Aftab Automobiles (DHA:AFTABAUTO) Days Sales Outstanding : 3,274.97 (As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Aftab Automobiles Days Sales Outstanding?

Aftab Automobiles's average Accounts Receivable for the three months ended in Mar. 2024 was BDT3,191.3 Mil. Aftab Automobiles's Revenue for the three months ended in Mar. 2024 was BDT88.9 Mil. Hence, Aftab Automobiles's Days Sales Outstanding for the three months ended in Mar. 2024 was 3,274.97.

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

DHA:AFTABAUTO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 118.51 Med: 236.66 Max: 2063.83
Current: 2063.83

During the past 13 years, Aftab Automobiles's highest Days Sales Outstanding was 2063.83. The lowest was 118.51. And the median was 236.66.

DHA:AFTABAUTO's Days Sales Outstanding is ranked worse than
99.76% of 1265 companies
in the Vehicles & Parts industry
Industry Median: 60.2 vs DHA:AFTABAUTO: 2063.83

Aftab Automobiles's Days Sales Outstanding increased from Mar. 2023 (786.52) to Mar. 2024 (3,274.97).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Aftab Automobiles Days Sales Outstanding Historical Data

The historical data trend for Aftab Automobiles'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.

Aftab Automobiles Days Sales Outstanding Chart

Aftab Automobiles Annual Data

Trend

Aug13

Aug14

Aug15

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

Get a 7-Day Free Trial

326.79

575.03

961.89

1,683.80

990.32

Aftab Automobiles 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															786.52	1,200.87	2,777.56	2,263.56	3,274.97

Competitive Comparison of Aftab Automobiles's Days Sales Outstanding

For the Auto Manufacturers subindustry, Aftab Automobiles'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.

Aftab Automobiles's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aftab Automobiles's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Aftab Automobiles's Days Sales Outstanding falls into.

Aftab Automobiles 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.

Aftab Automobiles's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (3252.512	+	3177.301)	/	2 )	/	1184.911	*	365
=	3214.9065					/	1184.911	*	365
=	990.32

Aftab Automobiles'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
=	( (3180.323	+	3202.293)	/	2 )	/	88.919	*	365 / 4
=	3191.308					/	88.919	*	365 / 4
=	3,274.97

Aftab Automobiles (DHA:AFTABAUTO) Days Sales Outstanding Explanation

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

Aftab Automobiles Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Aftab Automobiles's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Aftab Automobiles (DHA:AFTABAUTO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Aftab Automobiles Ltd (DHA:AFTABAUTO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

205-207, Tejgaon I/A, Dhaka, BGD

Website

https://www.aftabautomobiles.com

Aftab Automobiles Ltd is an assembler-cum-manufacturer of Toyota and Hino vehicles. The company is mainly a vehicle assembler and bus-body fabricator. The principal activities of the company were assembling Toyota Land Cruiser soft top/pick up, Land Cruiser Prado, Hino Bus, and Hino Mini Bus/Truck with a yearly production capacity of two thousand four hundred units of vehicles in three shifts. The company produces and markets batteries through its subsidiary. The company operates in three reportable segments assembling unit, motorcycle unit, and body unit. the company operates its's business in Bangladesh.

Aftab Automobiles (DHA:AFTABAUTO) Headlines

No Headlines