InterGlobe Aviation (NSE:INDIGO) Days Sales Outstanding : 3.58 (As of Dec. 2023)

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What is InterGlobe Aviation Days Sales Outstanding?

InterGlobe Aviation's average Accounts Receivable for the three months ended in Dec. 2023 was ₹7,641 Mil. InterGlobe Aviation's Revenue for the three months ended in Dec. 2023 was ₹194,521 Mil. Hence, InterGlobe Aviation's Days Sales Outstanding for the three months ended in Dec. 2023 was 3.58.

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

NSE:INDIGO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.75 Med: 3.13 Max: 6.14
Current: 3.29

During the past 9 years, InterGlobe Aviation's highest Days Sales Outstanding was 6.14. The lowest was 2.75. And the median was 3.13.

NSE:INDIGO's Days Sales Outstanding is ranked better than
97.83% of 966 companies
in the Transportation industry
Industry Median: 45.73 vs NSE:INDIGO: 3.29

InterGlobe Aviation's Days Sales Outstanding increased from Dec. 2022 (2.95) to Dec. 2023 (3.58).

InterGlobe Aviation Days Sales Outstanding Historical Data

The historical data trend for InterGlobe Aviation'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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InterGlobe Aviation Days Sales Outstanding Chart

InterGlobe Aviation Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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3.82

3.21

6.14

3.88

2.86

InterGlobe Aviation Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															2.95	3.35	2.84	4.67	3.58

Competitive Comparison of InterGlobe Aviation's Days Sales Outstanding

For the Airlines subindustry, InterGlobe Aviation'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.

InterGlobe Aviation's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, InterGlobe Aviation's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where InterGlobe Aviation's Days Sales Outstanding falls into.

InterGlobe Aviation 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.

InterGlobe Aviation'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
=	( (3329.23	+	5199.04)	/	2 )	/	544464.53	*	365
=	4264.135					/	544464.53	*	365
=	2.86

InterGlobe Aviation's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (7641.48	+	0)	/	1 )	/	194521.48	*	365 / 4
=	7641.48					/	194521.48	*	365 / 4
=	3.58

InterGlobe Aviation (NSE:INDIGO) Days Sales Outstanding Explanation

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

InterGlobe Aviation Days Sales Outstanding Related Terms

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InterGlobe Aviation (NSE:INDIGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » InterGlobe Aviation Ltd (NSE:INDIGO) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

539448:India

Address

Mehrauli-Gurgaon Road, Level 1-5, Tower - C, Global Business Park, Gurgaon, HR, IND, 122 002

Website

https://www.goindigo.in

InterGlobe Aviation Ltd is an airline service provider based in India. The company serves as a low-cost carrier through its Indigo brand. The company caters to its customers through an official website and the IndigoGo App, enabling them to book airline tickets and travel packages. The segments of the company are Air transportation services and Other income. The company earns its revenue predominantly through passenger ticket sales of the domestic airline operation.

InterGlobe Aviation (NSE:INDIGO) Headlines

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