Waa Solar (BOM:541445) Days Sales Outstanding : 911.20 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Waa Solar Days Sales Outstanding?

Waa Solar's average Accounts Receivable for the six months ended in Mar. 2024 was ₹152.0 Mil. Waa Solar's Revenue for the six months ended in Mar. 2024 was ₹30.4 Mil. Hence, Waa Solar's Days Sales Outstanding for the six months ended in Mar. 2024 was 911.20.

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

BOM:541445' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.61 Med: 40.96 Max: 214.67
Current: 193.89

During the past 12 years, Waa Solar's highest Days Sales Outstanding was 214.67. The lowest was 12.61. And the median was 40.96.

BOM:541445's Days Sales Outstanding is ranked worse than
83.37% of 409 companies
in the Utilities - Independent Power Producers industry
Industry Median: 63.62 vs BOM:541445: 193.89

Waa Solar's Days Sales Outstanding increased from Mar. 2023 (108.57) to Mar. 2024 (911.20).

Warning Sign:

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

Waa Solar Days Sales Outstanding Historical Data

The historical data trend for Waa Solar'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.

Waa Solar Days Sales Outstanding Chart

Waa Solar Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

Get a 7-Day Free Trial

52.46

88.91

95.47

94.50

214.67

Waa Solar Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial													88.24	102.76	108.57	89.83	911.20

Competitive Comparison of Waa Solar's Days Sales Outstanding

For the Utilities - Renewable subindustry, Waa Solar'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.

Waa Solar's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Waa Solar's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Waa Solar's Days Sales Outstanding falls into.

Waa Solar 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.

Waa Solar'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
=	( (121.382	+	192.564)	/	2 )	/	266.897	*	365
=	156.973					/	266.897	*	365
=	214.67

Waa Solar'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: Sep. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (111.393	+	192.564)	/	2 )	/	30.439	*	365 / 2
=	151.9785					/	30.439	*	365 / 2
=	911.20

Waa Solar (BOM:541445) Days Sales Outstanding Explanation

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

Waa Solar Days Sales Outstanding Related Terms

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

Waa Solar (BOM:541445) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Waa Solar Ltd (BOM:541445) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Madhav House, Near Panchratna Building, Subhanpura, Vadodara, GJ, IND, 390023

Website

http://www.waasolar.org

Waa Solar Ltd is an Indian firm engaged in electric power generation, transmission, and distribution. The company is focused on the development of renewable energy in terms of Solar Power Generation through Ground Mounted Projects and also by undertaking Solar Rooftop Projects. Some of the projects of the company are the 10.25 MW Solar PV Power Project, 100 KW Solar PV Power Project, 10.42 MW Solar PV Power Project, and many more. It generates substantial revenue from the sale of solar power products.

Waa Solar (BOM:541445) Headlines

No Headlines