Ashoka Metcast (BOM:540923) Days Sales Outstanding : 121.60 (As of Mar. 2024)

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What is Ashoka Metcast Days Sales Outstanding?

Ashoka Metcast's average Accounts Receivable for the six months ended in Mar. 2024 was ₹307.3 Mil. Ashoka Metcast's Revenue for the six months ended in Mar. 2024 was ₹461.2 Mil. Hence, Ashoka Metcast's Days Sales Outstanding for the six months ended in Mar. 2024 was 121.60.

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

BOM:540923' s Days Sales Outstanding Range Over the Past 10 Years
Min: 74.17 Med: 128.38 Max: 188.96
Current: 165.46

During the past 12 years, Ashoka Metcast's highest Days Sales Outstanding was 188.96. The lowest was 74.17. And the median was 128.38.

BOM:540923's Days Sales Outstanding is ranked worse than
95.12% of 594 companies
in the Steel industry
Industry Median: 49.315 vs BOM:540923: 165.46

Ashoka Metcast's Days Sales Outstanding declined from Mar. 2023 (143.35) to Mar. 2024 (121.60).

Ashoka Metcast Days Sales Outstanding Historical Data

The historical data trend for Ashoka Metcast'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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Ashoka Metcast Days Sales Outstanding Chart

Ashoka Metcast Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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145.91

97.31

110.85

188.96

151.29

Ashoka Metcast Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial													113.83	223.49	143.35	289.24	121.60

Competitive Comparison of Ashoka Metcast's Days Sales Outstanding

For the Steel subindustry, Ashoka Metcast'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.

Ashoka Metcast's Days Sales Outstanding Distribution in the Steel Industry

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

* The bar in red indicates where Ashoka Metcast's Days Sales Outstanding falls into.

Ashoka Metcast 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.

Ashoka Metcast'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
=	( (286.371	+	262.814)	/	2 )	/	662.491	*	365
=	274.5925					/	662.491	*	365
=	151.29

Ashoka Metcast'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: Sep. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (351.749	+	262.814)	/	2 )	/	461.177	*	365 / 2
=	307.2815					/	461.177	*	365 / 2
=	121.60

Ashoka Metcast (BOM:540923) Days Sales Outstanding Explanation

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

Ashoka Metcast Days Sales Outstanding Related Terms

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Ashoka Metcast (BOM:540923) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ashoka Metcast Ltd (BOM:540923) » Definitions » Days Sales Outstanding

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ASHOKAMET:India

Address

Mithakhali Six Roads, 7th Floor, Ashoka Chambers, Opposite HCG Hospital, Mithakhali, Ahmedabad, GJ, IND, 380006

Website

http://www.ashokametcast.in

Ashoka Metcast Ltd is currently engaged in the trading of structural steel and goods. The company has two segments namely Steel Trading and Trading of Goods. The company products are Thermo-Mechanically Treated bars, Angle bars, Mild steel bars, and Steel channels.

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