NMDC Steel (BOM:543768) Days Sales Outstanding : 3.09 (As of Mar. 2024)

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What is NMDC Steel Days Sales Outstanding?

NMDC Steel's average Accounts Receivable for the six months ended in Mar. 2024 was ₹469 Mil. NMDC Steel's Revenue for the six months ended in Mar. 2024 was ₹27,716 Mil. Hence, NMDC Steel's Days Sales Outstanding for the six months ended in Mar. 2024 was 3.09.

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

BOM:543768' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.43 Med: 4.43 Max: 5.62
Current: 5.62

During the past 7 years, NMDC Steel's highest Days Sales Outstanding was 5.62. The lowest was 4.43. And the median was 4.43.

BOM:543768's Days Sales Outstanding is ranked better than
94.95% of 594 companies
in the Steel industry
Industry Median: 49.315 vs BOM:543768: 5.62

NMDC Steel's Days Sales Outstanding increased from Mar. 2023 (0.00) to Mar. 2024 (3.09).

NMDC Steel Days Sales Outstanding Historical Data

The historical data trend for NMDC Steel'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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NMDC Steel Days Sales Outstanding Chart

NMDC Steel Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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4.43

NMDC Steel Semi-Annual Data
	Mar18	Mar19	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial				-	-	-	37.40	3.09

Competitive Comparison of NMDC Steel's Days Sales Outstanding

For the Steel subindustry, NMDC Steel'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.

NMDC Steel's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, NMDC Steel's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where NMDC Steel's Days Sales Outstanding falls into.

NMDC Steel 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.

NMDC Steel'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
=	( (0	+	370.1)	/	1 )	/	30489.9	*	365
=	370.1					/	30489.9	*	365
=	4.43

NMDC Steel'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: Sep. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (568.5	+	370.1)	/	2 )	/	27715.8	*	365 / 2
=	469.3					/	27715.8	*	365 / 2
=	3.09

NMDC Steel (BOM:543768) Days Sales Outstanding Explanation

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

NMDC Steel Days Sales Outstanding Related Terms

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NMDC Steel (BOM:543768) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » NMDC Steel Ltd (BOM:543768) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

NSLNISP:India

Address

Khanij Bhavan, 10-3-311/A, Castle Hills, Masab Tank, Hyderabad, TG, IND, 500028

Website

https://nmdcsteel.nmdc.co.in

NMDC Steel Ltd owns and operates mechanized iron ore mines. The company is producing about 35 MTPA of iron ore from its major iron-producing units in Bailadila Sector in Chhattisgarh and Donimalai.

NMDC Steel (BOM:543768) Headlines

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