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Agha Steel Industries (KAR:AGHA) Change In Receivables : ₨-1,549 Mil (TTM As of Mar. 2024)


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What is Agha Steel Industries Change In Receivables?

Agha Steel Industries's change in receivables for the quarter that ended in Mar. 2024 was ₨-306 Mil. It means Agha Steel Industries's Accounts Receivable increased by ₨306 Mil from Dec. 2023 to Mar. 2024 .

Agha Steel Industries's change in receivables for the fiscal year that ended in Jun. 2023 was ₨-136 Mil. It means Agha Steel Industries's Accounts Receivable increased by ₨136 Mil from Jun. 2022 to Jun. 2023 .

Agha Steel Industries's Accounts Receivable for the quarter that ended in Mar. 2024 was ₨4,820 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. Agha Steel Industries's Days Sales Outstanding for the three months ended in Mar. 2024 was 166.16.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Agha Steel Industries's liquidation value for the three months ended in Mar. 2024 was ₨-17,592 Mil.

Agha Steel Industries Change In Receivables Historical Data

The historical data trend for Agha Steel 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.

* Premium members only.

Agha Steel Industries Change In Receivables Chart

Agha Steel Industries Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Change In Receivables
161.95 -802.91 -827.26 -1,717.70 -136.05

Agha Steel Industries Quarterly Data
Jun19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 202.45 150.78 637.69 -2,031.21 -306.15

Agha Steel 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨-1,549 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.

Agha Steel Industries  (KAR:AGHA) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4819.704/2646.796*91
=166.16

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

Agha Steel Industries'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)
=388.412-25458.502+0.75 * 4819.704+0.5 * 7725.948
=-17,592

* 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.

Agha Steel Industries Change In Receivables Related Terms

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Agha Steel Industries (KAR:AGHA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Agha Steel Industries Ltd (KAR:AGHA) » Definitions » Change In Receivables
Comparable Companies
KAR:ASTL KAR:ASL KAR:INIL KAR:CSAP KAR:ITTEFAQ KAR:MUGHAL KAR:ISL NUE XKRX:005490 BOM:500228 TSE:5401 SHSE:600019 XAMS:MT STLD NSE:TATASTEEL RS MIC:CHMF TPE:2002 SZSE:000708 SHSE:600010
Traded in Other Exchanges
N/A
Address
G-19 II Talwar, Block 5, Office 801 and 804, 8th Floor, Emerald Tower, Clifton, Karachi, SD, PAK
Website
https://www.aghasteel.com
Agha Steel Industries Ltd is engaged in the business of manufacturing and sale of steel bars, wire rods, and billets in Pakistan. The products of the company include Billets, Earthquake-resistant rebar G-60, Arcon 615 deformed Bar G-60, and E bar G-500+.

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