Sarthak Industries (BOM:531930) Days Sales Outstanding : 61.59 (As of Dec. 2023)

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What is Sarthak Industries Days Sales Outstanding?

Sarthak Industries's average Accounts Receivable for the three months ended in Dec. 2023 was ₹51.4 Mil. Sarthak Industries's Revenue for the three months ended in Dec. 2023 was ₹76.2 Mil. Hence, Sarthak Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 61.59.

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

BOM:531930' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.67 Med: 64.35 Max: 108
Current: 88.48

During the past 13 years, Sarthak Industries's highest Days Sales Outstanding was 108.00. The lowest was 28.67. And the median was 64.35.

BOM:531930's Days Sales Outstanding is ranked worse than
70.68% of 498 companies
in the Conglomerates industry
Industry Median: 60.925 vs BOM:531930: 88.48

Sarthak Industries's Days Sales Outstanding declined from Dec. 2022 (61.88) to Dec. 2023 (61.59).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Sarthak Industries Days Sales Outstanding Historical Data

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

Sarthak Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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57.49

78.90

46.81

33.83

108.00

Sarthak 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															61.88	81.73	209.44	53.78	61.59

Competitive Comparison of Sarthak Industries's Days Sales Outstanding

For the Conglomerates subindustry, Sarthak 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.

Sarthak Industries's Days Sales Outstanding Distribution in the Conglomerates Industry

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

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

Sarthak 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.

Sarthak Industries'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
=	( (165.812	+	179.064)	/	2 )	/	582.758	*	365
=	172.438					/	582.758	*	365
=	108.00

Sarthak 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
=	( (51.441	+	0)	/	1 )	/	76.211	*	365 / 4
=	51.441					/	76.211	*	365 / 4
=	61.59

Sarthak Industries (BOM:531930) Days Sales Outstanding Explanation

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

Sarthak Industries Days Sales Outstanding Related Terms

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Sarthak Industries (BOM:531930) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Sarthak Industries Ltd (BOM:531930) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

214, Trade Centre, 18, South Tukoganj, Indore, MP, IND, 452001

Website

http://www.sarthakindustries.com

Sarthak Industries Ltd is engaged in the manufacturing of LPG Cylinders and trading activities. The LPG Cylinders are supplied to oil companies both public and private. The company is also engaged in trading agri-commodities and mining and mineral-based industry. It has two segments Cylinders and Merchant Trading. It generates the majority of its revenue from the Merchant Trading segment, including the Trading of various commodities, materials, etc. Geographically, it generates the majority of its revenue from India.

Sarthak Industries (BOM:531930) Headlines

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