Magson Retail and Distribution (NSE:MAGSON) Days Sales Outstanding : 15.35 (As of Sep. 2023)

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What is Magson Retail and Distribution Days Sales Outstanding?

Magson Retail and Distribution's average Accounts Receivable for the six months ended in Sep. 2023 was ₹29.1 Mil. Magson Retail and Distribution's Revenue for the six months ended in Sep. 2023 was ₹345.9 Mil. Hence, Magson Retail and Distribution's Days Sales Outstanding for the six months ended in Sep. 2023 was 15.35.

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

NSE:MAGSON' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.42 Med: 8.06 Max: 15.79
Current: 15.79

During the past 3 years, Magson Retail and Distribution's highest Days Sales Outstanding was 15.79. The lowest was 7.42. And the median was 8.06.

NSE:MAGSON's Days Sales Outstanding is ranked better than
56.54% of 306 companies
in the Retail - Defensive industry
Industry Median: 23.525 vs NSE:MAGSON: 15.79

Magson Retail and Distribution's Days Sales Outstanding increased from Sep. 2022 (8.26) to Sep. 2023 (15.35).

Magson Retail and Distribution Days Sales Outstanding Historical Data

The historical data trend for Magson Retail and Distribution'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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Magson Retail and Distribution Days Sales Outstanding Chart

Magson Retail and Distribution Annual Data

Trend

Mar21

Mar22

Mar23

Days Sales Outstanding

7.42

8.07

8.06

Magson Retail and Distribution Semi-Annual Data
	Mar21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	-	-	8.26	7.86	15.35

Competitive Comparison of Magson Retail and Distribution's Days Sales Outstanding

For the Grocery Stores subindustry, Magson Retail and Distribution'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.

Magson Retail and Distribution's Days Sales Outstanding Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Magson Retail and Distribution's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Magson Retail and Distribution's Days Sales Outstanding falls into.

Magson Retail and Distribution 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.

Magson Retail and Distribution'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
=	( (13.658	+	14.07)	/	2 )	/	628.192	*	365
=	13.864					/	628.192	*	365
=	8.06

Magson Retail and Distribution's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (14.07	+	44.116)	/	2 )	/	345.907	*	365 / 2
=	29.093					/	345.907	*	365 / 2
=	15.35

Magson Retail and Distribution (NSE:MAGSON) Days Sales Outstanding Explanation

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

Magson Retail and Distribution Days Sales Outstanding Related Terms

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Magson Retail and Distribution (NSE:MAGSON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Magson Retail and Distribution Ltd (NSE:MAGSON) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Near Judges Bungalows Cross Roads, 204-B, Primate Complex, Opposite Mother Milk Palace, Bodakdev, Ahmedabad, GJ, IND, 380015

Website

https://www.magson.in

Magson Retail and Distribution Ltd is engaged in the retail and Distribution business of gourmet, frozen food, and specialty foods. The company operates retail stores through and own stores, jointly owned stores, and a franchise model under its brand name 'MagSon'. In addition, the company has a separate chocolate store that is operated under the brand name 'My Chocolate World'.

Magson Retail and Distribution (NSE:MAGSON) Headlines

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