Creative Castings (BOM:539527) Days Sales Outstanding : 79.45 (As of Mar. 2024)

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What is Creative Castings Days Sales Outstanding?

Creative Castings's average Accounts Receivable for the three months ended in Mar. 2024 was ₹133.1 Mil. Creative Castings's Revenue for the three months ended in Mar. 2024 was ₹152.9 Mil. Hence, Creative Castings's Days Sales Outstanding for the three months ended in Mar. 2024 was 79.45.

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

BOM:539527' s Days Sales Outstanding Range Over the Past 10 Years
Min: 66.87 Med: 81.95 Max: 97.93
Current: 87.37

During the past 10 years, Creative Castings's highest Days Sales Outstanding was 97.93. The lowest was 66.87. And the median was 81.95.

BOM:539527's Days Sales Outstanding is ranked worse than
83.16% of 594 companies
in the Steel industry
Industry Median: 49.315 vs BOM:539527: 87.37

Creative Castings's Days Sales Outstanding increased from Mar. 2023 (78.90) to Mar. 2024 (79.45).

Creative Castings Days Sales Outstanding Historical Data

The historical data trend for Creative Castings'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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Creative Castings Days Sales Outstanding Chart

Creative Castings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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81.31

81.79

66.87

82.10

97.77

Creative Castings 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															78.90	114.55	67.82	69.82	79.45

Competitive Comparison of Creative Castings's Days Sales Outstanding

For the Steel subindustry, Creative Castings'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.

Creative Castings's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Creative Castings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Creative Castings's Days Sales Outstanding falls into.

Creative Castings 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.

Creative Castings'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
=	( (146.87	+	133.109)	/	2 )	/	522.628	*	365
=	139.9895					/	522.628	*	365
=	97.77

Creative Castings'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	+	133.109)	/	1 )	/	152.873	*	365 / 4
=	133.109					/	152.873	*	365 / 4
=	79.45

Creative Castings (BOM:539527) Days Sales Outstanding Explanation

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

Creative Castings Days Sales Outstanding Related Terms

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Creative Castings (BOM:539527) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Creative Castings Ltd (BOM:539527) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Rajkot Road, 102, GIDC Estates, Phase - II, Dolatpara, Junagadh, GJ, IND, 362003

Website

https://www.creative-cast.com

Creative Castings Ltd is engaged in manufacturing and exporting steel and alloy steel investment casting. The company manufactures both ferrous and non-ferrous castings. It is also engaged in generating power from wind energy. The company's operating segment includes Investment Castings and Power. It derives maximum revenue from the Investment Castings segment. Geographically, it generates a majority of revenue from Overseas. The company serves pumps and valve industries, oil and refineries, general engineering, electrical engineering, fire control equipment, medical implants, agricultural machinery, defense industries, etc.

Creative Castings (BOM:539527) Headlines

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