in Mar. 2024 was $0.00 Mil. It means Tata Consultancy Services's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Tata Consultancy Services's change in receivables for the fiscal year that ended in Mar. 2024 was $-437.60 Mil. It means Tata Consultancy Services's Accounts Receivable increased by $437.60 Mil from Mar. 2023 to Mar. 2024 .

Tata Consultancy Services's Accounts Receivable for the quarter that ended in Mar. 2024 was $5,352.11 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. Tata Consultancy Services's Days Sales Outstanding for the three months ended in Mar. 2024 was 66.21.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tata Consultancy Services's liquidation value for the three months ended in Mar. 2024 was $2,639.98 Mil.

Tata Consultancy Services Change In Receivables Historical Data

The historical data trend for Tata Consultancy Services'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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Tata Consultancy Services Change In Receivables Chart

Tata Consultancy Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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-510.41

143.09

-690.38

-902.19

-437.60

Tata Consultancy Services Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-42.30	-22.50	-129.41	-	-

Tata Consultancy Services 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-194.21 Mil.

Tata Consultancy Services (OTCPK:TTNQY) 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.

Tata Consultancy Services's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5352.114	/	7376.05	*	91
=	66.21

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

Tata Consultancy Services's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5264.667	-	6640.457	+	0.75 * 5352.114	+	0.5 * 3.373
=	2,639.98

Tata Consultancy Services Change In Receivables Related Terms

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Tata Consultancy Services (Tata Consultancy Services) Business Description

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Traded in Other Exchanges

TCS:India 532540:India

Address

Raveline Street, TCS House, Fort, Mumbai, MH, IND, 400001

Website

http://www.tcs.com

Tata Consultancy Services is a leading global IT services provider, with nearly 450,000 employees. Based in Mumbai, the India IT services firm leverages its offshore outsourcing model to derive half of its revenue from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service, or BPaaS.