Quality RO Industries (BOM:543460) Days Sales Outstanding : 66.32 (As of Sep. 2023)

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What is Quality RO Industries Days Sales Outstanding?

Quality RO Industries's average Accounts Receivable for the six months ended in Sep. 2023 was ₹22.30 Mil. Quality RO Industries's Revenue for the six months ended in Sep. 2023 was ₹61.37 Mil. Hence, Quality RO Industries's Days Sales Outstanding for the six months ended in Sep. 2023 was 66.32.

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

BOM:543460' s Days Sales Outstanding Range Over the Past 10 Years
Min: 66.96 Med: 104.93 Max: 142.89
Current: 67.59

During the past 2 years, Quality RO Industries's highest Days Sales Outstanding was 142.89. The lowest was 66.96. And the median was 104.93.

BOM:543460's Days Sales Outstanding is ranked better than
62.81% of 2958 companies
in the Industrial Products industry
Industry Median: 79.61 vs BOM:543460: 67.59

Quality RO Industries's Days Sales Outstanding increased from Sep. 2022 (43.53) to Sep. 2023 (66.32).

Quality RO Industries Days Sales Outstanding Historical Data

The historical data trend for Quality RO Industries'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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Quality RO Industries Days Sales Outstanding Chart

Quality RO Industries Annual Data

Trend

Mar22

Mar23

Days Sales Outstanding

142.89

66.96

Quality RO Industries Semi-Annual Data
	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	-	71.44	43.53	67.62	66.32

Competitive Comparison of Quality RO Industries's Days Sales Outstanding

For the Pollution & Treatment Controls subindustry, Quality RO Industries'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.

Quality RO Industries's Days Sales Outstanding Distribution in the Industrial Products Industry

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

* The bar in red indicates where Quality RO Industries's Days Sales Outstanding falls into.

Quality RO Industries 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.

Quality RO Industries'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
=	( (3.811	+	16.444)	/	2 )	/	55.205	*	365
=	10.1275					/	55.205	*	365
=	66.96

Quality RO Industries's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (16.444	+	28.162)	/	2 )	/	61.37	*	365 / 2
=	22.303					/	61.37	*	365 / 2
=	66.32

Quality RO Industries (BOM:543460) Days Sales Outstanding Explanation

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

Quality RO Industries Days Sales Outstanding Related Terms

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Quality RO Industries (BOM:543460) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Quality RO Industries Ltd (BOM:543460) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 09, POR Industrial Park, NH 08 Behind Sahayog Hotel, Village PO, Vadodara, GJ, IND, 391243

Website

https://www.qualityro.in

Quality RO Industries Ltd is engaged in the business of manufacturing, marketing, and supplying components for water purifiers and softener equipment. These water purifier parts have been designed to make a proper fit for RO plants and systems of different varieties, as we produce strictly according to industry standards. The company is at present engaged in the business of Trading and Manufacturing RO products and Transportation activities, which constitute two business segments. The prime revenue generator is the trading and manufacturing of the RO products segment.

Quality RO Industries (BOM:543460) Headlines

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