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Micropro Software Solutions (NSE:MICROPRO) Change In Receivables : ₹-63.9 Mil (TTM As of Mar. 2023)


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What is Micropro Software Solutions Change In Receivables?

Micropro Software Solutions's change in receivables for the quarter that ended in Mar. 2023 was ₹-63.9 Mil. It means Micropro Software Solutions's Accounts Receivable increased by ₹63.9 Mil from Mar. 2022 to Mar. 2023 .

Micropro Software Solutions's change in receivables for the fiscal year that ended in Mar. 2023 was ₹-63.9 Mil. It means Micropro Software Solutions's Accounts Receivable increased by ₹63.9 Mil from Mar. 2022 to Mar. 2023 .

Micropro Software Solutions's Accounts Receivable for the quarter that ended in Mar. 2023 was ₹121.4 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. Micropro Software Solutions's Days Sales Outstanding for the six months ended in Mar. 2023 was 101.02.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Micropro Software Solutions's liquidation value for the six months ended in Mar. 2023 was ₹19.7 Mil.

Micropro Software Solutions Change In Receivables Historical Data

The historical data trend for Micropro Software Solutions'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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Micropro Software Solutions Change In Receivables Chart

Micropro Software Solutions Annual Data
Trend Mar21 Mar22 Mar23
Change In Receivables
-0.46 -20.18 -63.93

Micropro Software Solutions Semi-Annual Data
Mar21 Mar22 Mar23
Change In Receivables -0.46 -20.18 -63.93

Micropro Software Solutions 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. 2023 was ₹-63.9 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.

Micropro Software Solutions  (NSE:MICROPRO) 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.

Micropro Software Solutions's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=121.425/219.364*91
=101.02

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

Micropro Software Solutions's liquidation value for the quarter that ended in Mar. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=18.149-91.136+0.75 * 121.425+0.5 * 3.327
=19.7

* 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.

Micropro Software Solutions Change In Receivables Related Terms

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Micropro Software Solutions (NSE:MICROPRO) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Micropro Software Solutions Ltd (NSE:MICROPRO) » Definitions » Change In Receivables
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Address
Gayatri Nagar Road, Plot NO. 28, 102 Wing A, 7th Floor, VIPL IT Park Building, Nagpur, MH, IND, 440022
Website
https://www.microproindia.com
Micropro Software Solutions Ltd is engaged in the business of providing software development, maintenance services as well as trading of hardware and software products. The company provides consulting along with technical services and IT solutions to its clients across different industries. The services offered by the company include IT Infrastructure Management, Manpower Services, Network and Security Services among others. It also offers software products such as HospyCare, OpenSys-Logix, OpenSys MicroBooks and others.

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