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Tata Technologies (BOM:544028) Change In Receivables : ₹0 Mil (TTM As of Mar. 2024)


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What is Tata Technologies Change In Receivables?

Tata Technologies's change in receivables for the quarter that ended in Mar. 2024 was ₹0 Mil. It means Tata Technologies's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Tata Technologies's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-231 Mil. It means Tata Technologies's Accounts Receivable increased by ₹231 Mil from Mar. 2023 to Mar. 2024 .

Tata Technologies's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹9,671 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 Technologies's Days Sales Outstanding for the three months ended in Mar. 2024 was 68.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tata Technologies's liquidation value for the three months ended in Mar. 2024 was ₹-6,693 Mil.


Tata Technologies Change In Receivables Historical Data

The historical data trend for Tata Technologies'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.

Tata Technologies Change In Receivables Chart

Tata Technologies Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Change In Receivables
-441.59 1,482.86 -1,874.93 -3,035.70 -230.80

Tata Technologies Quarterly Data
Mar20 Mar21 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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Tata Technologies 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 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.


Tata Technologies  (BOM:544028) 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 Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9671.1/12970.6*91
=68.04

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

Tata Technologies'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)
=9628.6-23575+0.75 * 9671.1+0.5 * 0
=-6,693

* 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 Technologies (BOM:544028) Business Description

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Address
Plot No. 25, Rajiv Gandhi Infotech Park, Hinjawadi, Pune, MH, IND, 411 057
Tata Technologies Ltd is a engineering services company offering product development and digital solutions, including turnkey solutions, to original equipment manufacturers (OEMs) and their tier-1 suppliers. It endeavors to create value for its clients by helping them develop safer products, and cleaner and improve the quality of life for their end-customers. It has deep domain expertise in the automotive industry and leverages this expertise to serve its clients in adjacent industries, such as aerospace and transportation and construction heavy machinery. As an organization, it brings together diverse teams from different parts of the world with multiple skill sets to collaborate in real time and solve complex engineering problems for its clients.

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