Timex Group India (BOM:500414) Days Sales Outstanding : 60.10 (As of Dec. 2023)

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What is Timex Group India Days Sales Outstanding?

Timex Group India's average Accounts Receivable for the three months ended in Dec. 2023 was ₹620 Mil. Timex Group India's Revenue for the three months ended in Dec. 2023 was ₹942 Mil. Hence, Timex Group India's Days Sales Outstanding for the three months ended in Dec. 2023 was 60.10.

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

BOM:500414' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.06 Med: 86.84 Max: 199.26
Current: 51.93

During the past 13 years, Timex Group India's highest Days Sales Outstanding was 199.26. The lowest was 48.06. And the median was 86.84.

BOM:500414's Days Sales Outstanding is ranked worse than
79.35% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 17.55 vs BOM:500414: 51.93

Timex Group India's Days Sales Outstanding declined from Dec. 2022 (65.39) to Dec. 2023 (60.10).

Timex Group India Days Sales Outstanding Historical Data

The historical data trend for Timex Group India'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.

Timex Group India Days Sales Outstanding Chart

Timex Group India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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85.13

84.20

131.31

59.76

48.06

Timex Group India 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															65.39	57.36	44.96	44.80	60.10

Competitive Comparison of Timex Group India's Days Sales Outstanding

For the Luxury Goods subindustry, Timex Group India'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.

Timex Group India's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Timex Group India's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Timex Group India's Days Sales Outstanding falls into.

Timex Group India 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.

Timex Group India'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
=	( (486	+	523.7)	/	2 )	/	3834.5	*	365
=	504.85					/	3834.5	*	365
=	48.06

Timex Group India'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
=	( (620.4	+	0)	/	1 )	/	942	*	365 / 4
=	620.4					/	942	*	365 / 4
=	60.10

Timex Group India (BOM:500414) Days Sales Outstanding Explanation

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

Timex Group India Days Sales Outstanding Related Terms

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Timex Group India (BOM:500414) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Timex Group India Ltd (BOM:500414) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

C-1, Sector-16, 3rd Floor, World Trade Tower, Unit number 303, Tower-B,, Noida, UP, IND, 201301

Website

https://www.timexindia.com

Timex Group India Ltd is an Indian company engaged in designing, manufacturing, and marketing timepieces and jewelry and rendering related after-sales services. The company's business segment comprises watches and others. Its watches segment includes manufacturing and trading of watches. Geographically, it derives a majority of its revenue from India. The company's brand includes Timex, Helix, and TMX. The Company is primarily in the business of manufacturing and trading of watches and rendering of related after-sales service ("Watches").

Timex Group India (BOM:500414) Headlines

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