Jai Balaji Industries (NSE:JAIBALAJI) Days Sales Outstanding : 11.95 (As of Mar. 2024)

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What is Jai Balaji Industries Days Sales Outstanding?

Jai Balaji Industries's average Accounts Receivable for the three months ended in Mar. 2024 was ₹2,418 Mil. Jai Balaji Industries's Revenue for the three months ended in Mar. 2024 was ₹18,456 Mil. Hence, Jai Balaji Industries's Days Sales Outstanding for the three months ended in Mar. 2024 was 11.95.

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

NSE:JAIBALAJI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.65 Med: 45.83 Max: 203.33
Current: 13.05

During the past 13 years, Jai Balaji Industries's highest Days Sales Outstanding was 203.33. The lowest was 11.65. And the median was 45.83.

NSE:JAIBALAJI's Days Sales Outstanding is ranked better than
87.58% of 596 companies
in the Steel industry
Industry Median: 49.815 vs NSE:JAIBALAJI: 13.05

Jai Balaji Industries's Days Sales Outstanding declined from Mar. 2023 (12.78) to Mar. 2024 (11.95).

Jai Balaji Industries Days Sales Outstanding Historical Data

The historical data trend for Jai Balaji Industries'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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Jai Balaji Industries Days Sales Outstanding Chart

Jai Balaji Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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43.92

35.35

15.88

11.65

13.40

Jai Balaji Industries 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															12.78	14.11	12.79	12.86	11.95

Competitive Comparison of Jai Balaji Industries's Days Sales Outstanding

For the Steel subindustry, Jai Balaji Industries'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.

Jai Balaji Industries's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jai Balaji Industries's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Jai Balaji Industries's Days Sales Outstanding falls into.

Jai Balaji Industries 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.

Jai Balaji Industries'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
=	( (2293.105	+	2417.779)	/	2 )	/	64137.802	*	365
=	2355.442					/	64137.802	*	365
=	13.40

Jai Balaji Industries'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	+	2417.779)	/	1 )	/	18455.994	*	365 / 4
=	2417.779					/	18455.994	*	365 / 4
=	11.95

Jai Balaji Industries (NSE:JAIBALAJI) Days Sales Outstanding Explanation

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

Jai Balaji Industries Days Sales Outstanding Related Terms

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Jai Balaji Industries (NSE:JAIBALAJI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jai Balaji Industries Ltd (NSE:JAIBALAJI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

532976:India

Address

5, Bentinck Street, 1st Floor, Kolkata, WB, IND, 700 001

Website

http://www.jaibalajigroup.com

Jai Balaji Industries Ltd is an India based iron and steel manufacturing company. It manufactures Sponge Iron, Pig Iron, Ductile Iron Pipe, Ferro Chrome, Billet, TMT, Coke, and Sinter. The company is engaged in a single reportable segment of Iron and Steel. Geographically, it has a business presence in India and also exports it to other countries, of which key revenue is derived from India.

Jai Balaji Industries (NSE:JAIBALAJI) Headlines

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