Max India (BOM:543223) Days Sales Outstanding : 10.58 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Max India Days Sales Outstanding?

Max India's average Accounts Receivable for the three months ended in Dec. 2023 was ₹47 Mil. Max India's Revenue for the three months ended in Dec. 2023 was ₹407 Mil. Hence, Max India's Days Sales Outstanding for the three months ended in Dec. 2023 was 10.58.

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

BOM:543223' s Days Sales Outstanding Range Over the Past 10 Years
Min: 8.59 Med: 23.34 Max: 51.57
Current: 9.67

During the past 7 years, Max India's highest Days Sales Outstanding was 51.57. The lowest was 8.59. And the median was 23.34.

BOM:543223's Days Sales Outstanding is ranked better than
90.77% of 639 companies
in the Healthcare Providers & Services industry
Industry Median: 46.01 vs BOM:543223: 9.67

Max India's Days Sales Outstanding declined from Dec. 2022 (12.21) to Dec. 2023 (10.58).

Max India Days Sales Outstanding Historical Data

The historical data trend for Max India'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.

Max India Days Sales Outstanding Chart

Max India Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

51.57

40.25

14.17

8.59

Max India 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															12.21	7.00	6.41	8.75	10.58

Competitive Comparison of Max India's Days Sales Outstanding

For the Medical Care Facilities subindustry, Max India'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.

Max India's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Max India's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Max India's Days Sales Outstanding falls into.

Max India 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.

Max India'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
=	( (57.099	+	28.565)	/	2 )	/	1819.125	*	365
=	42.832					/	1819.125	*	365
=	8.59

Max India'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
=	( (47.2	+	0)	/	1 )	/	406.9	*	365 / 4
=	47.2					/	406.9	*	365 / 4
=	10.58

Max India (BOM:543223) Days Sales Outstanding Explanation

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

Max India Days Sales Outstanding Related Terms

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

Max India (BOM:543223) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Max India Ltd (BOM:543223) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

MAXIND:India

Address

L20M, Max Towers, Plot No. C-001/A/1, Sector-16B, Noida, UP, IND, 201301

Website

https://www.maxindia.com

Max India Ltd is a multi-business corporate that operates in the healthcare sector. The company provides healthcare services. Also, the company provides health insurance policies, senior-living communities, and other health-related training services. The business operates in four segments namely, Business Investments, Senior Living, Skill and Development, and Other.

Max India (BOM:543223) Headlines

No Headlines