Ramkrishna Forgings (BOM:532527) Days Sales Outstanding : 75.79 (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Ramkrishna Forgings Days Sales Outstanding?

Ramkrishna Forgings's average Accounts Receivable for the three months ended in Mar. 2024 was ₹8,499 Mil. Ramkrishna Forgings's Revenue for the three months ended in Mar. 2024 was ₹10,233 Mil. Hence, Ramkrishna Forgings's Days Sales Outstanding for the three months ended in Mar. 2024 was 75.79.

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

BOM:532527' s Days Sales Outstanding Range Over the Past 10 Years
Min: 74.99 Med: 127.71 Max: 168.83
Current: 77.71

During the past 13 years, Ramkrishna Forgings's highest Days Sales Outstanding was 168.83. The lowest was 74.99. And the median was 127.71.

BOM:532527's Days Sales Outstanding is ranked better than
52.16% of 2945 companies
in the Industrial Products industry
Industry Median: 79.82 vs BOM:532527: 77.71

Ramkrishna Forgings's Days Sales Outstanding declined from Mar. 2023 (79.34) to Mar. 2024 (75.79).

Ramkrishna Forgings Days Sales Outstanding Historical Data

The historical data trend for Ramkrishna Forgings'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.

* Premium members only.

Ramkrishna Forgings Days Sales Outstanding Chart

Ramkrishna Forgings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

Get a 7-Day Free Trial

142.33

142.21

128.80

95.22

74.99

Ramkrishna Forgings 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															79.34	79.27	83.74	77.70	75.79

Competitive Comparison of Ramkrishna Forgings's Days Sales Outstanding

For the Tools & Accessories subindustry, Ramkrishna Forgings'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.

Ramkrishna Forgings's Days Sales Outstanding Distribution in the Industrial Products Industry

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

* The bar in red indicates where Ramkrishna Forgings's Days Sales Outstanding falls into.

Ramkrishna Forgings 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.

Ramkrishna Forgings'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
=	( (7752.175	+	8499.383)	/	2 )	/	39548.826	*	365
=	8125.779					/	39548.826	*	365
=	74.99

Ramkrishna Forgings'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	+	8499.383)	/	1 )	/	10232.649	*	365 / 4
=	8499.383					/	10232.649	*	365 / 4
=	75.79

Ramkrishna Forgings (BOM:532527) Days Sales Outstanding Explanation

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

Ramkrishna Forgings Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Ramkrishna Forgings's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Ramkrishna Forgings (BOM:532527) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ramkrishna Forgings Ltd (BOM:532527) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

RKFORGE:India

Address

23, Circus Avenue, 9th Floor, Kolkata, WB, IND, 700 017

Website

http://www.ramkrishnaforgings.com

Ramkrishna Forgings Ltd is an Indian based company, engages in the manufacture of forgings and production of metal products. Its product portfolio includes engine components, front and rear axle components, transmission components, crown wheels and bellcrank assemblies, and others. Its forgings are used in various industries and sectors, including automotive, earth moving and mining, farm equipment, general engineering, railways, steel plants and other. Geographically the company caters its services to both domestic and overseas market.

Ramkrishna Forgings (BOM:532527) Headlines

No Headlines