Eureka Forbes (BOM:543482) Days Sales Outstanding : 22.67 (As of Mar. 2024)

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What is Eureka Forbes Days Sales Outstanding?

Eureka Forbes's average Accounts Receivable for the three months ended in Mar. 2024 was ₹1,375 Mil. Eureka Forbes's Revenue for the three months ended in Mar. 2024 was ₹5,536 Mil. Hence, Eureka Forbes's Days Sales Outstanding for the three months ended in Mar. 2024 was 22.67.

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

BOM:543482' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.77 Med: 91.71 Max: 120.12
Current: 23.56

During the past 6 years, Eureka Forbes's highest Days Sales Outstanding was 120.12. The lowest was 21.77. And the median was 91.71.

BOM:543482's Days Sales Outstanding is ranked better than
95.32% of 2459 companies
in the Hardware industry
Industry Median: 74.23 vs BOM:543482: 23.56

Eureka Forbes's Days Sales Outstanding increased from Mar. 2023 (22.19) to Mar. 2024 (22.67).

Eureka Forbes Days Sales Outstanding Historical Data

The historical data trend for Eureka Forbes'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.

Eureka Forbes Days Sales Outstanding Chart

Eureka Forbes Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

Get a 7-Day Free Trial

118.83

120.12

73.15

23.99

21.77

Eureka Forbes Quarterly Data
	Mar19	Mar20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial										22.19	22.35	25.12	27.54	22.67

Competitive Comparison of Eureka Forbes's Days Sales Outstanding

For the Consumer Electronics subindustry, Eureka Forbes'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.

Eureka Forbes's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Eureka Forbes's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Eureka Forbes's Days Sales Outstanding falls into.

Eureka Forbes 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.

Eureka Forbes'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
=	( (1236.695	+	1375.184)	/	2 )	/	21892.502	*	365
=	1305.9395					/	21892.502	*	365
=	21.77

Eureka Forbes'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	+	1375.184)	/	1 )	/	5535.608	*	365 / 4
=	1375.184					/	5535.608	*	365 / 4
=	22.67

Eureka Forbes (BOM:543482) Days Sales Outstanding Explanation

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

Eureka Forbes Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Eureka Forbes's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Eureka Forbes (BOM:543482) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Eureka Forbes Ltd (BOM:543482) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

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Address

Marathon Innova, B1/B2, 701, 7th Floor, Off Ganpatrao Kadam Marg, Lower Parel, Mumbai, MH, IND, 400 013

Website

https://www.eurekaforbes.com

Eureka Forbes Ltd is a manufacturer of home appliances. the company has 4 business segments; Water; It offers electric, nonelectric and on-the-go water purifiers. Cleaning; vacuum cleaners, and cleaning solutions. Air; air purifiers and Services; offering after-sales services.

Eureka Forbes (BOM:543482) Headlines

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