Ashapuri Gold Ornament (BOM:542579) Days Sales Outstanding : 53.46 (As of Mar. 2024)

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What is Ashapuri Gold Ornament Days Sales Outstanding?

Ashapuri Gold Ornament's average Accounts Receivable for the three months ended in Mar. 2024 was ₹297 Mil. Ashapuri Gold Ornament's Revenue for the three months ended in Mar. 2024 was ₹507 Mil. Hence, Ashapuri Gold Ornament's Days Sales Outstanding for the three months ended in Mar. 2024 was 53.46.

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

BOM:542579' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.58 Med: 21.02 Max: 51.29
Current: 51.29

During the past 9 years, Ashapuri Gold Ornament's highest Days Sales Outstanding was 51.29. The lowest was 4.58. And the median was 21.02.

BOM:542579's Days Sales Outstanding is ranked worse than
78.92% of 1077 companies
in the Retail - Cyclical industry
Industry Median: 17.48 vs BOM:542579: 51.29

Ashapuri Gold Ornament's Days Sales Outstanding increased from Mar. 2023 (46.18) to Mar. 2024 (53.46).

Ashapuri Gold Ornament Days Sales Outstanding Historical Data

The historical data trend for Ashapuri Gold Ornament'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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Ashapuri Gold Ornament Days Sales Outstanding Chart

Ashapuri Gold Ornament Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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21.02

32.05

34.43

41.48

49.73

Ashapuri Gold Ornament Quarterly Data
	Mar18	Nov18	Mar19	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															46.18	69.87	50.52	44.93	53.46

Competitive Comparison of Ashapuri Gold Ornament's Days Sales Outstanding

For the Luxury Goods subindustry, Ashapuri Gold Ornament'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.

Ashapuri Gold Ornament's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ashapuri Gold Ornament's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Ashapuri Gold Ornament's Days Sales Outstanding falls into.

Ashapuri Gold Ornament 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.

Ashapuri Gold Ornament'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
=	( (152.783	+	297.047)	/	2 )	/	1650.673	*	365
=	224.915					/	1650.673	*	365
=	49.73

Ashapuri Gold Ornament'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	+	297.047)	/	1 )	/	507.033	*	365 / 4
=	297.047					/	507.033	*	365 / 4
=	53.46

Ashapuri Gold Ornament (BOM:542579) Days Sales Outstanding Explanation

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

Ashapuri Gold Ornament Days Sales Outstanding Related Terms

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Ashapuri Gold Ornament (BOM:542579) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ashapuri Gold Ornament Ltd (BOM:542579) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

C.G. Road, 109 to 112A, 1st Floor Supermall, Near Lal Bunglow, Ahmedabad, GJ, IND, 380009

Website

https://www.ashapurigold.com

Ashapuri Gold Ornament Ltd Is a manufacturer and wholesaler of gold jewellery. It offers a wide range of jewellery products in 22-carat gold ornaments such as Choker Set, Toda Set, Long Set, Pota Jewellery, Saloya, and Bracelet. In addition, it also offers Temple Collection, Moti Set, BikaneriMeena and RaniHaar.

Ashapuri Gold Ornament (BOM:542579) Headlines

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