Tejnaksh Healthcare (BOM:539428) Days Sales Outstanding : 30.86 (As of Dec. 2023)

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What is Tejnaksh Healthcare Days Sales Outstanding?

Tejnaksh Healthcare's average Accounts Receivable for the three months ended in Dec. 2023 was ₹10.6 Mil. Tejnaksh Healthcare's Revenue for the three months ended in Dec. 2023 was ₹31.4 Mil. Hence, Tejnaksh Healthcare's Days Sales Outstanding for the three months ended in Dec. 2023 was 30.86.

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

BOM:539428' s Days Sales Outstanding Range Over the Past 10 Years
Min: -0.84 Med: 11.53 Max: 38.03
Current: 38.03

During the past 9 years, Tejnaksh Healthcare's highest Days Sales Outstanding was 38.03. The lowest was -0.84. And the median was 11.53.

BOM:539428's Days Sales Outstanding is ranked better than
58.19% of 641 companies
in the Healthcare Providers & Services industry
Industry Median: 46.87 vs BOM:539428: 38.03

Tejnaksh Healthcare's Days Sales Outstanding declined from Dec. 2022 (34.61) to Dec. 2023 (30.86).

Tejnaksh Healthcare Days Sales Outstanding Historical Data

The historical data trend for Tejnaksh Healthcare'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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Tejnaksh Healthcare Days Sales Outstanding Chart

Tejnaksh Healthcare Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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1.51

7.92

15.46

15.14

34.03

Tejnaksh Healthcare 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															34.61	59.47	47.56	31.30	30.86

Competitive Comparison of Tejnaksh Healthcare's Days Sales Outstanding

For the Medical Care Facilities subindustry, Tejnaksh Healthcare'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.

Tejnaksh Healthcare's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Tejnaksh Healthcare's Days Sales Outstanding falls into.

Tejnaksh Healthcare 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.

Tejnaksh Healthcare'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
=	( (5.669	+	15.767)	/	2 )	/	114.943	*	365
=	10.718					/	114.943	*	365
=	34.03

Tejnaksh Healthcare'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
=	( (10.605	+	0)	/	1 )	/	31.359	*	365 / 4
=	10.605					/	31.359	*	365 / 4
=	30.86

Tejnaksh Healthcare (BOM:539428) Days Sales Outstanding Explanation

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

Tejnaksh Healthcare Days Sales Outstanding Related Terms

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Tejnaksh Healthcare (BOM:539428) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Tejnaksh Healthcare Ltd (BOM:539428) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

Institute of Urology, Sakri Road, Dhule, MH, IND, 424 001

Website

https://www.tejnaksh.com

Tejnaksh Healthcare Ltd is engaged in the provision of hospital and healthcare services. Geographically, it operates only in India. The Company has a single operating segment, namely health care services. The company domains include Urology Hospitals; Nephrology Hospitals; Dental Clinics; Healthcare Equipment and Research and Development. It generates maximum revenue from Operation and Surgery.

Tejnaksh Healthcare (BOM:539428) Headlines

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