R M Drip & Sprinklers Systems (NSE:RMDRIP) Days Sales Outstanding : 342.34 (As of Sep. 2023)

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What is R M Drip & Sprinklers Systems Days Sales Outstanding?

R M Drip & Sprinklers Systems's average Accounts Receivable for the six months ended in Sep. 2023 was ₹156.5 Mil. R M Drip & Sprinklers Systems's Revenue for the six months ended in Sep. 2023 was ₹83.4 Mil. Hence, R M Drip & Sprinklers Systems's Days Sales Outstanding for the six months ended in Sep. 2023 was 342.34.

The historical rank and industry rank for R M Drip & Sprinklers Systems's Days Sales Outstanding or its related term are showing as below:

NSE:RMDRIP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.85 Med: 153.78 Max: 548.91
Current: 392.78

During the past 11 years, R M Drip & Sprinklers Systems's highest Days Sales Outstanding was 548.91. The lowest was 61.85. And the median was 153.78.

NSE:RMDRIP's Days Sales Outstanding is ranked worse than
98.56% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 73.51 vs NSE:RMDRIP: 392.78

R M Drip & Sprinklers Systems's Days Sales Outstanding declined from Sep. 2022 (884.75) to Sep. 2023 (342.34).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

R M Drip & Sprinklers Systems Days Sales Outstanding Historical Data

The historical data trend for R M Drip & Sprinklers Systems'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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R M Drip & Sprinklers Systems Days Sales Outstanding Chart

R M Drip & Sprinklers Systems Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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232.52

211.57

292.11

335.27

548.91

R M Drip & Sprinklers Systems Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial													482.32	267.93	884.75	428.91	342.34

Competitive Comparison of R M Drip & Sprinklers Systems's Days Sales Outstanding

For the Farm & Heavy Construction Machinery subindustry, R M Drip & Sprinklers Systems'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.

R M Drip & Sprinklers Systems's Days Sales Outstanding Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, R M Drip & Sprinklers Systems's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where R M Drip & Sprinklers Systems's Days Sales Outstanding falls into.

R M Drip & Sprinklers Systems 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.

R M Drip & Sprinklers Systems'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
=	( (180.404	+	149.063)	/	2 )	/	109.541	*	365
=	164.7335					/	109.541	*	365
=	548.91

R M Drip & Sprinklers Systems's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (149.063	+	163.985)	/	2 )	/	83.443	*	365 / 2
=	156.524					/	83.443	*	365 / 2
=	342.34

R M Drip & Sprinklers Systems (NSE:RMDRIP) Days Sales Outstanding Explanation

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

R M Drip & Sprinklers Systems Days Sales Outstanding Related Terms

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R M Drip & Sprinklers Systems (NSE:RMDRIP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » R M Drip & Sprinklers Systems Ltd (NSE:RMDRIP) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gat No. 475, Village Gonde, Taluka Sinnar, Nashik, MH, IND, 422113

Website

http://www.rmdrip.com

R M Drip & Sprinklers Systems Ltd designs manufacture and sell micro-irrigation equipment. The company's products are Drip Irrigation, Sprinkler Irrigation, Filters, among others. The Company also assists the farmers in designing and installation of its Sprinkler and Drip Irrigations systems according to their needs. The dealer network expands from Maharashtra, Madhya Pradesh, Gujarat, Karnataka and extended its market to Uttar Pradesh, Bihar and Jharkhand.

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