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JTL Industries (BOM:534600) Days Sales Outstanding : 37.73 (As of Mar. 2024)


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What is JTL Industries Days Sales Outstanding?

JTL Industries's average Accounts Receivable for the three months ended in Mar. 2024 was ₹1,927 Mil. JTL Industries's Revenue for the three months ended in Mar. 2024 was ₹4,659 Mil. Hence, JTL Industries's Days Sales Outstanding for the three months ended in Mar. 2024 was 37.73.

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

BOM:534600' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.59   Med: 46.75   Max: 84.45
Current: 40.72

During the past 13 years, JTL Industries's highest Days Sales Outstanding was 84.45. The lowest was 27.59. And the median was 46.75.

BOM:534600's Days Sales Outstanding is ranked better than
59.03% of 598 companies
in the Steel industry
Industry Median: 49.915 vs BOM:534600: 40.72

JTL Industries's Days Sales Outstanding declined from Dec. 2022 (44.76) to Mar. 2024 (37.73).


JTL Industries Days Sales Outstanding Historical Data

The historical data trend for JTL 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.

JTL Industries Days Sales Outstanding Chart

JTL Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.45 61.36 27.59 29.53 29.87

JTL Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 44.76 27.27 29.19 28.95 37.73

Competitive Comparison of JTL Industries's Days Sales Outstanding

For the Steel subindustry, JTL 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.


JTL Industries's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, JTL Industries's Days Sales Outstanding distribution charts can be found below:

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



JTL 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.

JTL Industries'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
=( (1412.487 + 1926.612) / 2 ) / 20402.289*365
=1669.5495 / 20402.289*365
=29.87

JTL Industries'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 + 1926.612) / 1 ) / 4659.398*365 / 4
=1926.612 / 4659.398*365 / 4
=37.73

* 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.


JTL Industries  (BOM:534600) Days Sales Outstanding Explanation

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


JTL Industries Days Sales Outstanding Related Terms

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JTL Industries (BOM:534600) Business Description

Traded in Other Exchanges
Address
SCO 18-19, Sector 28-C, Chandigarh, PB, IND, 160 002
JTL Industries Ltd operates in the metal industry. The company manufactures and is involved in galvanized ERW Steel Pipes and Tubes, hollow sections, and structural steel extensively used in engineering and construction projects. Company has single reportable business segment i.e. manufacturing of iron/steel tubes, pipes and structures. The Company has a pan-India presence and is globally present in serving continents such as Europe, Africa, Asia, Australia and North America.

JTL Industries (BOM:534600) Headlines

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