JK Cement (NSE:JKCEMENT) Days Sales Outstanding : 16.64 (As of Mar. 2024)

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What is JK Cement Days Sales Outstanding?

JK Cement's average Accounts Receivable for the three months ended in Mar. 2024 was ₹5,663 Mil. JK Cement's Revenue for the three months ended in Mar. 2024 was ₹31,058 Mil. Hence, JK Cement's Days Sales Outstanding for the three months ended in Mar. 2024 was 16.64.

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

NSE:JKCEMENT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.78 Med: 16.83 Max: 19
Current: 17.81

During the past 13 years, JK Cement's highest Days Sales Outstanding was 19.00. The lowest was 12.78. And the median was 16.83.

NSE:JKCEMENT's Days Sales Outstanding is ranked better than
88.22% of 382 companies
in the Building Materials industry
Industry Median: 54.575 vs NSE:JKCEMENT: 17.81

JK Cement's Days Sales Outstanding increased from Mar. 2023 (15.77) to Mar. 2024 (16.64).

JK Cement Days Sales Outstanding Historical Data

The historical data trend for JK Cement'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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JK Cement Days Sales Outstanding Chart

JK Cement Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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12.78

14.18

18.35

17.03

16.53

JK Cement 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															15.77	15.86	21.38	20.06	16.64

Competitive Comparison of JK Cement's Days Sales Outstanding

For the Building Materials subindustry, JK Cement'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.

JK Cement's Days Sales Outstanding Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, JK Cement's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where JK Cement's Days Sales Outstanding falls into.

JK Cement 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.

JK Cement'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
=	( (4800.754	+	5663.2)	/	2 )	/	115560	*	365
=	5231.977					/	115560	*	365
=	16.53

JK Cement'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	+	5663.2)	/	1 )	/	31057.651	*	365 / 4
=	5663.2					/	31057.651	*	365 / 4
=	16.64

JK Cement (NSE:JKCEMENT) Days Sales Outstanding Explanation

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

JK Cement Days Sales Outstanding Related Terms

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JK Cement (NSE:JKCEMENT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » JK Cement Ltd (NSE:JKCEMENT) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

532644:India

Address

Gurgaon-Faridabad Road, 5th Floor, Prism Tower, Gwal Pahari, Gurgaon, HR, IND, 122102

Website

https://www.jkcement.com

JK Cement Ltd is a building materials holding company. The company manufactures cement and cement-related products that primarily consist of grey and white cement. JK Cement's grey cement includes both Portland Pozzolana Cement (PPC) and Ordinary Portland Cement (OPC). The white cement offerings include JK White Cement, as well as cement-based JK Wall Putty, JK Waterproof, and JK Primaxx. JK Cement's wall putty is used as a plaster for walls and ceilings, while JK Waterproof is a water-repellent powder. It has one Reportable Segment for the Company which is "Cement," The company generates the vast majority of its revenue in India.

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