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Steel Strips Wheels (BOM:513262) Days Sales Outstanding : 38.21 (As of Dec. 2023)


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What is Steel Strips Wheels Days Sales Outstanding?

Steel Strips Wheels's average Accounts Receivable for the three months ended in Dec. 2023 was ₹4,649 Mil. Steel Strips Wheels's Revenue for the three months ended in Dec. 2023 was ₹11,103 Mil. Hence, Steel Strips Wheels's Days Sales Outstanding for the three months ended in Dec. 2023 was 38.21.

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

BOM:513262' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.29   Med: 50.15   Max: 69.15
Current: 36.89

During the past 13 years, Steel Strips Wheels's highest Days Sales Outstanding was 69.15. The lowest was 33.29. And the median was 50.15.

BOM:513262's Days Sales Outstanding is ranked better than
76.34% of 1268 companies
in the Vehicles & Parts industry
Industry Median: 60.285 vs BOM:513262: 36.89

Steel Strips Wheels's Days Sales Outstanding declined from Dec. 2022 (47.45) to Dec. 2023 (38.21).


Steel Strips Wheels Days Sales Outstanding Historical Data

The historical data trend for Steel Strips Wheels'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.

Steel Strips Wheels Days Sales Outstanding Chart

Steel Strips Wheels 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 45.41 47.31 48.97 33.29 33.47

Steel Strips Wheels 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 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 47.45 31.67 30.47 37.42 38.21

Competitive Comparison of Steel Strips Wheels's Days Sales Outstanding

For the Auto Parts subindustry, Steel Strips Wheels'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.


Steel Strips Wheels's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Steel Strips Wheels's Days Sales Outstanding falls into.



Steel Strips Wheels 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.

Steel Strips Wheels'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
=( (3923.365 + 3487.491) / 2 ) / 40405.449*365
=3705.428 / 40405.449*365
=33.47

Steel Strips Wheels'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
=( (4648.814 + 0) / 1 ) / 11103.029*365 / 4
=4648.814 / 11103.029*365 / 4
=38.21

* 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.


Steel Strips Wheels  (BOM:513262) Days Sales Outstanding Explanation

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


Steel Strips Wheels Days Sales Outstanding Related Terms

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Steel Strips Wheels (BOM:513262) Business Description

Traded in Other Exchanges
Address
Madhya Marg, SCO 49-50, Sector 26, Chandigarh, IND, 160 019
Steel Strips Wheels Ltd is an India-based automotive steel wheels manufacturing company. It is engaged in the designing and manufacturing business of Steel wheel rims and Alloy wheel rims catering to different segments of the automobile industry. The company operates in India and has a presence in international markets as well. The group generates the majority of its revenue from India.

Steel Strips Wheels (BOM:513262) Headlines

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