V B Desai Financial Services (BOM:511110) Days Sales Outstanding : 26.25 (As of Dec. 2023)

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What is V B Desai Financial Services Days Sales Outstanding?

V B Desai Financial Services's average Accounts Receivable for the three months ended in Dec. 2023 was ₹2.23 Mil. V B Desai Financial Services's Revenue for the three months ended in Dec. 2023 was ₹7.75 Mil. Hence, V B Desai Financial Services's Days Sales Outstanding for the three months ended in Dec. 2023 was 26.25.

The historical rank and industry rank for V B Desai Financial Services's Days Sales Outstanding or its related term are showing as below:

BOM:511110' s Days Sales Outstanding Range Over the Past 10 Years
Min: 23.32 Med: 32.84 Max: 717.28
Current: 43.19

During the past 13 years, V B Desai Financial Services's highest Days Sales Outstanding was 717.28. The lowest was 23.32. And the median was 32.84.

BOM:511110's Days Sales Outstanding is ranked better than
58.36% of 562 companies
in the Capital Markets industry
Industry Median: 62.61 vs BOM:511110: 43.19

V B Desai Financial Services's Days Sales Outstanding declined from Dec. 2022 (57.75) to Dec. 2023 (26.25).

V B Desai Financial Services Days Sales Outstanding Historical Data

The historical data trend for V B Desai Financial Services'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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V B Desai Financial Services Days Sales Outstanding Chart

V B Desai Financial Services Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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27.40

28.87

29.65

28.28

47.48

V B Desai Financial Services 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															57.75	62.18	42.76	40.65	26.25

Competitive Comparison of V B Desai Financial Services's Days Sales Outstanding

For the Capital Markets subindustry, V B Desai Financial Services'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.

V B Desai Financial Services's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, V B Desai Financial Services's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where V B Desai Financial Services's Days Sales Outstanding falls into.

V B Desai Financial Services 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.

V B Desai Financial Services'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
=	( (2.672	+	3.794)	/	2 )	/	24.853	*	365
=	3.233					/	24.853	*	365
=	47.48

V B Desai Financial Services'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
=	( (2.229	+	0)	/	1 )	/	7.748	*	365 / 4
=	2.229					/	7.748	*	365 / 4
=	26.25

V B Desai Financial Services (BOM:511110) Days Sales Outstanding Explanation

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

V B Desai Financial Services Days Sales Outstanding Related Terms

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V B Desai Financial Services (BOM:511110) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » V B Desai Financial Services Ltd (BOM:511110) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

24/26 Dalai Street, Cama Building, 1st Floor, Fort, Mumbai, MH, IND, 400001

Website

http://www.vbdesai.com

V B Desai Financial Services Ltd is an Indian company providing merchant banking services. The company is engaged in offering financial and advisory services. It provides services like Share Valuation, (Employee Stock Option Plan) ESOP Valuation, ESOP Advisory, merger and acquisition, to act as Manager in Buyback of shares and Acquisition, Takeover of Listed Companies and Initial Public Offerings, etc.

V B Desai Financial Services (BOM:511110) Headlines

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