Wealth First Portfolio Managers (NSE:WEALTH) Days Sales Outstanding : 1.10 (As of Dec. 2023)

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What is Wealth First Portfolio Managers Days Sales Outstanding?

Wealth First Portfolio Managers's average Accounts Receivable for the three months ended in Dec. 2023 was ₹29 Mil. Wealth First Portfolio Managers's Revenue for the three months ended in Dec. 2023 was ₹2,380 Mil. Hence, Wealth First Portfolio Managers's Days Sales Outstanding for the three months ended in Dec. 2023 was 1.10.

The historical rank and industry rank for Wealth First Portfolio Managers's Days Sales Outstanding or its related term are showing as below:

NSE:WEALTH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.6 Med: 1.79 Max: 3.14
Current: 2.11

During the past 9 years, Wealth First Portfolio Managers's highest Days Sales Outstanding was 3.14. The lowest was 0.60. And the median was 1.79.

NSE:WEALTH's Days Sales Outstanding is ranked better than
92.9% of 563 companies
in the Capital Markets industry
Industry Median: 63.82 vs NSE:WEALTH: 2.11

Wealth First Portfolio Managers's Days Sales Outstanding declined from Dec. 2022 (4.36) to Dec. 2023 (1.10).

Wealth First Portfolio Managers Days Sales Outstanding Historical Data

The historical data trend for Wealth First Portfolio Managers'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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Wealth First Portfolio Managers Days Sales Outstanding Chart

Wealth First Portfolio Managers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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2.72

1.76

0.61

0.60

3.14

Wealth First Portfolio Managers Quarterly Data
	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															4.36	4.54	3.57	1.18	1.10

Competitive Comparison of Wealth First Portfolio Managers's Days Sales Outstanding

For the Capital Markets subindustry, Wealth First Portfolio Managers'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.

Wealth First Portfolio Managers's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Wealth First Portfolio Managers's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Wealth First Portfolio Managers's Days Sales Outstanding falls into.

Wealth First Portfolio Managers 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.

Wealth First Portfolio Managers'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
=	( (33.543	+	33.585)	/	2 )	/	3895.849	*	365
=	33.564					/	3895.849	*	365
=	3.14

Wealth First Portfolio Managers'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
=	( (28.78	+	0)	/	1 )	/	2379.953	*	365 / 4
=	28.78					/	2379.953	*	365 / 4
=	1.10

Wealth First Portfolio Managers (NSE:WEALTH) Days Sales Outstanding Explanation

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

Wealth First Portfolio Managers Days Sales Outstanding Related Terms

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Wealth First Portfolio Managers (NSE:WEALTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Wealth First Portfolio Managers Ltd (NSE:WEALTH) » Definitions » Days Sales Outstanding

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Address

Near Prahaladnagar Garden, Off S.G. Highway, Capitol House, 10 Paras-II, Anandnagar, Near Campus Corner, Ahmedabad, GJ, IND, 380015

Website

https://www.wealth-firstonline.com

Wealth First Portfolio Managers Ltd is a financial service provider for various types of financial products available in the Indian market. The company offers research for products that deliver compatible performance in terms of yield. The product portfolio of the company consists of government bonds and securities, direct equity, cash management services, derivative products, mutual funds, insurance products, commodities, and market-making services. The mutual fund brokerage generates maximum revenue for the company. It offers its services only to the Indian market.

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