GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Fairfax India Holdings Corp (TSX:FIH.U) » Definitions » Change In Receivables

Fairfax India Holdings (TSX:FIH.U) Change In Receivables : $1.6 Mil (TTM As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Fairfax India Holdings Change In Receivables?

Fairfax India Holdings's change in receivables for the quarter that ended in Dec. 2023 was $0.5 Mil. It means Fairfax India Holdings's Accounts Receivable declined by $0.5 Mil from Sep. 2023 to Dec. 2023 .

Fairfax India Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $1.6 Mil. It means Fairfax India Holdings's Accounts Receivable declined by $1.6 Mil from Dec. 2022 to Dec. 2023 .

Fairfax India Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was $0.0 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. Fairfax India Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 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. Fairfax India Holdings's liquidation value for the three months ended in Dec. 2023 was $-562.1 Mil.


Fairfax India Holdings Change In Receivables Historical Data

The historical data trend for Fairfax India Holdings'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.

Fairfax India Holdings Change In Receivables Chart

Fairfax India Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.48 1.44 -1.77 -0.91 1.60

Fairfax India Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.28 1.51 -0.81 0.40 0.50

Fairfax India Holdings 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.6 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.


Fairfax India Holdings  (TSX:FIH.U) 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.

Fairfax India Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/161.952*91
=0.00

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

Fairfax India Holdings's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=174.615-736.761+0.75 * 0+0.5 * 0
=-562.1

* 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.


Fairfax India Holdings Change In Receivables Related Terms

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


Fairfax India Holdings (TSX:FIH.U) Business Description

Traded in Other Exchanges
Address
95 Wellington Street West, Suite 800, Toronto, ON, CAN, M5J 2N7
Fairfax India Holdings Corp is an investment holding company. The investment objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers, or business conducted in or dependent on India. The company operates through investing in the India segment and it earns income through the source of interest and dividends.

Fairfax India Holdings (TSX:FIH.U) Headlines

No Headlines