CG Power & Industrial Solutions (NSE:CGPOWER) Days Sales Outstanding : 63.87 (As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is CG Power & Industrial Solutions Days Sales Outstanding?

CG Power & Industrial Solutions's average Accounts Receivable for the three months ended in Mar. 2024 was ₹15,342 Mil. CG Power & Industrial Solutions's Revenue for the three months ended in Mar. 2024 was ₹21,917 Mil. Hence, CG Power & Industrial Solutions's Days Sales Outstanding for the three months ended in Mar. 2024 was 63.87.

The historical rank and industry rank for CG Power & Industrial Solutions's Days Sales Outstanding or its related term are showing as below:

NSE:CGPOWER' s Days Sales Outstanding Range Over the Past 10 Years
Min: 51.69 Med: 88.66 Max: 233.63
Current: 62.36

During the past 13 years, CG Power & Industrial Solutions's highest Days Sales Outstanding was 233.63. The lowest was 51.69. And the median was 88.66.

NSE:CGPOWER's Days Sales Outstanding is ranked better than
67.95% of 2958 companies
in the Industrial Products industry
Industry Median: 79.61 vs NSE:CGPOWER: 62.36

CG Power & Industrial Solutions's Days Sales Outstanding increased from Mar. 2023 (62.20) to Mar. 2024 (63.87).

CG Power & Industrial Solutions Days Sales Outstanding Historical Data

The historical data trend for CG Power & Industrial Solutions'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.

CG Power & Industrial Solutions Days Sales Outstanding Chart

CG Power & Industrial Solutions Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

Get a 7-Day Free Trial

80.13

69.23

51.69

58.65

64.22

CG Power & Industrial Solutions Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															62.20	63.16	58.92	59.60	63.87

Competitive Comparison of CG Power & Industrial Solutions's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, CG Power & Industrial Solutions'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.

CG Power & Industrial Solutions's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CG Power & Industrial Solutions's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where CG Power & Industrial Solutions's Days Sales Outstanding falls into.

CG Power & Industrial Solutions 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.

CG Power & Industrial Solutions'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
=	( (12971.2	+	15341.9)	/	2 )	/	80459.8	*	365
=	14156.55					/	80459.8	*	365
=	64.22

CG Power & Industrial Solutions'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	+	15341.9)	/	1 )	/	21917.2	*	365 / 4
=	15341.9					/	21917.2	*	365 / 4
=	63.87

CG Power & Industrial Solutions (NSE:CGPOWER) Days Sales Outstanding Explanation

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

CG Power & Industrial Solutions Days Sales Outstanding Related Terms

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

CG Power & Industrial Solutions (NSE:CGPOWER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CG Power & Industrial Solutions Ltd (NSE:CGPOWER) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

500093:India

Address

Dr. Annie Besant Road, 6th Floor, CG House, Worli, Mumbai, MH, IND, 400 030

Website

https://www.cgglobal.com

CG Power & Industrial Solutions Ltd is an India based company engaged in providing products, services, and solutions to utilities, industries, and consumers for the management and application of sustainable electrical energy. It has two business segments. Power Systems segment includes products and services from ultra-high-voltage, high voltage, medium voltage and low voltage like transformer, switchgear, and turnkey projects whereas the Industrial Systems segment include rotating machines of power and ratings, automated AC, DC, and variable frequency drives and control systems like electric motors, alternators, drives, traction electronics, and SCADA. It operates in India and internationally and generates its revenues majorly from the Industrial systems segment within India.

CG Power & Industrial Solutions (NSE:CGPOWER) Headlines

No Headlines