NVL (Novelis) Other Current Receivables: $89.00 Mil (As of Mar. 2024)

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What is Novelis Other Current Receivables?

Novelis NVL Other Current Receivables is $89.00 Mil as of Mar. 2024.

Novelis's Other Current Receivables for the quarter that ended in Mar. 2024 was $89.00 Mil.

Novelis's quarterly Other Current Receivables stayed the same from Sep. 2023 ($-7.00 Mil) to Dec. 2023 ($-7.00 Mil) but then increased from Dec. 2023 ($-7.00 Mil) to Mar. 2024 ($89.00 Mil).

Novelis's annual Other Current Receivables declined from Mar. 2015 ($134.00 Mil) to Mar. 2023 ($101.00 Mil) and declined from Mar. 2023 ($101.00 Mil) to Mar. 2024 ($89.00 Mil).

Novelis Other Current Receivables Related Terms

Novelis Other Current Receivables Historical Data

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The historical data trend for Novelis's Other Current 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.

Novelis Other Current Receivables Chart

Novelis Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar23 Mar24
Other Current Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 54.00 134.00 101.00 89.00

Novelis Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Mar23 Jun23 Sep23 Dec23 Mar24
Other Current 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 101.00 -7.00 -7.00 -7.00 89.00

Novelis Other Current Receivables Calculation

GuruFocus uses a standardized financial statement format for all companies. GuruFocus lists Accounts Receivable, Notes Receivable , Loans Receivable and Other Current Receivables under the "Total Receivables" section.

What does a Other Current Receivables of $89.00 Mil mean?
Novelis (NVL) has a Other Current Receivables of $89.00 Mil as of Mar. 2024. Other Current Receivables is other current receivables of that not otherwise classified. View historical data on Novelis and its competitors.
Is Novelis' Other Current Receivables too high?
Novelis' current Other Current Receivables is $89.00 Mil.
How does Novelis' Other Current Receivables compare to ?
Novelis' Other Current Receivables of $89.00 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Current Receivables for a Metals & Mining company?
A good Other Current Receivables depends on the Metals & Mining industry context. However, Other Current 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 Other Current Receivables mean?
A high Other Current Receivables can signal that a stock is expensive relative to its fundamentals. Other Current Receivables is other current receivables of that not otherwise classified. View historical data on Novelis and its competitors. Novelis's current Other Current Receivables is $89.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novelis stock overvalued right now?
Novelis (NVL) has a current Other Current Receivables of $89.00 Mil. The current Other Current Receivables is $89.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Receivables calculated?
Other Current Receivables is calculated from a company's financial statements. For Novelis (NVL), the current Other Current Receivables is $89.00 Mil as of Mar. 2024. 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.

Novelis Business Description

Comparable Companies
Address 3560 Lenox Road, Suite 2000, Atlanta, GA, USA, 30326
Novelis Inc is aluminum rolled product producer, with operations on four continents. It acquires and recycles aluminum and processes it into semifinished coils in various tempers, gauges, and widths. Company has four geographical segment North America, Europe, Asia, and South America. Each segment manufactures aluminum sheet and light gauge products and recycles aluminum, while Asia and Europe segments also produce aerospace and industries.