Sapphire Textile Mills (KAR:SAPT) Change In Receivables : ₨-8,705 Mil (TTM As of Mar. 2024)

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What is Sapphire Textile Mills Change In Receivables?

Sapphire Textile Mills's change in receivables for the quarter that ended in Mar. 2024 was ₨1,736 Mil. It means Sapphire Textile Mills's Accounts Receivable declined by ₨1,736 Mil from Dec. 2023 to Mar. 2024 .

Sapphire Textile Mills's change in receivables for the fiscal year that ended in Jun. 2023 was ₨207 Mil. It means Sapphire Textile Mills's Accounts Receivable declined by ₨207 Mil from Jun. 2022 to Jun. 2023 .

Sapphire Textile Mills's Accounts Receivable for the quarter that ended in Mar. 2024 was ₨20,710 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. Sapphire Textile Mills's Days Sales Outstanding for the three months ended in Mar. 2024 was 53.76.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sapphire Textile Mills's liquidation value for the three months ended in Mar. 2024 was ₨-47,642 Mil.

Sapphire Textile Mills Change In Receivables Historical Data

The historical data trend for Sapphire Textile Mills'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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Sapphire Textile Mills Change In Receivables Chart

Sapphire Textile Mills Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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-3,575.72

-4,146.69

-563.93

-7,929.75

206.96

Sapphire Textile Mills 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															4,641.20	-6,526.43	-1,424.60	-2,489.67	1,736.02

Sapphire Textile Mills 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 ₨-8,705 Mil.

Sapphire Textile Mills (KAR:SAPT) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	20709.711	/	35155.074	*	91
=	53.76

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

Sapphire Textile Mills'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)
=	23857.698	-	106558.748	+	0.75 * 20709.711	+	0.5 * 39053.032
=	-47,642

Sapphire Textile Mills Change In Receivables Related Terms

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Sapphire Textile Mills (KAR:SAPT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Sapphire Textile Mills Ltd (KAR:SAPT) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

I. I. Chundrigar Road, 212, Cotton Exchange Building, Karachi, SD, PAK

Website

https://www.sapphire.com.pk/stml

Sapphire Textile Mills Ltd is the company mainly involved in the manufacturing and sale of yarn, fabrics, home textile products, finishing and printing of fabrics. Its segments include Spinning, Weaving, Processing, printing, Home Textile & Textile Retail, and Power Generation. Geographically, it generates the majority of the revenue from the domestic market.

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