Vital Chemtech (NSE:VITAL) Change In Receivables : ₹45 Mil (TTM As of Sep. 2023)

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What is Vital Chemtech Change In Receivables?

Vital Chemtech's change in receivables for the quarter that ended in Sep. 2023 was ₹45 Mil. It means Vital Chemtech's Accounts Receivable declined by ₹45 Mil from Mar. 2023 to Sep. 2023 .

Vital Chemtech's change in receivables for the fiscal year that ended in Mar. 2023 was ₹-18 Mil. It means Vital Chemtech's Accounts Receivable increased by ₹18 Mil from Mar. 2022 to Mar. 2023 .

Vital Chemtech's Accounts Receivable for the quarter that ended in Sep. 2023 was ₹367 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. Vital Chemtech's Days Sales Outstanding for the six months ended in Sep. 2023 was 134.59.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Vital Chemtech's liquidation value for the six months ended in Sep. 2023 was ₹206 Mil.

Vital Chemtech Change In Receivables Historical Data

The historical data trend for Vital Chemtech'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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Vital Chemtech Change In Receivables Chart

Vital Chemtech Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Change In Receivables

-120.64

-16.05

-141.74

-17.92

Vital Chemtech Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial			-	-	-	-	44.73

Vital Chemtech 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 ₹45 Mil.

Vital Chemtech (NSE:VITAL) 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.

Vital Chemtech's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	367.036	/	497.684	*	91
=	134.59

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

Vital Chemtech'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)
=	315.161	-	427.808	+	0.75 * 367.036	+	0.5 * 86.349
=	206

Vital Chemtech Change In Receivables Related Terms

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Vital Chemtech (NSE:VITAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Vital Chemtech Ltd (NSE:VITAL) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

S. G. Highway, Opposite Karnavati Club, B-406, Mondeal Heights, Ahmedabad, GJ, IND, 380015

Website

https://www.vitalgroup.co.in

Vital Chemtech Ltd is engaged in the business of manufacturing, producing, refining, processing, formulating, mixing, enriching, mining, importing, exporting, acquiring, inventing, buying, selling, exchanging, distributing, and otherwise trading and dealing in all kinds of mixtures, formlations, intermediates, derivatives, compounds, phosphorous based chemicals, fine chemicals, heavy chemicals, valence, inorganic and organic chemicals, source materials, intermediates, ingredients, mixtures, derivatives and compounds. The company's Products include Phosphorus Derivatives, Industrial Chemicals, Specialty Chemicals & Intermediates, Organophosphates, Polymers & Dispersants, and Wellness Products.

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