GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Miven Machine Tools Ltd (BOM:522036) » Definitions » Change In Receivables

Miven Machine Tools (BOM:522036) Change In Receivables : ₹-0.31 Mil (TTM As of Mar. 2024)


View and export this data going back to 1991. Start your Free Trial

What is Miven Machine Tools Change In Receivables?

Miven Machine Tools's change in receivables for the quarter that ended in Mar. 2024 was ₹0.44 Mil. It means Miven Machine Tools's Accounts Receivable declined by ₹0.44 Mil from Dec. 2023 to Mar. 2024 .

Miven Machine Tools's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-0.31 Mil. It means Miven Machine Tools's Accounts Receivable increased by ₹0.31 Mil from Mar. 2023 to Mar. 2024 .

Miven Machine Tools's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹0.69 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. Miven Machine Tools's Days Sales Outstanding for the three months ended in Mar. 2024 was 28.62.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Miven Machine Tools's liquidation value for the three months ended in Mar. 2024 was ₹-49.32 Mil.


Miven Machine Tools Change In Receivables Historical Data

The historical data trend for Miven Machine Tools'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.

* Premium members only.

Miven Machine Tools Change In Receivables Chart

Miven Machine Tools Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 1.40 -2.15 3.50 -0.31

Miven Machine Tools 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 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 1.67 -0.08 -0.13 -0.54 0.44

Miven Machine Tools 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 ₹-0.31 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.


Miven Machine Tools  (BOM:522036) 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.

Miven Machine Tools's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.685/2.184*91
=28.62

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

Miven Machine Tools'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)
=0.338-50.173+0.75 * 0.685+0.5 * 0
=-49.32

* 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.


Miven Machine Tools Change In Receivables Related Terms

Thank you for viewing the detailed overview of Miven Machine Tools's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Miven Machine Tools (BOM:522036) Business Description

Traded in Other Exchanges
N/A
Address
Tarihal Industrial Area, Tarihal, Hubli, KA, IND, 580026
Miven Machine Tools Ltd is engaged in the manufacturing of CNC horizontal turning lathes. The company manufactures only one type of product i.e. CNC turning machine and ancillary machines, CNC chucker machines, small CNC machines and special-purpose CNC machines and hence operates only in one product segment.

Miven Machine Tools (BOM:522036) Headlines

No Headlines