Simplex Castings (BOM:513472) Days Sales Outstanding : 71.47 (As of Mar. 2024)

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What is Simplex Castings Days Sales Outstanding?

Simplex Castings's average Accounts Receivable for the three months ended in Mar. 2024 was ₹246 Mil. Simplex Castings's Revenue for the three months ended in Mar. 2024 was ₹315 Mil. Hence, Simplex Castings's Days Sales Outstanding for the three months ended in Mar. 2024 was 71.47.

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

BOM:513472' s Days Sales Outstanding Range Over the Past 10 Years
Min: 58.74 Med: 95.82 Max: 442.79
Current: 61.74

During the past 13 years, Simplex Castings's highest Days Sales Outstanding was 442.79. The lowest was 58.74. And the median was 95.82.

BOM:513472's Days Sales Outstanding is ranked better than
69.34% of 2958 companies
in the Industrial Products industry
Industry Median: 79.93 vs BOM:513472: 61.74

Simplex Castings's Days Sales Outstanding increased from Mar. 2023 (30.10) to Mar. 2024 (71.47).

Simplex Castings Days Sales Outstanding Historical Data

The historical data trend for Simplex Castings'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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Simplex Castings Days Sales Outstanding Chart

Simplex Castings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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442.79

110.71

96.80

64.98

58.74

Simplex Castings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															30.10	38.56	78.12	70.17	71.47

Competitive Comparison of Simplex Castings's Days Sales Outstanding

For the Metal Fabrication subindustry, Simplex Castings'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.

Simplex Castings's Days Sales Outstanding Distribution in the Industrial Products Industry

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

* The bar in red indicates where Simplex Castings's Days Sales Outstanding falls into.

Simplex Castings 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.

Simplex Castings's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (146.604	+	246.481)	/	2 )	/	1221.305	*	365
=	196.5425					/	1221.305	*	365
=	58.74

Simplex Castings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (0	+	246.481)	/	1 )	/	314.715	*	365 / 4
=	246.481					/	314.715	*	365 / 4
=	71.47

Simplex Castings (BOM:513472) Days Sales Outstanding Explanation

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

Simplex Castings Days Sales Outstanding Related Terms

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Simplex Castings (BOM:513472) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Simplex Castings Ltd (BOM:513472) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

G.E. Road, Plot No. 32, Shivnath Complex, Supela, Durg District, Bhilai, CT, IND, 490023

Website

https://www.simplexcastings.com

Simplex Castings Ltd is an India-based company operating in the steel castings industry. It manufactures and sells iron cast equipment, fabricated equipment, steel, SG iron, special alloy cast equipment, forging quality ingots, and other related products. It has only one reportable segment which is Manufacturing of SG lron, Steel, Special Alloy Castings, C.l. Castings and Equipments. The company serves various industrial sectors like steel, railways, power, mining, cement, sugar, chemicals, earthmovers, machine tools, shipbuilding, oil and gas, and defense. Also, the firm offers work contract services. Some of its products include Coke Oven Doors & Assemblies, Sinter & Pallet Cars, Railway bogies, and Mould. The group sells its products in India and also exports internationally.

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