Parshva Enterprises (BOM:542694) Days Sales Outstanding : 84.46 (As of Mar. 2024)

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What is Parshva Enterprises Days Sales Outstanding?

Parshva Enterprises's average Accounts Receivable for the three months ended in Mar. 2024 was ₹80.2 Mil. Parshva Enterprises's Revenue for the three months ended in Mar. 2024 was ₹86.6 Mil. Hence, Parshva Enterprises's Days Sales Outstanding for the three months ended in Mar. 2024 was 84.46.

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

BOM:542694' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.89 Med: 86.5 Max: 102.6
Current: 101.46

During the past 7 years, Parshva Enterprises's highest Days Sales Outstanding was 102.60. The lowest was 21.89. And the median was 86.50.

BOM:542694's Days Sales Outstanding is ranked worse than
90.38% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 18.15 vs BOM:542694: 101.46

Parshva Enterprises's Days Sales Outstanding declined from Mar. 2023 (98.95) to Mar. 2024 (84.46).

Parshva Enterprises Days Sales Outstanding Historical Data

The historical data trend for Parshva 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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Parshva Enterprises Days Sales Outstanding Chart

Parshva Enterprises Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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21.89

43.42

86.50

102.60

99.84

Parshva Enterprises Quarterly Data
	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial												98.95	114.83	118.55	103.34	84.46

Competitive Comparison of Parshva Enterprises's Days Sales Outstanding

For the Luxury Goods subindustry, Parshva 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.

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

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

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

Parshva 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.

Parshva Enterprises'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
=	( (57.291	+	80.153)	/	2 )	/	251.249	*	365
=	68.722					/	251.249	*	365
=	99.84

Parshva Enterprises'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	+	80.153)	/	1 )	/	86.598	*	365 / 4
=	80.153					/	86.598	*	365 / 4
=	84.46

Parshva Enterprises (BOM:542694) Days Sales Outstanding Explanation

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

Parshva Enterprises Days Sales Outstanding Related Terms

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Parshva Enterprises (BOM:542694) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Parshva Enterprises Ltd (BOM:542694) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Ramchandra Lane Extension, A-Wing, 811, Jaswanti Allied Business Centre, Malad (West), Mumbai, MH, IND, 400064

Website

http://www.parshvaenterprises.co.in

Parshva Enterprises Ltd deals in a variety of diamonds which include both rough and polished diamonds. It is also engaged in gold jewellery business. It sells gold jewellery such as Bangles, Necklace, Bracelet, Earrings, Pendant, and other related products. Further, it is also engaged in investment in real estate properties in Mumbai for the purpose of selling them for trading gains.

Parshva Enterprises (BOM:542694) Headlines

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