Advik Capital (BOM:539773) Days Sales Outstanding : 0.02 (As of Mar. 2024)

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What is Advik Capital Days Sales Outstanding?

Advik Capital's average Accounts Receivable for the three months ended in Mar. 2024 was ₹1 Mil. Advik Capital's Revenue for the three months ended in Mar. 2024 was ₹3,198 Mil. Hence, Advik Capital's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.02.

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

BOM:539773' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.75 Med: 78.2 Max: 225.07
Current: 0.76

During the past 13 years, Advik Capital's highest Days Sales Outstanding was 225.07. The lowest was 0.75. And the median was 78.20.

BOM:539773's Days Sales Outstanding is ranked better than
95.47% of 265 companies
in the Credit Services industry
Industry Median: 43.69 vs BOM:539773: 0.76

Advik Capital's Days Sales Outstanding declined from Mar. 2023 (1.36) to Mar. 2024 (0.02).

Advik Capital Days Sales Outstanding Historical Data

The historical data trend for Advik Capital'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.

* Premium members only.

Advik Capital Days Sales Outstanding Chart

Advik Capital Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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72.31

131.36

13.29

1.33

0.75

Advik Capital 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															1.36	2.03	1.05	0.79	0.02

Competitive Comparison of Advik Capital's Days Sales Outstanding

For the Credit Services subindustry, Advik Capital'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.

Advik Capital's Days Sales Outstanding Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Advik Capital's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Advik Capital's Days Sales Outstanding falls into.

Advik Capital 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.

Advik Capital'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
=	( (34	+	0.544)	/	2 )	/	8395.899	*	365
=	17.272					/	8395.899	*	365
=	0.75

Advik Capital'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	+	0.544)	/	1 )	/	3198.277	*	365 / 4
=	0.544					/	3198.277	*	365 / 4
=	0.02

Advik Capital (BOM:539773) Days Sales Outstanding Explanation

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

Advik Capital Days Sales Outstanding Related Terms

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Advik Capital (BOM:539773) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Advik Capital Ltd (BOM:539773) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

G-3, Vikas House, 34/1, East Punjabi Bagh, Delhi, IND, 110026

Website

https://www.advikgroup.com

Advik Capital Ltd is a non-banking finance company (NBFC). The company is carrying on the business of investing funds, assisting the financial accommodation by way of loans/advances to industrial concerns and undertaking the business of leasing and to finance lease operations of all kinds, purchasing, selling, and hiring of plant and machinery. It generates revenue from Interest Income and Commission Income.

Advik Capital (BOM:539773) Headlines

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