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National Fittings (BOM:531289) Change In Receivables : ₹0.0 Mil (TTM As of Mar. 2024)


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What is National Fittings Change In Receivables?

National Fittings's change in receivables for the quarter that ended in Mar. 2024 was ₹0.0 Mil. It means National Fittings's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

National Fittings's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-11.4 Mil. It means National Fittings's Accounts Receivable increased by ₹11.4 Mil from Mar. 2023 to Mar. 2024 .

National Fittings's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹58.2 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. National Fittings's Days Sales Outstanding for the three months ended in Mar. 2024 was 24.54.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. National Fittings's liquidation value for the three months ended in Mar. 2024 was ₹-64.0 Mil.


National Fittings Change In Receivables Historical Data

The historical data trend for National Fittings'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.

National Fittings Change In Receivables Chart

National Fittings 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 13.34 -0.45 1.01 -20.55 -11.38

National Fittings 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 - - - - -

National Fittings 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 ₹0.0 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.


National Fittings  (BOM:531289) 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.

National Fittings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=58.2/216.434*91
=24.54

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

National Fittings'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)
=108.6-289+0.75 * 58.2+0.5 * 145.6
=-64.0

* 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.


National Fittings Change In Receivables Related Terms

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National Fittings (BOM:531289) Business Description

Traded in Other Exchanges
N/A
Address
SF No.112, Madhapur Road, Kaniyur villlage, Sulur Taluk, Karumathampatti Via, Coimbatore, TN, IND, 641 659
National Fittings Ltd is a manufacturer of piping components for various industries. The company manufactures and sells SG Iron Grooved and Screwed Pipe Fittings, Stainless Pipe Fittings, and Ball Valves for industrial and non-industrial applications. Geographically the company generate the majority of its revenue from export.

National Fittings (BOM:531289) Headlines

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