Axtel Industries (BOM:523850) Days Sales Outstanding : 87.05 (As of Mar. 2024)

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What is Axtel Industries Days Sales Outstanding?

Axtel Industries's average Accounts Receivable for the three months ended in Mar. 2024 was ₹498 Mil. Axtel Industries's Revenue for the three months ended in Mar. 2024 was ₹522 Mil. Hence, Axtel Industries's Days Sales Outstanding for the three months ended in Mar. 2024 was 87.05.

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

BOM:523850' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.92 Med: 87.62 Max: 139.92
Current: 95.04

During the past 13 years, Axtel Industries's highest Days Sales Outstanding was 139.92. The lowest was 38.92. And the median was 87.62.

BOM:523850's Days Sales Outstanding is ranked worse than
62.12% of 2957 companies
in the Industrial Products industry
Industry Median: 79.63 vs BOM:523850: 95.04

Axtel Industries's Days Sales Outstanding increased from Mar. 2023 (83.43) to Mar. 2024 (87.05).

Axtel Industries Days Sales Outstanding Historical Data

The historical data trend for Axtel 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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Axtel Industries Days Sales Outstanding Chart

Axtel Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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60.24

38.92

86.84

108.86

90.97

Axtel Industries 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															83.43	117.26	82.92	107.09	87.05

Competitive Comparison of Axtel Industries's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Axtel 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.

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

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

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

Axtel 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.

Axtel Industries'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
=	( (615.632	+	497.602)	/	2 )	/	2233.33	*	365
=	556.617					/	2233.33	*	365
=	90.97

Axtel Industries'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	+	497.602)	/	1 )	/	521.584	*	365 / 4
=	497.602					/	521.584	*	365 / 4
=	87.05

Axtel Industries (BOM:523850) Days Sales Outstanding Explanation

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

Axtel Industries Days Sales Outstanding Related Terms

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Axtel Industries (BOM:523850) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Axtel Industries Ltd (BOM:523850) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vadodara-Halol Highway, P.O. Baska, Plot No. 43/1, Village Nurpura, District Panchmahals, Halol, GJ, IND, 389350

Website

https://www.axtelindia.com

Axtel Industries Ltd is engaged in engineering process equipment for the food industry. The company is involved in turnkey systems, product development, and customer service. The business of the company operates in one segment that is Manufacturing Food Processing Instruments. The company derives revenue from the sale of machinery i.e. manufactured goods and related services. The product line of the company consists of solids handling, storage and discharge, sieving and straining, cleaning and grading, size reduction, mixing and blending, and specialized process equipment.

Axtel Industries (BOM:523850) Headlines

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