IIFL Securities (BOM:542773) Days Sales Outstanding : 7.48 (As of Mar. 2024)

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What is IIFL Securities Days Sales Outstanding?

IIFL Securities's average Accounts Receivable for the three months ended in Mar. 2024 was ₹476 Mil. IIFL Securities's Revenue for the three months ended in Mar. 2024 was ₹5,816 Mil. Hence, IIFL Securities's Days Sales Outstanding for the three months ended in Mar. 2024 was 7.48.

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

BOM:542773' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.37 Med: 16.98 Max: 517.45
Current: 6.37

During the past 8 years, IIFL Securities's highest Days Sales Outstanding was 517.45. The lowest was 6.37. And the median was 16.98.

BOM:542773's Days Sales Outstanding is ranked better than
87.39% of 563 companies
in the Capital Markets industry
Industry Median: 62.85 vs BOM:542773: 6.37

IIFL Securities's Days Sales Outstanding increased from Mar. 2023 (5.84) to Mar. 2024 (7.48).

IIFL Securities Days Sales Outstanding Historical Data

The historical data trend for IIFL Securities'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.

IIFL Securities Days Sales Outstanding Chart

IIFL Securities Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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15.81

16.98

10.84

8.01

6.96

IIFL Securities 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															5.84	5.78	7.78	7.17	7.48

Competitive Comparison of IIFL Securities's Days Sales Outstanding

For the Capital Markets subindustry, IIFL Securities'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.

IIFL Securities's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, IIFL Securities's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where IIFL Securities's Days Sales Outstanding falls into.

IIFL Securities 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.

IIFL Securities'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
=	( (221.89	+	476.476)	/	2 )	/	18324.529	*	365
=	349.183					/	18324.529	*	365
=	6.96

IIFL Securities'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	+	476.476)	/	1 )	/	5815.691	*	365 / 4
=	476.476					/	5815.691	*	365 / 4
=	7.48

IIFL Securities (BOM:542773) Days Sales Outstanding Explanation

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

IIFL Securities Days Sales Outstanding Related Terms

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IIFL Securities (BOM:542773) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » IIFL Securities Ltd (BOM:542773) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

IIFLSEC:India

Address

N. S. Phadke Marg, Ground Floor, Hubtown Solaris, Vijay Nagar, Andheri (East), Mumbai, MH, IND, 400 069

Website

https://www.iiflsecurities.com

IIFL Securities Ltd offers a wide range of financial services. Its business segments consist of Capital market activity, Insurance Broking, Facilities and ancillary, and Others. The company's products include Non-Banking and Housing Finance, Wealth and Asset Management, Financial Advisory and Broking, Mutual Funds and Financial Product Distribution, Investment Banking, Institutional Equities, Realty Broking, and Advisory Services. It generates maximum revenue from the Capital market segment.

IIFL Securities (BOM:542773) Headlines

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