Patel Engineering (NSE:PATELENG) Days Sales Outstanding : 37.63 (As of Mar. 2024)

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What is Patel Engineering Days Sales Outstanding?

Patel Engineering's average Accounts Receivable for the three months ended in Mar. 2024 was ₹5,539 Mil. Patel Engineering's Revenue for the three months ended in Mar. 2024 was ₹13,432 Mil. Hence, Patel Engineering's Days Sales Outstanding for the three months ended in Mar. 2024 was 37.63.

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

NSE:PATELENG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 23.36 Med: 46.24 Max: 77.85
Current: 41.75

During the past 13 years, Patel Engineering's highest Days Sales Outstanding was 77.85. The lowest was 23.36. And the median was 46.24.

NSE:PATELENG's Days Sales Outstanding is ranked better than
80.99% of 1641 companies
in the Construction industry
Industry Median: 73.38 vs NSE:PATELENG: 41.75

Patel Engineering's Days Sales Outstanding declined from Mar. 2023 (40.24) to Mar. 2024 (37.63).

Patel Engineering Days Sales Outstanding Historical Data

The historical data trend for Patel Engineering'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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Patel Engineering Days Sales Outstanding Chart

Patel Engineering Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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41.11

77.85

53.75

51.28

43.59

Patel Engineering 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															40.24	43.35	42.35	40.77	37.63

Competitive Comparison of Patel Engineering's Days Sales Outstanding

For the Engineering & Construction subindustry, Patel Engineering'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.

Patel Engineering's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Patel Engineering's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Patel Engineering's Days Sales Outstanding falls into.

Patel Engineering 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.

Patel Engineering'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
=	( (5313.74	+	5539.21)	/	2 )	/	45441.08	*	365
=	5426.475					/	45441.08	*	365
=	43.59

Patel Engineering'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	+	5539.21)	/	1 )	/	13431.79	*	365 / 4
=	5539.21					/	13431.79	*	365 / 4
=	37.63

Patel Engineering (NSE:PATELENG) Days Sales Outstanding Explanation

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

Patel Engineering Days Sales Outstanding Related Terms

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Patel Engineering (NSE:PATELENG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Patel Engineering Ltd (NSE:PATELENG) » Definitions » Days Sales Outstanding

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531120:India

Address

Patel Estate Road, Jogeshwari (West), Mumbai, MH, IND, 400 102

Website

http://www.pateleng.com

Patel Engineering Ltd is a company that undertakes civil construction and engineering projects. The company is engaged in segments including engineering procurement and construction (EPC) and real estate. It generates a vast majority of its revenue from the EPC segment within India. The company projects include all sectors of the infrastructure industry from dams, tunnels, micro-runnels, hydroelectric projects, irrigation projects, highways, roads, bridges, railways, refineries to real estates, and townships.

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