Pritika Engineering Components (NSE:PRITIKA) Days Sales Outstanding : 52.25 (As of Mar. 2023)

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What is Pritika Engineering Components Days Sales Outstanding?

Pritika Engineering Components's average Accounts Receivable for the six months ended in Mar. 2023 was ₹111.7 Mil. Pritika Engineering Components's Revenue for the six months ended in Mar. 2023 was ₹390.1 Mil. Hence, Pritika Engineering Components's Days Sales Outstanding for the six months ended in Mar. 2023 was 52.25.

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

NSE:PRITIKA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.69 Med: 62.42 Max: 85.15
Current: 53.69

During the past 4 years, Pritika Engineering Components's highest Days Sales Outstanding was 85.15. The lowest was 53.69. And the median was 62.42.

NSE:PRITIKA's Days Sales Outstanding is ranked better than
58.06% of 1266 companies
in the Vehicles & Parts industry
Industry Median: 59.925 vs NSE:PRITIKA: 53.69

Pritika Engineering Components's Days Sales Outstanding increased from Mar. 2022 (0.00) to Mar. 2023 (52.25).

Pritika Engineering Components Days Sales Outstanding Historical Data

The historical data trend for Pritika Engineering Components'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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Pritika Engineering Components Days Sales Outstanding Chart

Pritika Engineering Components Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

85.15

56.54

64.24

60.59

Pritika Engineering Components Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23
Days Sales Outstanding	-	-	-	48.43	52.25

Competitive Comparison of Pritika Engineering Components's Days Sales Outstanding

For the Auto Parts subindustry, Pritika Engineering Components'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.

Pritika Engineering Components's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Pritika Engineering Components's Days Sales Outstanding falls into.

Pritika Engineering Components 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.

Pritika Engineering Components'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
=	( (139.916	+	133.396)	/	2 )	/	823.23	*	365
=	136.656					/	823.23	*	365
=	60.59

Pritika Engineering Components'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
=	( (89.971	+	133.396)	/	2 )	/	390.095	*	365 / 2
=	111.6835					/	390.095	*	365 / 2
=	52.25

Pritika Engineering Components (NSE:PRITIKA) Days Sales Outstanding Explanation

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

Pritika Engineering Components Days Sales Outstanding Related Terms

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Pritika Engineering Components (NSE:PRITIKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Pritika Engineering Components Ltd (NSE:PRITIKA) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Industrial Area, S.A.S Nagar, Plot No.C-94, Phase-VII, Mohali, PB, IND, 160055

Website

https://www.pritikaengineering.com

Pritika Engineering Components Ltd is engaged in the business of manufacturing precision-machined components for the automotive industry, especially for tractors, trucks, and other commercial vehicles. The company manufactures various Tractors and Automobile components like End Covers, Cover Sealed Brakes, Differential Cases, Cover Hydraulic Lift, Cover Transcase, Front Wheel hubs, Fly Wheel Housing, Rear Axle Casings, Hydraulic Lift Covers, Brake Housing, and Front Engine Supports. It manufactures customized products for tractors, commercial vehicles, and other construction equipment.

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