Siddhika Coatings (NSE:SIDDHIKA) Change In Receivables : ₹14.5 Mil (TTM As of Mar. 2022)

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What is Siddhika Coatings Change In Receivables?

Siddhika Coatings's change in receivables for the quarter that ended in Mar. 2022 was ₹-3.9 Mil. It means Siddhika Coatings's Accounts Receivable increased by ₹3.9 Mil from Sep. 2021 to Mar. 2022 .

Siddhika Coatings's change in receivables for the fiscal year that ended in Mar. 2023 was ₹-5.9 Mil. It means Siddhika Coatings's Accounts Receivable increased by ₹5.9 Mil from Mar. 2022 to Mar. 2023 .

Siddhika Coatings's Accounts Receivable for the quarter that ended in Mar. 2022 was ₹46.7 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. Siddhika Coatings's Days Sales Outstanding for the six months ended in Mar. 2022 was 71.21.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Siddhika Coatings's liquidation value for the six months ended in Mar. 2022 was ₹106.6 Mil.

Siddhika Coatings Change In Receivables Historical Data

The historical data trend for Siddhika Coatings'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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Siddhika Coatings Change In Receivables Chart

Siddhika Coatings Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-19.12

1.27

17.98

14.50

-5.94

Siddhika Coatings Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Mar23
Change In Receivables	Get a 7-Day Free Trial			11.73	6.26	18.43	-3.93	-

Siddhika Coatings 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹14.5 Mil.

Siddhika Coatings (NSE:SIDDHIKA) 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.

Siddhika Coatings's Days Sales Outstanding for the quarter that ended in Mar. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	46.666	/	119.595	*	91
=	71.21

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

Siddhika Coatings's liquidation value for the quarter that ended in Mar. 2022 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	101.449	-	43.723	+	0.75 * 46.666	+	0.5 * 27.804
=	106.6

Siddhika Coatings Change In Receivables Related Terms

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Siddhika Coatings (NSE:SIDDHIKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Siddhika Coatings Ltd (NSE:SIDDHIKA) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

L-9, Lower Ground Floor Kalkaj, South Delhi, New Delhi, IND, 110019

Website

https://www.siddhika.com

Siddhika Coatings Ltd is a texture paint contract company in the single-brand segment. The paints industry is mainly divided into two segments Decorative and Industrial. The decorative segment accounts for a portion of the paint industry's value, around 75%, and the industrial segment accounts for the rest 25% of the industry's value.

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