Sonam (NSE:SONAMLTD) Days Sales Outstanding : 28.23 (As of Mar. 2023)

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What is Sonam Days Sales Outstanding?

Sonam's average Accounts Receivable for the six months ended in Mar. 2023 was ₹63.6 Mil. Sonam's Revenue for the six months ended in Mar. 2023 was ₹822.1 Mil. Hence, Sonam's Days Sales Outstanding for the six months ended in Mar. 2023 was 14.12.

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

NSE:SONAMLTD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.23 Med: 41.16 Max: 60.75
Current: 28.23

During the past 11 years, Sonam's highest Days Sales Outstanding was 60.75. The lowest was 28.23. And the median was 41.16.

NSE:SONAMLTD's Days Sales Outstanding is ranked better than
83.57% of 420 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 53.155 vs NSE:SONAMLTD: 28.23

Sonam's Days Sales Outstanding declined from Mar. 2021 (44.43) to Mar. 2023 (28.23).

Sonam Days Sales Outstanding Historical Data

The historical data trend for Sonam'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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Sonam Days Sales Outstanding Chart

Sonam Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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47.83

60.75

44.43

29.79

28.23

Sonam Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Days Sales Outstanding	Get a 7-Day Free Trial						47.83	60.75	44.43	29.79	28.23

Competitive Comparison of Sonam's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, Sonam'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.

Sonam's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Sonam's Days Sales Outstanding distribution charts can be found below:

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

Sonam 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.

Sonam'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
=	( (54.363	+	72.806)	/	2 )	/	822.057	*	365
=	63.5845					/	822.057	*	365
=	28.23

Sonam'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: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (54.363	+	72.806)	/	2 )	/	822.057	*	365 / 2
=	63.5845					/	822.057	*	365 / 2
=	14.12

Sonam (NSE:SONAMLTD) Days Sales Outstanding Explanation

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

Sonam Days Sales Outstanding Related Terms

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Sonam (NSE:SONAMLTD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Sonam Ltd (NSE:SONAMLTD) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Morbi Rajkot Highway, Survey No. 337/p, District Morbi, Village Lajai, Taluka Tankara, Rajkot, GJ, IND, 363 641

Website

https://www.sonamquartz.com

Sonam Ltd Formerly Sonam Clock Ltd operates in the clock manufacturing industry. The company is engaged in the Manufacturing and Sale of Horological items, Clocks, Clock Movements, and related items. Geographically, it operates only in India. Some of its product includes alarm time piece clock, classy dial clock, designer clock, divine tune clock, lcd clock, led digital clock, light sensor clock and others. Its products are sold under the brand name of Sonam, ampm, and Lotus.

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