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Tata Motors (Tata Motors) Days Sales Outstanding : 14.24 (As of Dec. 2023)


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What is Tata Motors Days Sales Outstanding?

Tata Motors's average Accounts Receivable for the three months ended in Dec. 2023 was $2,058 Mil. Tata Motors's Revenue for the three months ended in Dec. 2023 was $13,188 Mil. Hence, Tata Motors's Days Sales Outstanding for the three months ended in Dec. 2023 was 14.24.

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

TTM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.34   Med: 17.78   Max: 23.71
Current: 13.34

During the past 13 years, Tata Motors's highest Days Sales Outstanding was 23.71. The lowest was 13.34. And the median was 17.78.

TTM's Days Sales Outstanding is ranked better than
91.1% of 1269 companies
in the Vehicles & Parts industry
Industry Median: 60.76 vs TTM: 13.34

Tata Motors's Days Sales Outstanding increased from Dec. 2022 (14.21) to Dec. 2023 (14.24).


Tata Motors Days Sales Outstanding Historical Data

The historical data trend for Tata Motors'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.

* Premium members only.

Tata Motors Days Sales Outstanding Chart

Tata Motors Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.54 22.20 17.35 17.05 15.53

Tata Motors Quarterly Data
Mar13 Dec13 Mar14 Dec14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.21 13.67 14.14 14.94 14.24

Competitive Comparison of Tata Motors's Days Sales Outstanding

For the Auto Manufacturers subindustry, Tata Motors'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.


Tata Motors's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

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

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



Tata Motors 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.

Tata Motors'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
=( (1633.047 + 1913.047) / 2 ) / 41678.519*365
=1773.047 / 41678.519*365
=15.53

Tata Motors'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
=( (2057.822 + 0) / 1 ) / 13188.462*365 / 4
=2057.822 / 13188.462*365 / 4
=14.24

* 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.


Tata Motors  (NYSE:TTM) Days Sales Outstanding Explanation

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


Tata Motors Days Sales Outstanding Related Terms

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Tata Motors (Tata Motors) Business Description

Address
24, Homi Mody Street, Bombay House, Mumbai, MH, IND, 400 001
Tata Motors Ltd is an automobile manufacturer company. The company's segment includes Automotive and others. The Automotive segment consists of four reportable sub-segments: Tata Commercial Vehicles, Tata Passenger Vehicles, Jaguar Land Rover, and Vehicle Financing. Others consist of IT services and Insurance Broking services. Geographically, it derives a majority of its revenue from India.

Tata Motors (Tata Motors) Headlines