Lokesh Machines (BOM:532740) Days Sales Outstanding : 37.60 (As of Dec. 2023)

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What is Lokesh Machines Days Sales Outstanding?

Lokesh Machines's average Accounts Receivable for the three months ended in Dec. 2023 was ₹356 Mil. Lokesh Machines's Revenue for the three months ended in Dec. 2023 was ₹865 Mil. Hence, Lokesh Machines's Days Sales Outstanding for the three months ended in Dec. 2023 was 37.60.

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

BOM:532740' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.67 Med: 76.11 Max: 98.48
Current: 50.67

During the past 13 years, Lokesh Machines's highest Days Sales Outstanding was 98.48. The lowest was 50.67. And the median was 76.11.

BOM:532740's Days Sales Outstanding is ranked better than
81.45% of 2959 companies
in the Industrial Products industry
Industry Median: 79.62 vs BOM:532740: 50.67

Lokesh Machines's Days Sales Outstanding declined from Dec. 2022 (58.37) to Dec. 2023 (37.60).

Lokesh Machines Days Sales Outstanding Historical Data

The historical data trend for Lokesh Machines'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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Lokesh Machines Days Sales Outstanding Chart

Lokesh Machines Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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61.13

98.48

84.20

75.84

64.30

Lokesh Machines 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															58.37	55.59	74.05	42.56	37.60

Competitive Comparison of Lokesh Machines's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Lokesh Machines'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.

Lokesh Machines's Days Sales Outstanding Distribution in the Industrial Products Industry

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

* The bar in red indicates where Lokesh Machines's Days Sales Outstanding falls into.

Lokesh Machines 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.

Lokesh Machines'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
=	( (438.447	+	408.157)	/	2 )	/	2403.024	*	365
=	423.302					/	2403.024	*	365
=	64.30

Lokesh Machines'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
=	( (356.395	+	0)	/	1 )	/	864.905	*	365 / 4
=	356.395					/	864.905	*	365 / 4
=	37.60

Lokesh Machines (BOM:532740) Days Sales Outstanding Explanation

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

Lokesh Machines Days Sales Outstanding Related Terms

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Lokesh Machines (BOM:532740) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lokesh Machines Ltd (BOM:532740) » Definitions » Days Sales Outstanding

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LOKESHMACH:India

Address

B-29, EEIE, Stage-II, Balanagar, Hyderabad, TG, IND, 500037

Website

https://www.lokeshmachines.com

Lokesh Machines Ltd is engaged in the manufacturing of machine tools and components. The company manufactures machines tools such as CNC Machines, Special purpose machines, Jigs & Fixtures, Auto Components, Precision Engineering Components, and Sub-Assemblies. It operates through two segments: Machine division and Components division. The Machine division generates maximum revenue for the company.

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