Nidhi Granites (BOM:512103) Days Sales Outstanding : 58.32 (As of Dec. 2023)

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What is Nidhi Granites Days Sales Outstanding?

Nidhi Granites's average Accounts Receivable for the three months ended in Dec. 2023 was ₹68.2 Mil. Nidhi Granites's Revenue for the three months ended in Dec. 2023 was ₹106.6 Mil. Hence, Nidhi Granites's Days Sales Outstanding for the three months ended in Dec. 2023 was 58.32.

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

BOM:512103' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.81 Med: 84.63 Max: 100.92
Current: 61.81

During the past 13 years, Nidhi Granites's highest Days Sales Outstanding was 100.92. The lowest was 61.81. And the median was 84.63.

BOM:512103's Days Sales Outstanding is ranked better than
50.18% of 558 companies
in the Capital Markets industry
Industry Median: 62.145 vs BOM:512103: 61.81

Nidhi Granites's Days Sales Outstanding declined from Dec. 2022 (64.94) to Dec. 2023 (58.32).

Nidhi Granites Days Sales Outstanding Historical Data

The historical data trend for Nidhi Granites'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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Nidhi Granites Days Sales Outstanding Chart

Nidhi Granites Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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100.92

68.34

Nidhi Granites 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															64.94	78.57	59.80	71.65	58.32

Competitive Comparison of Nidhi Granites's Days Sales Outstanding

For the Capital Markets subindustry, Nidhi Granites'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.

Nidhi Granites's Days Sales Outstanding Distribution in the Capital Markets Industry

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

* The bar in red indicates where Nidhi Granites's Days Sales Outstanding falls into.

Nidhi Granites 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.

Nidhi Granites'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
=	( (43.697	+	51.017)	/	2 )	/	252.922	*	365
=	47.357					/	252.922	*	365
=	68.34

Nidhi Granites'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
=	( (68.153	+	0)	/	1 )	/	106.643	*	365 / 4
=	68.153					/	106.643	*	365 / 4
=	58.32

Nidhi Granites (BOM:512103) Days Sales Outstanding Explanation

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

Nidhi Granites Days Sales Outstanding Related Terms

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Nidhi Granites (BOM:512103) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Nidhi Granites Ltd (BOM:512103) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

503, Madhu Industrial Park, Mogra Cross Road, Next to Apollo Chambers, Andheri East, Mumbai, MH, IND, 400069

Website

https://www.nidhigranites.com

Nidhi Granites Ltd is an India-based company focused on investment activities. The company's operation is share trading and investment in shares and mutual funds.

Nidhi Granites (BOM:512103) Headlines

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