Hindware Home Innovation (BOM:542905) Days Sales Outstanding : 53.53 (As of Mar. 2024)

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What is Hindware Home Innovation Days Sales Outstanding?

Hindware Home Innovation's average Accounts Receivable for the three months ended in Mar. 2024 was ₹4,533 Mil. Hindware Home Innovation's Revenue for the three months ended in Mar. 2024 was ₹7,728 Mil. Hence, Hindware Home Innovation's Days Sales Outstanding for the three months ended in Mar. 2024 was 53.53.

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

BOM:542905' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.43 Med: 68.62 Max: 81.8
Current: 54.04

During the past 7 years, Hindware Home Innovation's highest Days Sales Outstanding was 81.80. The lowest was 43.43. And the median was 68.62.

BOM:542905's Days Sales Outstanding is ranked worse than
50.72% of 418 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 53.31 vs BOM:542905: 54.04

Hindware Home Innovation's Days Sales Outstanding increased from Mar. 2023 (44.93) to Mar. 2024 (53.53).

Hindware Home Innovation Days Sales Outstanding Historical Data

The historical data trend for Hindware Home Innovation'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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Hindware Home Innovation Days Sales Outstanding Chart

Hindware Home Innovation Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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81.80

80.13

57.80

43.43

54.16

Hindware Home Innovation 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															44.93	54.36	53.79	54.36	53.53

Competitive Comparison of Hindware Home Innovation's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, Hindware Home Innovation'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.

Hindware Home Innovation's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hindware Home Innovation's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hindware Home Innovation's Days Sales Outstanding falls into.

Hindware Home Innovation 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.

Hindware Home Innovation'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
=	( (3776.101	+	4533.4)	/	2 )	/	28000.3	*	365
=	4154.7505					/	28000.3	*	365
=	54.16

Hindware Home Innovation'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	+	4533.4)	/	1 )	/	7728.4	*	365 / 4
=	4533.4					/	7728.4	*	365 / 4
=	53.53

Hindware Home Innovation (BOM:542905) Days Sales Outstanding Explanation

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

Hindware Home Innovation Days Sales Outstanding Related Terms

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Hindware Home Innovation (BOM:542905) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Hindware Home Innovation Ltd (BOM:542905) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

HINDWAREAP:India

Address

Plot No. 68, Echelon Institutional Area, Sector 32, Gurugram, HR, IND, 122001

Website

https://www.shilgroup.com

Hindware Home Innovation Ltd is engaged in manufacturing, selling and trading of building products, glass products, consumer products, plastic products, and retail business. Its product portfolio includes Kitchen Ensemble, Water heaters, Air coolers, Water purifiers, Air purifiers, and Window vents, among other products. Some of its brands are Hindware, Moonbow and Evok. The segments of the company include Building Products, Consumer appliances, and Retail business. The group operates in India. The company generates the majority of its revenue from Building products segment.

Hindware Home Innovation (BOM:542905) Headlines

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