RITES (BOM:541556) Change In Receivables : ₹0 Mil (TTM As of Mar. 2024)

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What is RITES Change In Receivables?

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

RITES's change in receivables for the fiscal year that ended in Mar. 2024 was ₹45 Mil. It means RITES's Accounts Receivable declined by ₹45 Mil from Mar. 2023 to Mar. 2024 .

RITES's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹8,999 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. RITES's Days Sales Outstanding for the three months ended in Mar. 2024 was 127.53.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. RITES's liquidation value for the three months ended in Mar. 2024 was ₹12,181 Mil.

RITES Change In Receivables Historical Data

The historical data trend for RITES'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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RITES Change In Receivables Chart

RITES Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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-3,735.80

1,436.30

-1,470.40

-1,826.70

45.40

RITES 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															-	-	-	-	-

RITES 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.

RITES (BOM:541556) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	8998.5	/	6438.5	*	91
=	127.53

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

RITES'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)
=	34812.6	-	29405.1	+	0.75 * 8998.5	+	0.5 * 49.3
=	12,181

RITES Change In Receivables Related Terms

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RITES (BOM:541556) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » RITES Ltd (BOM:541556) » Definitions » Change In Receivables

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RITES:India

Address

Plot No. 1, Shikhar, Sector - 29, Gurugram, HR, IND, 122001

Website

https://www.rites.com

RITES Ltd is a multi-disciplinary consultancy organization. The company's operating segment includes Consultancy Services, Leasing of railway rolling stock and equipment, Export of rolling stock, equipment and spares, Turnkey Construction Projects, and Power Generation. The firm generates a majority of its revenue from Consultancy services. The firm operates in various sectors such as airports, highways, bridge and tunnel engineering, and industrial engineering among others. Geographically, it derives a majority of revenue from India.

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