TTK Prestige (NSE:TTKPRESTIG) Days Sales Outstanding : 43.15 (As of Dec. 2023)

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What is TTK Prestige Days Sales Outstanding?

TTK Prestige's average Accounts Receivable for the three months ended in Dec. 2023 was ₹3,492 Mil. TTK Prestige's Revenue for the three months ended in Dec. 2023 was ₹7,384 Mil. Hence, TTK Prestige's Days Sales Outstanding for the three months ended in Dec. 2023 was 43.15.

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

NSE:TTKPRESTIG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.86 Med: 42.92 Max: 51.56
Current: 51.36

During the past 13 years, TTK Prestige's highest Days Sales Outstanding was 51.56. The lowest was 40.86. And the median was 42.92.

NSE:TTKPRESTIG's Days Sales Outstanding is ranked better than
52.73% of 421 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 53.04 vs NSE:TTKPRESTIG: 51.36

TTK Prestige's Days Sales Outstanding declined from Dec. 2022 (57.00) to Dec. 2023 (43.15).

TTK Prestige Days Sales Outstanding Historical Data

The historical data trend for TTK Prestige'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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TTK Prestige Days Sales Outstanding Chart

TTK Prestige Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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49.05

51.56

47.62

41.92

43.91

TTK Prestige 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															57.00	51.63	51.72	43.68	43.15

Competitive Comparison of TTK Prestige's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, TTK Prestige'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.

TTK Prestige's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, TTK Prestige's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where TTK Prestige's Days Sales Outstanding falls into.

TTK Prestige 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.

TTK Prestige'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
=	( (3297.1	+	3330.5)	/	2 )	/	27548.1	*	365
=	3313.8					/	27548.1	*	365
=	43.91

TTK Prestige'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
=	( (3491.9	+	0)	/	1 )	/	7384	*	365 / 4
=	3491.9					/	7384	*	365 / 4
=	43.15

TTK Prestige (NSE:TTKPRESTIG) Days Sales Outstanding Explanation

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

TTK Prestige Days Sales Outstanding Related Terms

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TTK Prestige (NSE:TTKPRESTIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » TTK Prestige Ltd (NSE:TTKPRESTIG) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

517506:India

Address

1/1 & 1/2 Nagarjuna Castle, Wood Street, Richmond Town, Bengaluru, KA, IND, 560025

Website

https://www.ttkprestige.com

TTK Prestige Ltd is an Indian company that sells a variety of kitchen appliances and products. Although it primarily operates and manufactures its products in India, the company also exports its products to the U.S., Europe, South Africa, Kenya, Australia, Singapore, the Middle East, and Sri Lanka. Its kitchen appliances are divided into the Pressure Cookers group, Cookware group, Kitchen group, and Gas Stoves group among others. The majority of the company's revenue is derived from its operations in India. Despite traditionally selling pressure cookers, the company has shifted its model to be a complete kitchen solution provider. The core brands of the company include Prestige, Prestige Smart Kitchen, and others.

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