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Stovec Industries (BOM:504959) Change In Receivables : ₹0 Mil (TTM As of Dec. 2023)


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What is Stovec Industries Change In Receivables?

Stovec Industries's change in receivables for the quarter that ended in Dec. 2023 was ₹0 Mil. It means Stovec Industries's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Stovec Industries's change in receivables for the fiscal year that ended in Dec. 2023 was ₹-79 Mil. It means Stovec Industries's Accounts Receivable increased by ₹79 Mil from Dec. 2022 to Dec. 2023 .

Stovec Industries's Accounts Receivable for the quarter that ended in Dec. 2023 was ₹312 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. Stovec Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 80.98.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Stovec Industries's liquidation value for the three months ended in Dec. 2023 was ₹368 Mil.


Stovec Industries Change In Receivables Historical Data

The historical data trend for Stovec 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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Stovec Industries Change In Receivables Chart

Stovec Industries 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 -34.71 64.26 -70.43 76.85 -78.73

Stovec Industries 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 - - - - -

Stovec 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.

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 ₹0 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.


Stovec Industries  (BOM:504959) 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.

Stovec Industries's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=311.5/350.99*91
=80.98

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

Stovec Industries'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)
=324.1-482.74+0.75 * 311.5+0.5 * 585.26
=368

* 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.


Stovec Industries Change In Receivables Related Terms

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Stovec Industries (BOM:504959) Business Description

Traded in Other Exchanges
N/A
Address
N.I.D.C., Near Lambha Village, Post Narol, Ahmedabad, GJ, IND, 382 405
Stovec Industries Ltd is engaged in the production of Rotary Screens and Printing Machines and manufacturer of precision metal components. The firm operates in three verticals namely Textile Consumables and Textile Machinery, Graphics Product, and Galvanic. The textile consumables segment comprises perforated rotary screens, lacquer and auxiliary chemicals, rotary screen-printing machines, engraving equipment, components and spares, and digital ink. Graphics Products include anilox rollers, rotamesh screens, and rotaplate. The Galvanic segment consists of Galvano consumables. The Textile consumables segment is the most prominent segment for the firm contributing the majority of the total revenue primarily from India.

Stovec Industries (BOM:504959) Headlines

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