Mahindra & Mahindra (Mahindra & Mahindra) Days Sales Outstanding : 21.20 (As of Sep. 2023)

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What is Mahindra & Mahindra Days Sales Outstanding?

Mahindra & Mahindra's average Accounts Receivable for the six months ended in Sep. 2023 was $947 Mil. Mahindra & Mahindra's Revenue for the six months ended in Sep. 2023 was $8,148 Mil. Hence, Mahindra & Mahindra's Days Sales Outstanding for the six months ended in Sep. 2023 was 21.20.

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

MAHMF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.37 Med: 29.76 Max: 38.07
Current: 21.92

During the past 13 years, Mahindra & Mahindra's highest Days Sales Outstanding was 38.07. The lowest was 20.37. And the median was 29.76.

MAHMF's Days Sales Outstanding is ranked better than
84.88% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 60.715 vs MAHMF: 21.92

Mahindra & Mahindra's Days Sales Outstanding declined from Sep. 2022 (22.53) to Sep. 2023 (21.20).

Mahindra & Mahindra Days Sales Outstanding Historical Data

The historical data trend for Mahindra & Mahindra'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.

* Premium members only.

Mahindra & Mahindra Days Sales Outstanding Chart

Mahindra & Mahindra Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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31.44

39.61

31.82

25.88

21.14

Mahindra & Mahindra Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															29.09	25.32	22.53	21.99	21.20

Competitive Comparison of Mahindra & Mahindra's Days Sales Outstanding

For the Auto Manufacturers subindustry, Mahindra & Mahindra'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.

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

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

* The bar in red indicates where Mahindra & Mahindra's Days Sales Outstanding falls into.

Mahindra & Mahindra 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.

Mahindra & Mahindra'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
=	( (836.591	+	854.299)	/	2 )	/	14597.951	*	365
=	845.445					/	14597.951	*	365
=	21.14

Mahindra & Mahindra's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (854.299	+	1039.066)	/	2 )	/	8148.265	*	365 / 2
=	946.6825					/	8148.265	*	365 / 2
=	21.20

Mahindra & Mahindra (OTCPK:MAHMF) Days Sales Outstanding Explanation

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

Mahindra & Mahindra Days Sales Outstanding Related Terms

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Mahindra & Mahindra (Mahindra & Mahindra) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mahindra & Mahindra Ltd (OTCPK:MAHMF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

M&M:India 500520:India MHIDl:UK MHID:UK MOM:Germany

Address

Dr. G. M. Bhosale Marg, Mahindra Towers, 5th Floor, Worli, Mumbai, MH, IND, 400 018

Website

https://www.mahindra.com

Mahindra & Mahindra Ltd is a holding company. The company's segment includes Automotive; Farm Equipment and others. It generates maximum revenue from the Automotive segment. The Automotive segment comprises of sale of automobiles, spares, mobility solutions, construction equipments, and related services. Geographically, it derives a majority of revenue from India.