Shangar Decor (BOM:540259) Days Sales Outstanding : 478.23 (As of Dec. 2023)

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What is Shangar Decor Days Sales Outstanding?

Shangar Decor's average Accounts Receivable for the three months ended in Dec. 2023 was ₹71.98 Mil. Shangar Decor's Revenue for the three months ended in Dec. 2023 was ₹13.74 Mil. Hence, Shangar Decor's Days Sales Outstanding for the three months ended in Dec. 2023 was 478.23.

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

BOM:540259' s Days Sales Outstanding Range Over the Past 10 Years
Min: 161.71 Med: 232.68 Max: 590.1
Current: 384.93

During the past 12 years, Shangar Decor's highest Days Sales Outstanding was 590.10. The lowest was 161.71. And the median was 232.68.

BOM:540259's Days Sales Outstanding is ranked worse than
97.2% of 1036 companies
in the Business Services industry
Industry Median: 58.43 vs BOM:540259: 384.93

Shangar Decor's Days Sales Outstanding increased from Dec. 2022 (138.14) to Dec. 2023 (478.23).

Shangar Decor Days Sales Outstanding Historical Data

The historical data trend for Shangar Decor'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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Shangar Decor Days Sales Outstanding Chart

Shangar Decor Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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307.67

267.36

590.10

350.74

243.75

Shangar Decor 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															138.14	224.26	586.07	559.45	478.23

Competitive Comparison of Shangar Decor's Days Sales Outstanding

For the Specialty Business Services subindustry, Shangar Decor'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.

Shangar Decor's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Shangar Decor's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shangar Decor's Days Sales Outstanding falls into.

Shangar Decor 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.

Shangar Decor'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
=	( (61.863	+	67.098)	/	2 )	/	96.554	*	365
=	64.4805					/	96.554	*	365
=	243.75

Shangar Decor'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
=	( (71.983	+	0)	/	1 )	/	13.735	*	365 / 4
=	71.983					/	13.735	*	365 / 4
=	478.23

Shangar Decor (BOM:540259) Days Sales Outstanding Explanation

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

Shangar Decor Days Sales Outstanding Related Terms

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Shangar Decor (BOM:540259) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Shangar Decor Ltd (BOM:540259) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

44, Sharad Flats, Opposite Dharnidhar Temple, Behind Sales India, Paldi, Ahmedabad, GJ, IND, 380007

Website

https://www.shangardecor.com

Shangar Decor Ltd is a company engaged in the provision of decoration business. Its services include theme wedding decor, pre-wedding decor, corporate events decor, religious events decor, and catering services. The Company is primarily engaged in single segment which is Event Management. The company derives revenue from activities being mandap keeping, decoration contracts and turnkey projects in the decoration segment.

Shangar Decor (BOM:540259) Headlines

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