Stovec Industries (BOM:504959) Days Sales Outstanding : 80.98 (As of Dec. 2023)

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What is Stovec Industries Days Sales Outstanding?

Stovec Industries's average Accounts Receivable for the three months ended in Dec. 2023 was ₹312 Mil. Stovec Industries's Revenue for the three months ended in Dec. 2023 was ₹351 Mil. Hence, Stovec Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 80.98.

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

BOM:504959' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.97 Med: 55.66 Max: 75.25
Current: 59.74

During the past 13 years, Stovec Industries's highest Days Sales Outstanding was 75.25. The lowest was 47.97. And the median was 55.66.

BOM:504959's Days Sales Outstanding is ranked better than
71.55% of 2956 companies
in the Industrial Products industry
Industry Median: 79.61 vs BOM:504959: 59.74

Stovec Industries's Days Sales Outstanding increased from Dec. 2022 (35.16) to Dec. 2023 (80.98).

Stovec Industries Days Sales Outstanding Historical Data

The historical data trend for Stovec Industries'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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Stovec Industries Days Sales Outstanding Chart

Stovec Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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59.99

75.25

49.09

47.97

54.07

Stovec Industries 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															35.16	48.26	57.23	68.78	80.98

Competitive Comparison of Stovec Industries's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Stovec Industries'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.

Stovec Industries's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Stovec Industries's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Stovec Industries's Days Sales Outstanding falls into.

Stovec Industries 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.

Stovec Industries's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (234.78	+	311.5)	/	2 )	/	1843.81	*	365
=	273.14					/	1843.81	*	365
=	54.07

Stovec Industries'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
=	( (0	+	311.5)	/	1 )	/	350.99	*	365 / 4
=	311.5					/	350.99	*	365 / 4
=	80.98

Stovec Industries (BOM:504959) Days Sales Outstanding Explanation

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

Stovec Industries Days Sales Outstanding Related Terms

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Stovec Industries (BOM:504959) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Stovec Industries Ltd (BOM:504959) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

N.I.D.C., Near Lambha Village, Post Narol, Ahmedabad, GJ, IND, 382 405

Website

https://www.spgprints.com

Stovec Industries Ltd is engaged in the production of Rotary Screens and Printing Machines and manufacturer of precision metal components. The firm operates in three verticals namely Textile Consumables and Textile Machinery, Graphics Product, and Galvanic. The textile consumables segment comprises perforated rotary screens, lacquer and auxiliary chemicals, rotary screen-printing machines, engraving equipment, components and spares, and digital ink. Graphics Products include anilox rollers, rotamesh screens, and rotaplate. The Galvanic segment consists of Galvano consumables. The Textile consumables segment is the most prominent segment for the firm contributing the majority of the total revenue primarily from India.

Stovec Industries (BOM:504959) Headlines

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