Ranjeet Mechatronics (BOM:541945) Change In Receivables : ₹18.2 Mil (TTM As of Sep. 2023)

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What is Ranjeet Mechatronics Change In Receivables?

Ranjeet Mechatronics's change in receivables for the quarter that ended in Sep. 2023 was ₹2.6 Mil. It means Ranjeet Mechatronics's Accounts Receivable declined by ₹2.6 Mil from Mar. 2023 to Sep. 2023 .

Ranjeet Mechatronics's change in receivables for the fiscal year that ended in Mar. 2023 was ₹48.7 Mil. It means Ranjeet Mechatronics's Accounts Receivable declined by ₹48.7 Mil from Mar. 2022 to Mar. 2023 .

Ranjeet Mechatronics's Accounts Receivable for the quarter that ended in Sep. 2023 was ₹53.7 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. Ranjeet Mechatronics's Days Sales Outstanding for the six months ended in Sep. 2023 was 191.07.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ranjeet Mechatronics's liquidation value for the six months ended in Sep. 2023 was ₹-65.7 Mil.

Ranjeet Mechatronics Change In Receivables Historical Data

The historical data trend for Ranjeet Mechatronics'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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Ranjeet Mechatronics Change In Receivables Chart

Ranjeet Mechatronics Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-22.71

-20.69

-29.09

-7.73

48.69

Ranjeet Mechatronics Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial											57.69	-65.42	33.07	15.61	2.56

Ranjeet Mechatronics 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹18.2 Mil.

Ranjeet Mechatronics (BOM:541945) 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.

Ranjeet Mechatronics's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	53.685	/	51.276	*	91
=	191.07

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

Ranjeet Mechatronics's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	28.594	-	221.393	+	0.75 * 53.685	+	0.5 * 173.656
=	-65.7

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Ranjeet Mechatronics (BOM:541945) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ranjeet Mechatronics Ltd (BOM:541945) » Definitions » Change In Receivables

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Address

Anand Nagar Char Rasta, Prahlad Nagar Road, Block A, Office No. 407/408, 4th Floor, Dev Aurum, Ahmedabad, GJ, IND, 380 015

Website

https://www.ranjeet.co.in

Ranjeet Mechatronics Ltd is a company providing specialized firefighting solutions as a system integrator. It provides end-to-end solutions in the installation, designing, commission, testing, implementation, management and operational support for technology-based security and fire solutions. Products and services offered by the company include a fire sprinkler system, fire detection system, gas suppression system, fire extinguishers system, fire hydrant system, high-velocity water spray system, and a medium-velocity water spray system.

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