Fusion Micro Finance (NSE:FUSION) Days Sales Outstanding : 2.16 (As of Mar. 2024)

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What is Fusion Micro Finance Days Sales Outstanding?

Fusion Micro Finance's average Accounts Receivable for the three months ended in Mar. 2024 was ₹139 Mil. Fusion Micro Finance's Revenue for the three months ended in Mar. 2024 was ₹5,856 Mil. Hence, Fusion Micro Finance's Days Sales Outstanding for the three months ended in Mar. 2024 was 2.16.

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

NSE:FUSION' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.22 Med: 1.76 Max: 2.41
Current: 2.32

During the past 5 years, Fusion Micro Finance's highest Days Sales Outstanding was 2.41. The lowest was 1.22. And the median was 1.76.

NSE:FUSION's Days Sales Outstanding is ranked better than
89.51% of 267 companies
in the Credit Services industry
Industry Median: 46.66 vs NSE:FUSION: 2.32

Fusion Micro Finance's Days Sales Outstanding declined from Mar. 2023 (2.86) to Mar. 2024 (2.16).

Fusion Micro Finance Days Sales Outstanding Historical Data

The historical data trend for Fusion Micro Finance'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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Fusion Micro Finance Days Sales Outstanding Chart

Fusion Micro Finance Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

1.76

1.34

1.22

2.10

2.41

Fusion Micro Finance Quarterly Data
	Mar20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial								2.86	2.65	2.24	2.07	2.16

Competitive Comparison of Fusion Micro Finance's Days Sales Outstanding

For the Credit Services subindustry, Fusion Micro Finance'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.

Fusion Micro Finance's Days Sales Outstanding Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Fusion Micro Finance's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Fusion Micro Finance's Days Sales Outstanding falls into.

Fusion Micro Finance 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.

Fusion Micro Finance'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
=	( (143.81	+	138.5)	/	2 )	/	21335.7	*	365
=	141.155					/	21335.7	*	365
=	2.41

Fusion Micro Finance'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	+	138.5)	/	1 )	/	5855.5	*	365 / 4
=	138.5					/	5855.5	*	365 / 4
=	2.16

Fusion Micro Finance (NSE:FUSION) Days Sales Outstanding Explanation

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

Fusion Micro Finance Days Sales Outstanding Related Terms

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Fusion Micro Finance (NSE:FUSION) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Fusion Micro Finance Ltd (NSE:FUSION) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

543652:India

Address

Plot No. 86, Institutional Sector - 32, Gurugram, HR, IND, 122001

Website

https://www.fusionmicrofinance.com

Fusion Micro Finance Ltd is engaged in micro finance lending activities, providing financial services to poor women in India who are organized as Joint Liability Group (JLGs). The company provides small value collateral free loans. Apart from micro finance lending, the company also has lending to MSME enterprises. It uses its distribution channel to provide other financial products and services to the members relate to providing of loans to the members for the purchase of certain productivity enhancing products such as mobile handsets, bicycle.

Fusion Micro Finance (NSE:FUSION) Headlines

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