HDFC Asset Management Co (BOM:541729) Days Sales Outstanding : 12.24 (As of Mar. 2024)

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What is HDFC Asset Management Co Days Sales Outstanding?

HDFC Asset Management Co's average Accounts Receivable for the three months ended in Mar. 2024 was ₹933 Mil. HDFC Asset Management Co's Revenue for the three months ended in Mar. 2024 was ₹6,954 Mil. Hence, HDFC Asset Management Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 12.24.

The historical rank and industry rank for HDFC Asset Management Co's Days Sales Outstanding or its related term are showing as below:

BOM:541729' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.72 Med: 14.55 Max: 23.22
Current: 23.22

During the past 11 years, HDFC Asset Management Co's highest Days Sales Outstanding was 23.22. The lowest was 5.72. And the median was 14.55.

BOM:541729's Days Sales Outstanding is ranked better than
74.02% of 512 companies
in the Asset Management industry
Industry Median: 49.62 vs BOM:541729: 23.22

HDFC Asset Management Co's Days Sales Outstanding declined from Mar. 2023 (30.99) to Mar. 2024 (12.24).

HDFC Asset Management Co Days Sales Outstanding Historical Data

The historical data trend for HDFC Asset Management Co'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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HDFC Asset Management Co Days Sales Outstanding Chart

HDFC Asset Management Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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13.05

13.84

13.32

21.75

19.56

HDFC Asset Management Co 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															30.99	29.18	30.69	29.40	12.24

Competitive Comparison of HDFC Asset Management Co's Days Sales Outstanding

For the Asset Management subindustry, HDFC Asset Management Co'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.

HDFC Asset Management Co's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, HDFC Asset Management Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where HDFC Asset Management Co's Days Sales Outstanding falls into.

HDFC Asset Management Co 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.

HDFC Asset Management Co'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
=	( (1837.4	+	932.7)	/	2 )	/	25843.7	*	365
=	1385.05					/	25843.7	*	365
=	19.56

HDFC Asset Management Co'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	+	932.7)	/	1 )	/	6954.3	*	365 / 4
=	932.7					/	6954.3	*	365 / 4
=	12.24

HDFC Asset Management Co (BOM:541729) Days Sales Outstanding Explanation

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

HDFC Asset Management Co Days Sales Outstanding Related Terms

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HDFC Asset Management Co (BOM:541729) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » HDFC Asset Management Co Ltd (BOM:541729) » Definitions » Days Sales Outstanding

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HDFCAMC:India

Address

H.T. Parekh Marg, HDFC House, 2nd Floor, 165-166, Backbay Reclamation, Churchgate, Mumbai, MH, IND, 400 020

Website

https://www.hdfcfund.com

HDFC Asset Management Co Ltd is an asset management company. The company is in the business of providing asset management services to HDFC Mutual Fund and portfolio management and advisory services to clients. Geographically, it derives a majority of revenue from within India.

HDFC Asset Management Co (BOM:541729) Headlines

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