Eicher Motors (NSE:EICHERMOT) Days Sales Outstanding : 8.17 (As of Mar. 2024)

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What is Eicher Motors Days Sales Outstanding?

Eicher Motors's average Accounts Receivable for the three months ended in Mar. 2024 was ₹3,738 Mil. Eicher Motors's Revenue for the three months ended in Mar. 2024 was ₹41,734 Mil. Hence, Eicher Motors's Days Sales Outstanding for the three months ended in Mar. 2024 was 8.17.

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

NSE:EICHERMOT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.47 Med: 3.15 Max: 8.64
Current: 7.72

During the past 13 years, Eicher Motors's highest Days Sales Outstanding was 8.64. The lowest was 0.47. And the median was 3.15.

NSE:EICHERMOT's Days Sales Outstanding is ranked better than
95.58% of 1268 companies
in the Vehicles & Parts industry
Industry Median: 60.175 vs NSE:EICHERMOT: 7.72

Eicher Motors's Days Sales Outstanding declined from Mar. 2023 (9.02) to Mar. 2024 (8.17).

Eicher Motors Days Sales Outstanding Historical Data

The historical data trend for Eicher Motors'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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Eicher Motors Days Sales Outstanding Chart

Eicher Motors Annual Data

Trend

Dec14

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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3.44

5.16

8.29

8.64

8.35

Eicher Motors 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															9.02	8.61	6.51	6.38	8.17

Competitive Comparison of Eicher Motors's Days Sales Outstanding

For the Auto Manufacturers subindustry, Eicher Motors'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.

Eicher Motors's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Eicher Motors's Days Sales Outstanding falls into.

Eicher Motors 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.

Eicher Motors'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
=	( (3689.2	+	3737.8)	/	2 )	/	162340.2	*	365
=	3713.5					/	162340.2	*	365
=	8.35

Eicher Motors'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	+	3737.8)	/	1 )	/	41733.5	*	365 / 4
=	3737.8					/	41733.5	*	365 / 4
=	8.17

Eicher Motors (NSE:EICHERMOT) Days Sales Outstanding Explanation

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

Eicher Motors Days Sales Outstanding Related Terms

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Eicher Motors (NSE:EICHERMOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Eicher Motors Ltd (NSE:EICHERMOT) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

505200:India

Address

No. 96, Sector 32, Gurugram, HR, IND, 122001

Website

https://www.eichermotors.com

Eicher Motors Ltd is an Indian automobile manufacturer. The company organizes itself into two divisions, based on product type: motorcycles, and commercial vehicles. The motorcycles division, the most significant contributor to Eicher Motors' revenue, produces motorcycles through the Royal Enfield brand. The commercial vehicles divisions, through a joint venture with Volvo, produces trucks and buses for sale in India and other developing markets. The company derives the vast majority of revenue domestically.

Eicher Motors (NSE:EICHERMOT) Headlines

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