Shree Cement (BOM:500387) Days Sales Outstanding : 28.52 (As of Dec. 2023)

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What is Shree Cement Days Sales Outstanding?

Shree Cement's average Accounts Receivable for the three months ended in Dec. 2023 was ₹16,327 Mil. Shree Cement's Revenue for the three months ended in Dec. 2023 was ₹52,232 Mil. Hence, Shree Cement's Days Sales Outstanding for the three months ended in Dec. 2023 was 28.52.

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

BOM:500387' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.28 Med: 21.45 Max: 31.54
Current: 25.16

During the past 13 years, Shree Cement's highest Days Sales Outstanding was 31.54. The lowest was 14.28. And the median was 21.45.

BOM:500387's Days Sales Outstanding is ranked better than
82.11% of 380 companies
in the Building Materials industry
Industry Median: 55.43 vs BOM:500387: 25.16

Shree Cement's Days Sales Outstanding increased from Dec. 2022 (26.43) to Dec. 2023 (28.52).

Shree Cement Days Sales Outstanding Historical Data

The historical data trend for Shree Cement'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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Shree Cement Days Sales Outstanding Chart

Shree Cement Annual Data

Trend

Jun14

Jun15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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22.07

30.47

24.37

18.36

20.93

Shree Cement 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															26.43	23.58	21.83	31.04	28.52

Competitive Comparison of Shree Cement's Days Sales Outstanding

For the Building Materials subindustry, Shree Cement'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.

Shree Cement's Days Sales Outstanding Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Shree Cement's Days Sales Outstanding distribution charts can be found below:

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

Shree Cement 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.

Shree Cement'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
=	( (7882.9	+	12115.7)	/	2 )	/	174410.4	*	365
=	9999.3					/	174410.4	*	365
=	20.93

Shree Cement'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
=	( (16327.2	+	0)	/	1 )	/	52231.8	*	365 / 4
=	16327.2					/	52231.8	*	365 / 4
=	28.52

Shree Cement (BOM:500387) Days Sales Outstanding Explanation

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

Shree Cement Days Sales Outstanding Related Terms

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Shree Cement (BOM:500387) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Shree Cement Ltd (BOM:500387) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

SHREECEM:India

Address

21 Strand Road, Kolkata, WB, IND, 700 001

Website

https://www.shreecement.com

Shree Cement Ltd manufactures and sells cement and cement-related products to the building and construction industries. It derives revenue from Cement, Clinker and Power sales, of which Cement products contribute majorly to the revenue. The Cement products are offered under the brands Shree Jung Rodhak and Bangur, among others. Nearly all of the firm's revenue comes from India.

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