Charms Industries (BOM:531327) Days Sales Outstanding : 50.39 (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Charms Industries Days Sales Outstanding?

Charms Industries's average Accounts Receivable for the three months ended in Dec. 2023 was ₹0.76 Mil. Charms Industries's Revenue for the three months ended in Dec. 2023 was ₹1.38 Mil. Hence, Charms Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 50.39.

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

BOM:531327' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.77 Med: 20.14 Max: 84.63
Current: 84.63

During the past 13 years, Charms Industries's highest Days Sales Outstanding was 84.63. The lowest was 1.77. And the median was 20.14.

BOM:531327's Days Sales Outstanding is ranked worse than
57.58% of 561 companies
in the Capital Markets industry
Industry Median: 62.37 vs BOM:531327: 84.63

Charms Industries's Days Sales Outstanding increased from Dec. 2022 (0.00) to Dec. 2023 (50.39).

Charms Industries Days Sales Outstanding Historical Data

The historical data trend for Charms 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.

* Premium members only.

Charms Industries Days Sales Outstanding Chart

Charms Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

Charms 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															-	-	-	55.55	50.39

Competitive Comparison of Charms Industries's Days Sales Outstanding

For the Capital Markets subindustry, Charms 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.

Charms Industries's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Charms Industries's Days Sales Outstanding distribution charts can be found below:

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

Charms 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.

Charms 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
=	( (0	+	0)	/	1 )	/	0.255	*	365
=	0					/	0.255	*	365
=	0.00

Charms 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
=	( (0.761	+	0)	/	1 )	/	1.378	*	365 / 4
=	0.761					/	1.378	*	365 / 4
=	50.39

Charms Industries (BOM:531327) Days Sales Outstanding Explanation

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

Charms Industries Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Charms Industries's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Charms Industries (BOM:531327) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Charms Industries Ltd (BOM:531327) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

108-B/109, Sampada Building, Mithakali Six Roads, Opposite Hare Krishna Complex, Behind Kiran Motors, Ahmedabad, GJ, IND, 380 009

Website

http://www.charmsindustries.co.in

Charms Industries Ltd is an RBI registered full-fledged money changer. In money changing, the company provides an array of products and services including buying and selling of foreign currency notes, servicing of co-branded International prepaid multicurrency travel cards, issuance of foreign currency demand drafts, travelers' cheques and outward telegraphic remittances, including outbound remittances towards student fees, film shoots, tour remittances etc. and also extend encasements of foreign currency demand drafts, travelers' cheques and forex prepaid cards.

Charms Industries (BOM:531327) Headlines

No Headlines