AB Cotspin India (NSE:ABCOTS) Change In Receivables : ₹-148 Mil (TTM As of Sep. 2023)

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What is AB Cotspin India Change In Receivables?

AB Cotspin India's change in receivables for the quarter that ended in Sep. 2023 was ₹-104 Mil. It means AB Cotspin India's Accounts Receivable increased by ₹104 Mil from Mar. 2023 to Sep. 2023 .

AB Cotspin India's change in receivables for the fiscal year that ended in Mar. 2023 was ₹-54 Mil. It means AB Cotspin India's Accounts Receivable increased by ₹54 Mil from Mar. 2022 to Mar. 2023 .

AB Cotspin India's Accounts Receivable for the quarter that ended in Sep. 2023 was ₹238 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. AB Cotspin India's Days Sales Outstanding for the six months ended in Sep. 2023 was 39.19.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. AB Cotspin India's liquidation value for the six months ended in Sep. 2023 was ₹-681 Mil.

AB Cotspin India Change In Receivables Historical Data

The historical data trend for AB Cotspin India'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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AB Cotspin India Change In Receivables Chart

AB Cotspin India Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

-19.45

1.09

12.47

-7.99

-54.21

AB Cotspin India Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial			-	-	-9.81	-44.41	-103.80

AB Cotspin India 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-148 Mil.

AB Cotspin India (NSE:ABCOTS) 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.

AB Cotspin India's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	238.414	/	1110.153	*	91
=	39.19

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

AB Cotspin India's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3.957	-	1036.332	+	0.75 * 238.414	+	0.5 * 345.945
=	-681

AB Cotspin India Change In Receivables Related Terms

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AB Cotspin India (NSE:ABCOTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » AB Cotspin India Ltd (NSE:ABCOTS) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Goniana Road, NH-54, Near lake-3, Bathinda, PB, IND, 151001

Website

https://www.abcotspin.com

AB Cotspin India Ltd has one segment of activity namely Cotton Ginning. Revenue is generated from the sale of products. The company is engaged in manufacturing cotton yarns & fabrics both combed and karded, knitted fabric, cottonseed oil and oilcake catering to the requirements of niche customers who in turn are engaged in making garments for their international buyers.

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