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Flair Writing Industries (NSE:FLAIR) Change In Receivables : ₹-443 Mil (TTM As of Mar. 2024)


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What is Flair Writing Industries Change In Receivables?

Flair Writing Industries's change in receivables for the quarter that ended in Mar. 2024 was ₹-443 Mil. It means Flair Writing Industries's Accounts Receivable increased by ₹443 Mil from Mar. 2023 to Mar. 2024 .

Flair Writing Industries's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-443 Mil. It means Flair Writing Industries's Accounts Receivable increased by ₹443 Mil from Mar. 2023 to Mar. 2024 .

Flair Writing Industries's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹2,149 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. Flair Writing Industries's Days Sales Outstanding for the six months ended in Mar. 2024 was 40.07.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Flair Writing Industries's liquidation value for the six months ended in Mar. 2024 was ₹3,035 Mil.

Flair Writing Industries Change In Receivables Historical Data

The historical data trend for Flair Writing Industries'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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Flair Writing Industries Change In Receivables Chart

Flair Writing Industries Annual Data
Trend Mar17 Mar18 Mar21 Mar22 Mar23 Mar24
Change In Receivables
Get a 7-Day Free Trial -128.43 627.19 -313.60 -248.34 -443.04

Flair Writing Industries Semi-Annual Data
Mar17 Mar18 Mar21 Mar22 Mar23 Mar24
Change In Receivables Get a 7-Day Free Trial -128.43 627.19 -313.60 -248.34 -443.04

Flair Writing Industries 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-443 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.

Flair Writing Industries  (NSE:FLAIR) 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.

Flair Writing Industries's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2148.84/9787.25*91
=40.07

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

Flair Writing Industries'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)
=2382.3-2090.96+0.75 * 2148.84+0.5 * 2264.6
=3,035

* 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.

Flair Writing Industries Change In Receivables Related Terms

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Flair Writing Industries (NSE:FLAIR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Flair Writing Industries Ltd (NSE:FLAIR) » Definitions » Change In Receivables
Comparable Companies
Traded in Other Exchanges
544030:India
Address
63 B/C, Government Industrial Estate, Charkop, Kandivali West, Mumbai, MH, IND, 400 067
Website
https://www.flairworld.in
Flair Writing Industries Ltd is engaged in manufacturing pens and other products. It manufactures and distributes several brands in India and due to its ability to manufacture quality products and its distribution and retail capabilities, It is able to partner with various international brands in the writing instruments industry. Its products are sold under its Flair brand, its principal brands Hauser and Pierre Cardin and It has recently introduced ZOOX in India. Its products include ball pens, fountain pens, gel pens, roller pens and metal pens, mechanical pencils, highlighters, correction pens, markers, gel crayons, colouring range, erasers, geometry boxes and kids stationery kits, and calculators.

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