Lotus Eye Hospital & Institute (BOM:532998) Days Sales Outstanding : 9.47 (As of Dec. 2023)

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What is Lotus Eye Hospital & Institute Days Sales Outstanding?

Lotus Eye Hospital & Institute's average Accounts Receivable for the three months ended in Dec. 2023 was ₹12.5 Mil. Lotus Eye Hospital & Institute's Revenue for the three months ended in Dec. 2023 was ₹120.3 Mil. Hence, Lotus Eye Hospital & Institute's Days Sales Outstanding for the three months ended in Dec. 2023 was 9.47.

The historical rank and industry rank for Lotus Eye Hospital & Institute's Days Sales Outstanding or its related term are showing as below:

BOM:532998' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.47 Med: 6.51 Max: 9.42
Current: 8.59

During the past 13 years, Lotus Eye Hospital & Institute's highest Days Sales Outstanding was 9.42. The lowest was 4.47. And the median was 6.51.

BOM:532998's Days Sales Outstanding is ranked better than
92.2% of 641 companies
in the Healthcare Providers & Services industry
Industry Median: 46.87 vs BOM:532998: 8.59

Lotus Eye Hospital & Institute's Days Sales Outstanding increased from Dec. 2022 (6.99) to Dec. 2023 (9.47).

Lotus Eye Hospital & Institute Days Sales Outstanding Historical Data

The historical data trend for Lotus Eye Hospital & Institute'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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Lotus Eye Hospital & Institute Days Sales Outstanding Chart

Lotus Eye Hospital & Institute Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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9.17

6.50

8.07

6.52

7.11

Lotus Eye Hospital & Institute Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															6.99	10.58	8.51	8.95	9.47

Competitive Comparison of Lotus Eye Hospital & Institute's Days Sales Outstanding

For the Medical Care Facilities subindustry, Lotus Eye Hospital & Institute'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.

Lotus Eye Hospital & Institute's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Lotus Eye Hospital & Institute's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Lotus Eye Hospital & Institute's Days Sales Outstanding falls into.

Lotus Eye Hospital & Institute 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.

Lotus Eye Hospital & Institute's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (6.205	+	11.721)	/	2 )	/	459.831	*	365
=	8.963					/	459.831	*	365
=	7.11

Lotus Eye Hospital & Institute's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (12.488	+	0)	/	1 )	/	120.298	*	365 / 4
=	12.488					/	120.298	*	365 / 4
=	9.47

Lotus Eye Hospital & Institute (BOM:532998) Days Sales Outstanding Explanation

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

Lotus Eye Hospital & Institute Days Sales Outstanding Related Terms

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Lotus Eye Hospital & Institute (BOM:532998) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Lotus Eye Hospital & Institute Ltd (BOM:532998) » Definitions » Days Sales Outstanding

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LOTUSEYE:India

Address

SF No. 770/12, Avinashi Road, Civil Aerodrome Post, Coimbatore, TN, IND, 641 014

Website

https://www.lotuseye.org

Lotus Eye Hospital & Institute Ltd is an India-based eye care hospital. It is engaged in providing treatment and care for eye diseases and disorders. It offers treatment services for eye conditions like refractive error, retina and uvea, cornea, glaucoma, pediatric, orbit and oculoplasty, neuro-ophthalmology, and binocular vision. In addition, the company also operates an eye bank for functioning eye donation activities. The company mainly operates in India and generates revenue by providing medical services, pharmacy sales, and contact lens, and optical, of which the majority of the revenue is derived from providing segmmedical services.

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