Ahasolar Technologies (BOM:543941) Change In Receivables : ₹-13.3 Mil (TTM As of Mar. 2024)

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What is Ahasolar Technologies Change In Receivables?

Ahasolar Technologies's change in receivables for the quarter that ended in Mar. 2024 was ₹-13.3 Mil. It means Ahasolar Technologies's Accounts Receivable increased by ₹13.3 Mil from Mar. 2023 to Mar. 2024 .

Ahasolar Technologies's change in receivables for the fiscal year that ended in Mar. 2024 was ₹-13.3 Mil. It means Ahasolar Technologies's Accounts Receivable increased by ₹13.3 Mil from Mar. 2023 to Mar. 2024 .

Ahasolar Technologies's Accounts Receivable for the quarter that ended in Mar. 2024 was ₹45.1 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. Ahasolar Technologies's Days Sales Outstanding for the six months ended in Mar. 2024 was 19.63.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ahasolar Technologies's liquidation value for the six months ended in Mar. 2024 was ₹59.2 Mil.

Ahasolar Technologies Change In Receivables Historical Data

The historical data trend for Ahasolar Technologies'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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Ahasolar Technologies Change In Receivables Chart

Ahasolar Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

-7.02

6.42

1.00

-19.26

-13.27

Ahasolar Technologies Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Mar24
Change In Receivables	-7.02	6.42	1.00	-19.26	-13.27

Ahasolar Technologies 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. 2024 was ₹-13.3 Mil.

Ahasolar Technologies (BOM:543941) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	45.101	/	419.218	*	91
=	19.63

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

Ahasolar Technologies'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)
=	42.318	-	17.015	+	0.75 * 45.101	+	0.5 * 0.162
=	59.2

Ahasolar Technologies Change In Receivables Related Terms

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Ahasolar Technologies (BOM:543941) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Ahasolar Technologies Ltd (BOM:543941) » Definitions » Change In Receivables

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Address

Sattadhar Cross Road, Office No. 207, Kalasagar Shopping Hub, Opposite Saibaba Temple, Ghatlodiya, Ahmedabad, GJ, IND, 380061

Website

https://www.ahasolar.in

Ahasolar Technologies Ltd is engaged in the business of Cleantech enabling Energy Transition through Digital Transformation and henceforth empowering stakeholders to adopt renewable energy. Its primary focus in renewable energy has been in the solar industry and to cater to it the company developed an AI-based intelligent Solar Digital Platform. It has developed Software as a Service (SaaS) products for solar companies to streamline the processes, design PV, do project management, and monitor generation along with an integrated Marketplace to connect the demand & supply digitally. The company's core businesses are Solar Software Services, Solar Marketplace, and Solar Advisory and Consultancy services.

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