Davangere Sugar Co (BOM:543267) Days Sales Outstanding : 15.25 (As of Dec. 2023)

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What is Davangere Sugar Co Days Sales Outstanding?

Davangere Sugar Co's average Accounts Receivable for the three months ended in Dec. 2023 was ₹131 Mil. Davangere Sugar Co's Revenue for the three months ended in Dec. 2023 was ₹783 Mil. Hence, Davangere Sugar Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 15.25.

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

BOM:543267' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.85 Med: 49.49 Max: 111.75
Current: 28.85

During the past 10 years, Davangere Sugar Co's highest Days Sales Outstanding was 111.75. The lowest was 28.85. And the median was 49.49.

BOM:543267's Days Sales Outstanding is ranked better than
66.1% of 1838 companies
in the Consumer Packaged Goods industry
Industry Median: 39.145 vs BOM:543267: 28.85

Davangere Sugar Co's Days Sales Outstanding declined from Dec. 2022 (21.06) to Dec. 2023 (15.25).

Davangere Sugar Co Days Sales Outstanding Historical Data

The historical data trend for Davangere Sugar Co'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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Davangere Sugar Co Days Sales Outstanding Chart

Davangere Sugar Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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56.47

42.30

69.94

111.75

37.87

Davangere Sugar Co 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															21.06	23.50	40.77	44.38	15.25

Competitive Comparison of Davangere Sugar Co's Days Sales Outstanding

For the Confectioners subindustry, Davangere Sugar Co'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.

Davangere Sugar Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Davangere Sugar Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Davangere Sugar Co's Days Sales Outstanding falls into.

Davangere Sugar Co 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.

Davangere Sugar Co'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
=	( (356.243	+	213.274)	/	2 )	/	2744.57	*	365
=	284.7585					/	2744.57	*	365
=	37.87

Davangere Sugar Co'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
=	( (130.906	+	0)	/	1 )	/	783.131	*	365 / 4
=	130.906					/	783.131	*	365 / 4
=	15.25

Davangere Sugar Co (BOM:543267) Days Sales Outstanding Explanation

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

Davangere Sugar Co Days Sales Outstanding Related Terms

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Davangere Sugar Co (BOM:543267) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Davangere Sugar Co Ltd (BOM:543267) » Definitions » Days Sales Outstanding

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DAVANGERE:India

Address

No. 19, Shivashankar Plaza, Lalbagh Road, 3rd Floor, Richmond Circle, Banglore, KA, IND, 560 027

Website

https://www.davangeresugar.com

Davangere Sugar Co Ltd is engaged in the business of Sugar Manufacturing (By-product Molasses) from Sugarcane and Co-generation of Electricity Power. It is operating in various business segments, such as Sugar, Co-Generation, Aviation, and Others.

Davangere Sugar Co (BOM:543267) Headlines

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