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Macpower CNC Machines (NSE:MACPOWER) Days Sales Outstanding : 20.94 (As of Dec. 2023)


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What is Macpower CNC Machines Days Sales Outstanding?

Macpower CNC Machines's average Accounts Receivable for the three months ended in Dec. 2023 was ₹152 Mil. Macpower CNC Machines's Revenue for the three months ended in Dec. 2023 was ₹661 Mil. Hence, Macpower CNC Machines's Days Sales Outstanding for the three months ended in Dec. 2023 was 20.94.

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

NSE:MACPOWER' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.4   Med: 19.97   Max: 40.42
Current: 18.21

During the past 11 years, Macpower CNC Machines's highest Days Sales Outstanding was 40.42. The lowest was 9.40. And the median was 19.97.

NSE:MACPOWER's Days Sales Outstanding is ranked better than
97.53% of 2957 companies
in the Industrial Products industry
Industry Median: 79.63 vs NSE:MACPOWER: 18.21

Macpower CNC Machines's Days Sales Outstanding increased from Dec. 2022 (9.62) to Dec. 2023 (20.94).


Macpower CNC Machines Days Sales Outstanding Historical Data

The historical data trend for Macpower CNC Machines'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.

* Premium members only.

Macpower CNC Machines Days Sales Outstanding Chart

Macpower CNC Machines Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.73 26.72 11.44 9.40 16.92

Macpower CNC Machines Quarterly Data
Mar18 Sep18 Mar19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.62 21.43 28.76 21.95 20.94

Competitive Comparison of Macpower CNC Machines's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Macpower CNC Machines'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.


Macpower CNC Machines's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Macpower CNC Machines's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Macpower CNC Machines's Days Sales Outstanding falls into.



Macpower CNC Machines 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.

Macpower CNC Machines'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
=( (59.7 + 127.5) / 2 ) / 2018.6*365
=93.6 / 2018.6*365
=16.92

Macpower CNC Machines's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding (Q: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (151.8 + 0) / 1 ) / 661.4*365 / 4
=151.8 / 661.4*365 / 4
=20.94

* 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.


Macpower CNC Machines  (NSE:MACPOWER) Days Sales Outstanding Explanation

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


Macpower CNC Machines Days Sales Outstanding Related Terms

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Macpower CNC Machines (NSE:MACPOWER) Business Description

Traded in Other Exchanges
N/A
Address
Near Krnati Gate, Plot No. 2234, GIDC Metoda, Talu-Lodhika District, Rajkot, GJ, IND, 360021
Macpower CNC Machines Ltd is engaged in the manufacture of Computer numerical control (CNC) Turning Centers; Vertical Machining Centers, Horizontal Machining Centers, Cylindrical Grinder, Vertical Turret Lathe, Turn Mill Centers, Drill Tap Center, Twin Spindle VMC, and Multi-Tasking 5-axis along with sub-spindle. It also offers Robotic Automation integrated with CNC machines to cope with the demand for technology-driven machining excellence.

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