Elgi Equipments (BOM:522074) Days Sales Outstanding : 63.55 (As of Mar. 2024)

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What is Elgi Equipments Days Sales Outstanding?

Elgi Equipments's average Accounts Receivable for the three months ended in Mar. 2024 was ₹6,031 Mil. Elgi Equipments's Revenue for the three months ended in Mar. 2024 was ₹8,659 Mil. Hence, Elgi Equipments's Days Sales Outstanding for the three months ended in Mar. 2024 was 63.55.

The historical rank and industry rank for Elgi Equipments's Days Sales Outstanding or its related term are showing as below:

BOM:522074' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.37 Med: 66.4 Max: 71.24
Current: 64.58

During the past 13 years, Elgi Equipments's highest Days Sales Outstanding was 71.24. The lowest was 61.37. And the median was 66.40.

BOM:522074's Days Sales Outstanding is ranked better than
66.25% of 2945 companies
in the Industrial Products industry
Industry Median: 79.81 vs BOM:522074: 64.58

Elgi Equipments's Days Sales Outstanding increased from Mar. 2023 (60.13) to Mar. 2024 (63.55).

Elgi Equipments Days Sales Outstanding Historical Data

The historical data trend for Elgi Equipments's Days Sales Outstanding 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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Elgi Equipments Days Sales Outstanding Chart

Elgi Equipments Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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71.20

71.24

63.42

61.37

65.44

Elgi Equipments Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															60.13	69.42	62.73	61.53	63.55

Competitive Comparison of Elgi Equipments's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Elgi Equipments's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Elgi Equipments's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Elgi Equipments's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Elgi Equipments's Days Sales Outstanding falls into.

Elgi Equipments Days Sales Outstanding Calculation

Days Sales Outstanding measures 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.

Accounts Receivable can be measured by Days Sales Outstanding.

Elgi Equipments's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (5507.07	+	6030.98)	/	2 )	/	32177.64	*	365
=	5769.025					/	32177.64	*	365
=	65.44

Elgi Equipments's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (0	+	6030.98)	/	1 )	/	8659.4	*	365 / 4
=	6030.98					/	8659.4	*	365 / 4
=	63.55

Elgi Equipments (BOM:522074) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Elgi Equipments Days Sales Outstanding Related Terms

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Elgi Equipments (BOM:522074) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Elgi Equipments Ltd (BOM:522074) » Definitions » Days Sales Outstanding

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ELGIEQUIP:India

Address

Trichy Road, Elgi Industrial Complex III, Singanallur, Coimbatore, TN, IND, 641 005

Website

https://www.elgi.com

Elgi Equipments Ltd manufactures air compressors and compressed air systems. The segment in which the group operates includes Air Compressors and Automotive Equipment. Its products include piston compressors, electric lubricated screw compressors, electric oil-free screw compressors, portable compressors, railway compressors and air accessories. Geographically, it derives a majority of its revenue is from India and also has a presence in the United States of America, Italy, Australia, and Other Countries. It serves Textiles; Manufacturing; Pharmaceutical; Agriculture and Mining. The company generates maximum revenue from the Air Compressors segment.

Elgi Equipments (BOM:522074) Headlines

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