Al-Ghazi Tractors (KAR:AGTL) Change In Receivables : ₨-652 Mil (TTM As of Mar. 2024)

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What is Al-Ghazi Tractors Change In Receivables?

Al-Ghazi Tractors's change in receivables for the quarter that ended in Mar. 2024 was ₨-798 Mil. It means Al-Ghazi Tractors's Accounts Receivable increased by ₨798 Mil from Dec. 2023 to Mar. 2024 .

Al-Ghazi Tractors's change in receivables for the fiscal year that ended in Dec. 2023 was ₨155 Mil. It means Al-Ghazi Tractors's Accounts Receivable declined by ₨155 Mil from Dec. 2022 to Dec. 2023 .

Al-Ghazi Tractors's Accounts Receivable for the quarter that ended in Mar. 2024 was ₨664 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. Al-Ghazi Tractors's Days Sales Outstanding for the three months ended in Mar. 2024 was 6.38.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Al-Ghazi Tractors's liquidation value for the three months ended in Mar. 2024 was ₨-4,140 Mil.

Al-Ghazi Tractors Change In Receivables Historical Data

The historical data trend for Al-Ghazi Tractors'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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Al-Ghazi Tractors Change In Receivables Chart

Al-Ghazi Tractors Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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1,014.81

-561.33

-1,598.62

-1,316.90

154.78

Al-Ghazi Tractors Quarterly Data
	Jun19	Sep19	Dec19	Mar20	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															8.49	-149.27	-661.32	956.89	-798.48

Al-Ghazi Tractors 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 ₨-652 Mil.

Al-Ghazi Tractors (KAR:AGTL) 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.

Al-Ghazi Tractors's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	663.687	/	9496.684	*	91
=	6.38

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

Al-Ghazi Tractors'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)
=	1132.74	-	9937.485	+	0.75 * 663.687	+	0.5 * 8333.031
=	-4,140

Al-Ghazi Tractors Change In Receivables Related Terms

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Al-Ghazi Tractors (KAR:AGTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Al-Ghazi Tractors Ltd (KAR:AGTL) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

16th East Street, Off. Korangi Road, Tractor House, No.102-B, DHA Phase I, Karachi, PAK

Website

https://www.alghazitractors.com

Al-Ghazi Tractors Ltd is an agricultural equipment manufacturer in Pakistan. Its major operating segment includes the manufacture and sale of agricultural tractors, implements and spare parts which generates most of the company's revenue. The company's other activities include implements and generators. Its implements segment comprises cultivators, disk harrows, potato diggers, sprayers, ploughs and all other equipment which aid agriculture and the generator segment offers energy-efficient diesel generators. Geographically, it derives a majority of revenue from Pakistan.

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