Avanti Feeds (NSE:AVANTIFEED) Days Sales Outstanding

: 7.48 (As of Dec. 2023)

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Avanti Feeds's average Accounts Receivable for the three months ended in Dec. 2023 was ₹1,027 Mil. Avanti Feeds's Revenue for the three months ended in Dec. 2023 was ₹12,532 Mil. Hence, Avanti Feeds's Days Sales Outstanding for the three months ended in Dec. 2023 was 7.48.

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

NSE:AVANTIFEED' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.01 Med: 6.43 Max: 13.9
Current: 9.64

During the past 13 years, Avanti Feeds's highest Days Sales Outstanding was 13.90. The lowest was 4.01. And the median was 6.43.

NSE:AVANTIFEED's Days Sales Outstanding is ranked better than
90.74% of 1835 companies
in the Consumer Packaged Goods industry
Industry Median: 39.02 vs NSE:AVANTIFEED: 9.64

Avanti Feeds's Days Sales Outstanding declined from Dec. 2022 (15.10) to Dec. 2023 (7.48).

Avanti Feeds Days Sales Outstanding Historical Data

The historical data trend for Avanti Feeds'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.

Avanti Feeds Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

5.26

6.21

6.96

6.60

8.52

Avanti Feeds 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																15.10	10.63	7.13	7.33	7.48

Competitive Comparison

For the Packaged Foods subindustry, Avanti Feeds'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.

Avanti Feeds Days Sales Outstanding Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Avanti Feeds's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Avanti Feeds's Days Sales Outstanding falls into.

Avanti Feeds 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.

Avanti Feeds'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
=	( (1136.195	+	1214.514)	/	2 )	/	50368.515	*	365
=	1175.3545					/	50368.515	*	365
=	8.52

Avanti Feeds'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
=	( (1026.865	+	0)	/	1 )	/	12532.344	*	365 / 4
=	1026.865					/	12532.344	*	365 / 4
=	7.48

Avanti Feeds (NSE:AVANTIFEED) Days Sales Outstanding Explanation

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

Avanti Feeds Days Sales Outstanding Related Terms

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Avanti Feeds (NSE:AVANTIFEED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Avanti Feeds Ltd (NSE:AVANTIFEED) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

512573:India

Address

G-2, Concorde Apartments, 6-3-658, Somajiguda, Hyderabad, TG, IND, 500082

Website

https://www.avantifeeds.com

Avanti Feeds Ltd is an Indian company which is engaged in the manufacturing of prawn and fish feeds and shrimp processor. The company's operating segments include Shrimp Feed, Shrimp Hatchery and Wind Mills. It generates maximum revenue from the Shrimp Feed segment. Geographically, it derives a majority of its revenue from India and also has a presence in the USA and the Rest of the world. Its product includes prawn feed, scampi feed, and fish feed.

Avanti Feeds (NSE:AVANTIFEED) Headlines

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