Indus Gas (LSE:INDI) Change In Receivables : £1.19 Mil (TTM As of Sep. 2023)

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What is Indus Gas Change In Receivables?

Indus Gas's change in receivables for the quarter that ended in Sep. 2023 was £0.79 Mil. It means Indus Gas's Accounts Receivable declined by £0.79 Mil from Mar. 2023 to Sep. 2023 .

Indus Gas's change in receivables for the fiscal year that ended in Mar. 2023 was £9.67 Mil. It means Indus Gas's Accounts Receivable declined by £9.67 Mil from Mar. 2022 to Mar. 2023 .

Indus Gas's Accounts Receivable for the quarter that ended in Sep. 2023 was £4.60 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. Indus Gas's Days Sales Outstanding for the six months ended in Sep. 2023 was 39.66.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Indus Gas's liquidation value for the six months ended in Sep. 2023 was £-820.36 Mil.

Indus Gas Change In Receivables Historical Data

The historical data trend for Indus Gas'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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Indus Gas Change In Receivables Chart

Indus Gas Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-7.16

1.05

-4.75

11.06

9.67

Indus Gas Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial															15.21	-4.80	9.94	0.40	0.79

Indus Gas 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 £1.19 Mil.

Indus Gas (LSE:INDI) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4.597	/	21.154	*	91
=	39.66

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

Indus Gas'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)
=	3.876	-	830.853	+	0.75 * 4.597	+	0.5 * 6.336
=	-820.36

Indus Gas Change In Receivables Related Terms

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Indus Gas (LSE:INDI) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Indus Gas Ltd (LSE:INDI) » Definitions » Change In Receivables

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INDI.GB:UK 59Q:Germany

Address

Tudor House, 1st Floor, Le Bordage, Saint Peter Port, GGY, GY1 1DB

Website

https://www.indusgas.com

Indus Gas Ltd is an oil and gas exploration and development company. It is mainly engaged in exploring, developing, producing, distributing, and marketing hydrocarbons including natural gas initially in India. The company holds an interest in on-shore Block RJ-ON/6 situated in Indus Basin. Its products include natural gas and by-product condensate. The Company considers that it operates in a single operating segment the production and sale of gas. Geographically, it derives a majority of its revenue from Asia.