The four forms of the Name Havayah cited above are considered to be the most essential forms and each correspond to a different letter of God's name, as above. When their sum, 232, is divided by four, the number 58 (= chen) is again reached. Similarly, 232 is numerically equivalent to yehi or ("Let there be light"), the first of the utterances of Creation.
The Ramchal explains that the four expansions of the Tetragrammaton (YHVH) have such “great holiness [that] their power is limitless. All existence is bound to them from beginning to end.”
Av YVD HY VYV HY of numerical value 72
Sag YVD HY VEV HY of numerical value 63
Mah YVD HE VEV HE of numerical value 45
Ban YVD HH VV HH of numerical value 52
The total value of these 4 names that represent the totality of the 10 sefirot spelled out in 39 letters is 232
232 is “Ad Adi Ad” (AD ADY AD) or “eternity of eternities” as expressed in the Sefer Yetzirah 1:5