Afloat Enterprises (BOM:543377) Change In Receivables : ₹1.27 Mil (TTM As of Mar. 2024)

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What is Afloat Enterprises Change In Receivables?

Afloat Enterprises's change in receivables for the quarter that ended in Mar. 2024 was ₹-12.19 Mil. It means Afloat Enterprises's Accounts Receivable increased by ₹12.19 Mil from Sep. 2023 to Mar. 2024 .

Afloat Enterprises's change in receivables for the fiscal year that ended in Mar. 2024 was ₹1.27 Mil. It means Afloat Enterprises's Accounts Receivable declined by ₹1.27 Mil from Mar. 2023 to Mar. 2024 .

Afloat Enterprises's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹0.00 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Afloat Enterprises's liquidation value for the six months ended in Mar. 2024 was ₹-0.39 Mil.

Afloat Enterprises Change In Receivables Historical Data

The historical data trend for Afloat Enterprises'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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Afloat Enterprises Change In Receivables Chart

Afloat Enterprises Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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-76.67

73.70

-6.52

-1.31

1.27

Afloat Enterprises Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Change In Receivables	Get a 7-Day Free Trial				-	-1.96	0.65	13.45	-12.19

Afloat Enterprises 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 semi-annually data reported by the company within the most recent 12 months, which was ₹1.27 Mil.

Afloat Enterprises (BOM:543377) 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.

Afloat Enterprises'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	/	0	*	91
=

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

Afloat Enterprises'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)
=	0.244	-	0.629	+	0.75 * 0	+	0.5 * 0
=	-0.39

Afloat Enterprises Change In Receivables Related Terms

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Afloat Enterprises (BOM:543377) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Afloat Enterprises Ltd (BOM:543377) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Aggarwal Plaza, Plot 3, Shop 325, DDA Community Centre, Sector-14, Rohini, New Delhi, IND, 110085

Website

https://www.adishaktiloha.com

Afloat Enterprises Ltd is engaged in the business of trading metals with its core focus on trading in Iron and Steel.

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