Balkrishna Industries (NSE:BALKRISIND) Days Sales Outstanding : 49.18 (As of Mar. 2024)

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What is Balkrishna Industries Days Sales Outstanding?

Balkrishna Industries's average Accounts Receivable for the three months ended in Mar. 2024 was ₹14,454 Mil. Balkrishna Industries's Revenue for the three months ended in Mar. 2024 was ₹26,819 Mil. Hence, Balkrishna Industries's Days Sales Outstanding for the three months ended in Mar. 2024 was 49.18.

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

NSE:BALKRISIND' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.12 Med: 41.42 Max: 49.88
Current: 45.93

During the past 13 years, Balkrishna Industries's highest Days Sales Outstanding was 49.88. The lowest was 36.12. And the median was 41.42.

NSE:BALKRISIND's Days Sales Outstanding is ranked better than
67.91% of 1265 companies
in the Vehicles & Parts industry
Industry Median: 60.04 vs NSE:BALKRISIND: 45.93

Balkrishna Industries's Days Sales Outstanding increased from Mar. 2023 (43.92) to Mar. 2024 (49.18).

Balkrishna Industries Days Sales Outstanding Historical Data

The historical data trend for Balkrishna 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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Balkrishna Industries Days Sales Outstanding Chart

Balkrishna Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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42.94

43.20

41.10

41.35

49.88

Balkrishna Industries 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															43.92	47.13	39.52	39.15	49.18

Competitive Comparison of Balkrishna Industries's Days Sales Outstanding

For the Auto Parts subindustry, Balkrishna 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.

Balkrishna Industries's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

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

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

Balkrishna 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.

Balkrishna Industries'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
=	( (11152.7	+	14454.3)	/	2 )	/	93688.7	*	365
=	12803.5					/	93688.7	*	365
=	49.88

Balkrishna Industries'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	+	14454.3)	/	1 )	/	26819.2	*	365 / 4
=	14454.3					/	26819.2	*	365 / 4
=	49.18

Balkrishna Industries (NSE:BALKRISIND) Days Sales Outstanding Explanation

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

Balkrishna Industries Days Sales Outstanding Related Terms

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Balkrishna Industries (NSE:BALKRISIND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Balkrishna Industries Ltd (NSE:BALKRISIND) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

502355:India

Address

Senapati Bapat Marg, BKT House, C/15, Trade World, Kamala Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400 013

Website

https://www.bkt-tires.com

Balkrishna Industries Ltd is a manufacturer of Off-Highway tires. The company serves original equipment manufacturers and customers in the replacement market. Tire products are utilized in agricultural and forestry, industrial markets, earthmoving, construction, port, mining, ATV, and gardening applications. Based out of India, the majority of Balkrishna's revenue is derived from international markets. Marketing and sales of tire products are conducted through wholly owned subsidiaries located in both Europe and North America.

Balkrishna Industries (NSE:BALKRISIND) Headlines

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