Rama Steel Tubes (NSE:RAMASTEEL) Days Sales Outstanding : 90.46 (As of Dec. 2023)

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What is Rama Steel Tubes Days Sales Outstanding?

Rama Steel Tubes's average Accounts Receivable for the three months ended in Dec. 2023 was ₹2,601 Mil. Rama Steel Tubes's Revenue for the three months ended in Dec. 2023 was ₹2,624 Mil. Hence, Rama Steel Tubes's Days Sales Outstanding for the three months ended in Dec. 2023 was 90.46.

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

NSE:RAMASTEEL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.12 Med: 37.94 Max: 76.63
Current: 76.63

During the past 9 years, Rama Steel Tubes's highest Days Sales Outstanding was 76.63. The lowest was 21.12. And the median was 37.94.

NSE:RAMASTEEL's Days Sales Outstanding is ranked worse than
75.88% of 597 companies
in the Steel industry
Industry Median: 49.82 vs NSE:RAMASTEEL: 76.63

Rama Steel Tubes's Days Sales Outstanding increased from Dec. 2022 (63.26) to Dec. 2023 (90.46).

Rama Steel Tubes Days Sales Outstanding Historical Data

The historical data trend for Rama Steel Tubes'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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Rama Steel Tubes Days Sales Outstanding Chart

Rama Steel Tubes Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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37.56

71.43

48.55

37.94

46.52

Rama Steel Tubes Quarterly Data
	Mar19	Jun19	Sep19	Dec19	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															63.26	54.49	67.93	116.74	90.46

Competitive Comparison of Rama Steel Tubes's Days Sales Outstanding

For the Steel subindustry, Rama Steel Tubes'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.

Rama Steel Tubes's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Rama Steel Tubes's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Rama Steel Tubes's Days Sales Outstanding falls into.

Rama Steel Tubes 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.

Rama Steel Tubes'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
=	( (1056.653	+	2326.337)	/	2 )	/	13271.199	*	365
=	1691.495					/	13271.199	*	365
=	46.52

Rama Steel Tubes'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
=	( (2601.248	+	0)	/	1 )	/	2623.906	*	365 / 4
=	2601.248					/	2623.906	*	365 / 4
=	90.46

Rama Steel Tubes (NSE:RAMASTEEL) Days Sales Outstanding Explanation

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

Rama Steel Tubes Days Sales Outstanding Related Terms

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Rama Steel Tubes (NSE:RAMASTEEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Rama Steel Tubes Ltd (NSE:RAMASTEEL) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

539309:India

Address

Main Road, B-5, 3rd Floor, Ghazipur, New Delhi, IND, 110096

Website

https://www.ramasteel.com

Rama Steel Tubes Ltd is a manufacturer and exporter of steel pipes, steel tubes, galvanized pipes, fence pipes, electrical conduit pipes, scaffolding fittings, hollow section, square steel pipes, and square steel tubes. The firm's only segment is the manufacturing and trading of Steel Tubes Pipes and Steel allied products. It also manufactures and exports hollow section for the automobile industry, including highway and street lighting poles, as well as traffic signal poles. It operates its business across the world and generates its revenues from India.

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