Elgi Rubber Co (NSE:ELGIRUBCO) Days Sales Outstanding : 71.03 (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Elgi Rubber Co Days Sales Outstanding?

Elgi Rubber Co's average Accounts Receivable for the three months ended in Dec. 2023 was ₹737 Mil. Elgi Rubber Co's Revenue for the three months ended in Dec. 2023 was ₹947 Mil. Hence, Elgi Rubber Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 71.03.

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

NSE:ELGIRUBCO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.29 Med: 56.5 Max: 67.1
Current: 67.1

During the past 13 years, Elgi Rubber Co's highest Days Sales Outstanding was 67.10. The lowest was 50.29. And the median was 56.50.

NSE:ELGIRUBCO's Days Sales Outstanding is ranked worse than
58.89% of 1265 companies
in the Vehicles & Parts industry
Industry Median: 60.2 vs NSE:ELGIRUBCO: 67.10

Elgi Rubber Co's Days Sales Outstanding increased from Dec. 2022 (63.11) to Dec. 2023 (71.03).

Elgi Rubber Co Days Sales Outstanding Historical Data

The historical data trend for Elgi Rubber 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.

* Premium members only.

Elgi Rubber Co Days Sales Outstanding Chart

Elgi Rubber Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

50.29

55.16

55.46

60.01

65.44

Elgi Rubber 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															63.11	65.01	64.53	66.39	71.03

Competitive Comparison of Elgi Rubber Co's Days Sales Outstanding

For the Auto Parts subindustry, Elgi Rubber 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.

Elgi Rubber Co's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Elgi Rubber Co's Days Sales Outstanding distribution charts can be found below:

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

Elgi Rubber 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.

Elgi Rubber 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
=	( (734.11	+	674.16)	/	2 )	/	3927.46	*	365
=	704.135					/	3927.46	*	365
=	65.44

Elgi Rubber 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
=	( (737.211	+	0)	/	1 )	/	947.106	*	365 / 4
=	737.211					/	947.106	*	365 / 4
=	71.03

Elgi Rubber Co (NSE:ELGIRUBCO) Days Sales Outstanding Explanation

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

Elgi Rubber Co Days Sales Outstanding Related Terms

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

Elgi Rubber Co (NSE:ELGIRUBCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Elgi Rubber Co Ltd (NSE:ELGIRUBCO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Super A Unit, Coimbatore Private Industrial Estate, Coimbatore, TN, IND, 641 021

Website

http://www.elgirubber.com

Elgi Rubber Co Ltd provides solutions to Rubber Industry and is engaged in the business of manufacturing Reclaimed Rubber, Retreading machinery, and Retread rubber. The company has only one business segment, that is, manufacture of Reclaimed rubber and allied activities. Geographically, it derives a majority of its revenue from India. The company sells its product under various brands such as Jet, CRS (Cincinnati Retread Systems, Armonas, Pincott, Carbrasive, Midwest Rubber, Westernweld, Rubber Resources, and Rubber Compounding Holland. Its business operation comprises a single operating segment being Rubber Industry.

Elgi Rubber Co (NSE:ELGIRUBCO) Headlines

No Headlines