RattanIndia Enterprises (BOM:534597) Days Sales Outstanding : 3.04 (As of Dec. 2023)

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What is RattanIndia Enterprises Days Sales Outstanding?

RattanIndia Enterprises's average Accounts Receivable for the three months ended in Dec. 2023 was ₹551 Mil. RattanIndia Enterprises's Revenue for the three months ended in Dec. 2023 was ₹16,535 Mil. Hence, RattanIndia Enterprises's Days Sales Outstanding for the three months ended in Dec. 2023 was 3.04.

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

BOM:534597' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.22 Med: 24.98 Max: 47.73
Current: 4.19

During the past 12 years, RattanIndia Enterprises's highest Days Sales Outstanding was 47.73. The lowest was 2.22. And the median was 24.98.

BOM:534597's Days Sales Outstanding is ranked better than
84.15% of 1079 companies
in the Retail - Cyclical industry
Industry Median: 17.5 vs BOM:534597: 4.19

RattanIndia Enterprises's Days Sales Outstanding declined from Dec. 2022 (6.57) to Dec. 2023 (3.04).

RattanIndia Enterprises Days Sales Outstanding Historical Data

The historical data trend for RattanIndia Enterprises'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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RattanIndia Enterprises Days Sales Outstanding Chart

RattanIndia Enterprises Annual Data

Trend

Mar14

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Mar23

Days Sales Outstanding

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47.73

2.22

RattanIndia Enterprises 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															6.57	3.99	3.48	3.60	3.04

Competitive Comparison of RattanIndia Enterprises's Days Sales Outstanding

For the Internet Retail subindustry, RattanIndia Enterprises'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.

RattanIndia Enterprises's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, RattanIndia Enterprises's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where RattanIndia Enterprises's Days Sales Outstanding falls into.

RattanIndia Enterprises 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.

RattanIndia Enterprises'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
=	( (18.3	+	483.98)	/	2 )	/	41237.9	*	365
=	251.14					/	41237.9	*	365
=	2.22

RattanIndia Enterprises'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
=	( (550.5	+	0)	/	1 )	/	16534.99	*	365 / 4
=	550.5					/	16534.99	*	365 / 4
=	3.04

RattanIndia Enterprises (BOM:534597) Days Sales Outstanding Explanation

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

RattanIndia Enterprises Days Sales Outstanding Related Terms

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RattanIndia Enterprises (BOM:534597) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » RattanIndia Enterprises Ltd (BOM:534597) » Definitions » Days Sales Outstanding

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RTNINDIA:India

Address

Tower-B, Worldmark 1, 5th Floor, Aerocity, New Delhi, IND, 110037

Website

https://www.rattanindia.com

RattanIndia Enterprises Ltd is an investment holding company. The company focuses on businesses such as e-commerce, electric vehicles, fintech, and drones. It generates maximum revenue from the Retail- E-commerce business segment.

RattanIndia Enterprises (BOM:534597) Headlines

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