Mahindra & Mahindra Financial Services (NSE:M&MFIN) Change In Receivables : ₹0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Mahindra & Mahindra Financial Services Change In Receivables?

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

Mahindra & Mahindra Financial Services's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-714 Mil. It means Mahindra & Mahindra Financial Services's Accounts Receivable increased by ₹714 Mil from Mar. 2023 to Mar. 2024 .

Mahindra & Mahindra Financial Services's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹0 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. Mahindra & Mahindra Financial Services's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Mahindra & Mahindra Financial Services's liquidation value for the three months ended in Mar. 2024 was ₹-1,002,859 Mil.

Mahindra & Mahindra Financial Services Change In Receivables Historical Data

The historical data trend for Mahindra & Mahindra Financial Services'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.

Mahindra & Mahindra Financial Services Change In Receivables Chart

Mahindra & Mahindra Financial Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

Get a 7-Day Free Trial

20.30

-174.20

-203.10

-221.50

-714.10

Mahindra & Mahindra Financial Services Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Mahindra & Mahindra Financial Services 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.

Mahindra & Mahindra Financial Services (NSE:M&MFIN) 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.

Mahindra & Mahindra Financial Services's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	22135.6	*	91
=	0.00

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

Mahindra & Mahindra Financial Services'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)
=	34550.1	-	1037409.3	+	0.75 * 0	+	0.5 * 0
=	-1,002,859

Mahindra & Mahindra Financial Services Change In Receivables Related Terms

Thank you for viewing the detailed overview of Mahindra & Mahindra Financial Services's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Mahindra & Mahindra Financial Services (NSE:M&MFIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Mahindra & Mahindra Financial Services Ltd (NSE:M&MFIN) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

532720:India

Address

Dr. G M. Bhosale Marg, 4th Floor, Mahindra Towers, A Wing, P.K. Kurne Chowk, Worli, Mumbai, MH, IND, 400 018

Website

https://www.mahindrafinance.com

Mahindra & Mahindra Financial Services Ltd is a subsidiary of the Indian conglomerate Mahinda & Mahindra. The company is a nonbanking financial company that serves the financing needs of a sizable population residing in nonmetropolitan areas of India. The company provides a wide range of retail products and services, including financing vehicles for commercial and personal use, tractors, small to medium enterprise loans, and other financial products. The company also operates in other niche markets. It has introduced mutual fund distributions, fixed deposit products, and personal loans. The company's main source of revenue is interest income from its loans.

Mahindra & Mahindra Financial Services (NSE:M&MFIN) Headlines

No Headlines