Goldkart Jewels (NSE:GOLDKART) Days Sales Outstanding : 122.03 (As of Mar. 2023)

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What is Goldkart Jewels Days Sales Outstanding?

Goldkart Jewels's average Accounts Receivable for the six months ended in Mar. 2023 was ₹209.2 Mil. Goldkart Jewels's Revenue for the six months ended in Mar. 2023 was ₹312.9 Mil. Hence, Goldkart Jewels's Days Sales Outstanding for the six months ended in Mar. 2023 was 122.03.

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

NSE:GOLDKART' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.67 Med: 76.41 Max: 139.47
Current: 139.3

During the past 7 years, Goldkart Jewels's highest Days Sales Outstanding was 139.47. The lowest was 34.67. And the median was 76.41.

NSE:GOLDKART's Days Sales Outstanding is ranked worse than
93.89% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 18.15 vs NSE:GOLDKART: 139.30

Goldkart Jewels's Days Sales Outstanding increased from Mar. 2022 (81.71) to Mar. 2023 (122.03).

Goldkart Jewels Days Sales Outstanding Historical Data

The historical data trend for Goldkart Jewels'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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Goldkart Jewels Days Sales Outstanding Chart

Goldkart Jewels Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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34.67

48.67

108.43

104.15

139.47

Goldkart Jewels Semi-Annual Data
	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Days Sales Outstanding	Get a 7-Day Free Trial						104.14	126.38	81.71	159.07	122.03

Competitive Comparison of Goldkart Jewels's Days Sales Outstanding

For the Luxury Goods subindustry, Goldkart Jewels'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.

Goldkart Jewels's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Goldkart Jewels's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Goldkart Jewels's Days Sales Outstanding falls into.

Goldkart Jewels 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.

Goldkart Jewels's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (250.204	+	196.085)	/	2 )	/	583.994	*	365
=	223.1445					/	583.994	*	365
=	139.47

Goldkart Jewels's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding (Q: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (222.367	+	196.085)	/	2 )	/	312.909	*	365 / 2
=	209.226					/	312.909	*	365 / 2
=	122.03

Goldkart Jewels (NSE:GOLDKART) Days Sales Outstanding Explanation

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

Goldkart Jewels Days Sales Outstanding Related Terms

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Goldkart Jewels (NSE:GOLDKART) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Goldkart Jewels Ltd (NSE:GOLDKART) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Mansi Cross Road, 7, Millenium Plaza, Opposite Swaminarayan Mandir, Vastrapur, Ahmedabad, GJ, IND, 380015

Website

http://www.sonahisona.com

Goldkart Jewels Ltd is engaged in the trading business of jewellery and ornaments. It offers gold Jewellery, diamond and platinum jewels and a variety of ornaments like Gold chains, Necklaces, Bangles, Ear Studs, Nose Rings, Waist Belts, Finger Rings, Bracelets, and various other items.

Goldkart Jewels (NSE:GOLDKART) Headlines

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