Munjal Showa (BOM:520043) Days Sales Outstanding : 59.53 (As of Dec. 2023)

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What is Munjal Showa Days Sales Outstanding?

Munjal Showa's average Accounts Receivable for the three months ended in Dec. 2023 was ₹1,979 Mil. Munjal Showa's Revenue for the three months ended in Dec. 2023 was ₹3,033 Mil. Hence, Munjal Showa's Days Sales Outstanding for the three months ended in Dec. 2023 was 59.53.

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

BOM:520043' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.37 Med: 49.64 Max: 63.5
Current: 61.17

During the past 13 years, Munjal Showa's highest Days Sales Outstanding was 63.50. The lowest was 36.37. And the median was 49.64.

BOM:520043's Days Sales Outstanding is ranked worse than
50.47% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 60.785 vs BOM:520043: 61.17

Munjal Showa's Days Sales Outstanding increased from Dec. 2022 (58.65) to Dec. 2023 (59.53).

Munjal Showa Days Sales Outstanding Historical Data

The historical data trend for Munjal Showa'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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Munjal Showa Days Sales Outstanding Chart

Munjal Showa Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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49.33

48.45

57.01

63.50

53.77

Munjal Showa 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															58.65	60.23	61.29	62.86	59.53

Competitive Comparison of Munjal Showa's Days Sales Outstanding

For the Auto Parts subindustry, Munjal Showa'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.

Munjal Showa's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Munjal Showa's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Munjal Showa's Days Sales Outstanding falls into.

Munjal Showa 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.

Munjal Showa'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
=	( (1704.121	+	1933.382)	/	2 )	/	12345.852	*	365
=	1818.7515					/	12345.852	*	365
=	53.77

Munjal Showa'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
=	( (1978.754	+	0)	/	1 )	/	3033.15	*	365 / 4
=	1978.754					/	3033.15	*	365 / 4
=	59.53

Munjal Showa (BOM:520043) Days Sales Outstanding Explanation

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

Munjal Showa Days Sales Outstanding Related Terms

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Munjal Showa (BOM:520043) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Munjal Showa Ltd (BOM:520043) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

MUNJALSHOW:India

Address

9-11, Maruti Industrial Area, Sector 18, Gurugram, HR, IND, 122 015

Website

https://www.munjalshowa.net

Munjal Showa Ltd operates as an ancillary and manufactures auto components for the two-wheeler and four-wheeler industry. The company's primary products are front forks, shock absorbers, struts, gas springs, and window balancers. Geographically, it derives a majority of revenue from India. It operates in the Auto Components segment.

Munjal Showa (BOM:520043) Headlines

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