Anik Industries (BOM:519383) Days Sales Outstanding : 861.39 (As of Dec. 2023)

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What is Anik Industries Days Sales Outstanding?

Anik Industries's average Accounts Receivable for the three months ended in Dec. 2023 was ₹1,071.0 Mil. Anik Industries's Revenue for the three months ended in Dec. 2023 was ₹113.5 Mil. Hence, Anik Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 861.39.

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

BOM:519383' s Days Sales Outstanding Range Over the Past 10 Years
Min: 102.84 Med: 265.44 Max: 798.62
Current: 696.41

During the past 13 years, Anik Industries's highest Days Sales Outstanding was 798.62. The lowest was 102.84. And the median was 265.44.

BOM:519383's Days Sales Outstanding is ranked worse than
99.67% of 306 companies
in the Retail - Defensive industry
Industry Median: 23.525 vs BOM:519383: 696.41

Anik Industries's Days Sales Outstanding increased from Dec. 2022 (533.21) to Dec. 2023 (861.39).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Anik Industries Days Sales Outstanding Historical Data

The historical data trend for Anik Industries'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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Anik Industries Days Sales Outstanding Chart

Anik Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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156.17

156.31

460.91

212.83

378.26

Anik Industries 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															533.21	642.75	563.95	656.90	861.39

Competitive Comparison of Anik Industries's Days Sales Outstanding

For the Food Distribution subindustry, Anik Industries'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.

Anik Industries's Days Sales Outstanding Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Anik Industries's Days Sales Outstanding distribution charts can be found below:

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

Anik Industries 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.

Anik Industries'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
=	( (1332.878	+	1114.962)	/	2 )	/	1181.01	*	365
=	1223.92					/	1181.01	*	365
=	378.26

Anik Industries'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
=	( (1070.997	+	0)	/	1 )	/	113.455	*	365 / 4
=	1070.997					/	113.455	*	365 / 4
=	861.39

Anik Industries (BOM:519383) Days Sales Outstanding Explanation

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

Anik Industries Days Sales Outstanding Related Terms

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Anik Industries (BOM:519383) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Anik Industries Ltd (BOM:519383) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ANIKINDS:India

Address

2/1 South Tukoganj, Behind High Court, Indore, MP, IND, 452001

Website

http://www.anikgroup.com

Anik Industries Ltd is an Indian company which is primarily engaged in the business of trading of Agri- Commodities, Edible oil and Vanaspati, Property Development, Wind power Generation and others. Its business segments are Real Estate, Wind Power Unit, and Others. The company generates the majority of its revenue from the Real Estate segment.

Anik Industries (BOM:519383) Headlines

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