Finolex Cables (BOM:500144) Days Sales Outstanding : 11.56 (As of Mar. 2024)

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What is Finolex Cables Days Sales Outstanding?

Finolex Cables's average Accounts Receivable for the three months ended in Mar. 2024 was ₹1,775 Mil. Finolex Cables's Revenue for the three months ended in Mar. 2024 was ₹14,010 Mil. Hence, Finolex Cables's Days Sales Outstanding for the three months ended in Mar. 2024 was 11.56.

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

BOM:500144' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.17 Med: 19.38 Max: 25.56
Current: 14.17

During the past 13 years, Finolex Cables's highest Days Sales Outstanding was 25.56. The lowest was 14.17. And the median was 19.38.

BOM:500144's Days Sales Outstanding is ranked better than
98.17% of 2957 companies
in the Industrial Products industry
Industry Median: 79.65 vs BOM:500144: 14.17

Finolex Cables's Days Sales Outstanding declined from Mar. 2023 (16.23) to Mar. 2024 (11.56).

Finolex Cables Days Sales Outstanding Historical Data

The historical data trend for Finolex Cables'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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Finolex Cables Days Sales Outstanding Chart

Finolex Cables Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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25.56

24.37

17.45

16.08

14.38

Finolex Cables Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															16.23	16.50	14.50	14.09	11.56

Competitive Comparison of Finolex Cables's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Finolex Cables'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.

Finolex Cables's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Finolex Cables's Days Sales Outstanding distribution charts can be found below:

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

Finolex Cables 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.

Finolex Cables's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (2177.6	+	1774.7)	/	2 )	/	50143.9	*	365
=	1976.15					/	50143.9	*	365
=	14.38

Finolex Cables's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (0	+	1774.7)	/	1 )	/	14010.2	*	365 / 4
=	1774.7					/	14010.2	*	365 / 4
=	11.56

Finolex Cables (BOM:500144) Days Sales Outstanding Explanation

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

Finolex Cables Days Sales Outstanding Related Terms

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Finolex Cables (BOM:500144) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Finolex Cables Ltd (BOM:500144) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

FINCABLES:India

Address

26-27 Mumbai-Pune Road, Pimpri, Pune, MH, IND, 411018

Website

https://finolex.com

Finolex Cables Ltd is an electronic components company. The operating segments of the group are Electrical cables, Communication cables, Copper rods and Others - Trading of Electrical and other goods. It derives a majority of revenue from the Electrical cables segment. The group offers products like Wires and cables, Optical fibre cables, Switches, LED lightings, Fans, MCB, Water heater and other products. Geographically the business presence of the firm can be seen in the Indian and International market.

Finolex Cables (BOM:500144) Headlines

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