Arvind and Co Shipping Agencies (NSE:ACSAL) Days Sales Outstanding : 157.86 (As of Mar. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Arvind and Co Shipping Agencies Days Sales Outstanding?

Arvind and Co Shipping Agencies's average Accounts Receivable for the six months ended in Mar. 2023 was ₹30.77 Mil. Arvind and Co Shipping Agencies's Revenue for the six months ended in Mar. 2023 was ₹71.15 Mil. Hence, Arvind and Co Shipping Agencies's Days Sales Outstanding for the six months ended in Mar. 2023 was 78.93.

The historical rank and industry rank for Arvind and Co Shipping Agencies's Days Sales Outstanding or its related term are showing as below:

NSE:ACSAL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 157.86 Med: 178.08 Max: 432.08
Current: 157.86

During the past 3 years, Arvind and Co Shipping Agencies's highest Days Sales Outstanding was 432.08. The lowest was 157.86. And the median was 178.08.

NSE:ACSAL's Days Sales Outstanding is ranked worse than
93.95% of 959 companies
in the Transportation industry
Industry Median: 46.08 vs NSE:ACSAL: 157.86

Arvind and Co Shipping Agencies's Days Sales Outstanding declined from Mar. 2021 (432.08) to Mar. 2023 (157.86).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Arvind and Co Shipping Agencies Days Sales Outstanding Historical Data

The historical data trend for Arvind and Co Shipping Agencies'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.

Arvind and Co Shipping Agencies Days Sales Outstanding Chart

Arvind and Co Shipping Agencies Annual Data

Trend

Mar21

Mar22

Mar23

Days Sales Outstanding

432.08

178.08

157.86

Arvind and Co Shipping Agencies Semi-Annual Data
	Mar21	Mar22	Mar23
Days Sales Outstanding	432.08	178.08	157.86

Competitive Comparison of Arvind and Co Shipping Agencies's Days Sales Outstanding

For the Marine Shipping subindustry, Arvind and Co Shipping Agencies'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.

Arvind and Co Shipping Agencies's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Arvind and Co Shipping Agencies's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Arvind and Co Shipping Agencies's Days Sales Outstanding falls into.

Arvind and Co Shipping Agencies 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.

Arvind and Co Shipping Agencies'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
=	( (20.871	+	40.667)	/	2 )	/	71.145	*	365
=	30.769					/	71.145	*	365
=	157.86

Arvind and Co Shipping Agencies's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding (Q: 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
=	( (20.871	+	40.667)	/	2 )	/	71.145	*	365 / 2
=	30.769					/	71.145	*	365 / 2
=	78.93

Arvind and Co Shipping Agencies (NSE:ACSAL) Days Sales Outstanding Explanation

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

Arvind and Co Shipping Agencies Days Sales Outstanding Related Terms

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

Arvind and Co Shipping Agencies (NSE:ACSAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Arvind and Co Shipping Agencies Ltd (NSE:ACSAL) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

City point 701 to 702, Fifth Floor, Near Town Hall, Jamnagar, GJ, IND, 361001

Website

https://www.arvindshipping.com

Arvind and Co Shipping Agencies Ltd is mainly engaged in the hiring of ships, barges, launches, Boats, docks, propelled vehicles, water- vessels and transport machines & providing hotel services & services of renting immovable properties. The company operates in two segments Chartering of Barges and Hotel and Hospitality. The majority of revenue is derived from the chartering of barges segment.

Arvind and Co Shipping Agencies (NSE:ACSAL) Headlines

No Headlines