IRCON International (NSE:IRCON) Days Sales Outstanding : 26.67 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is IRCON International Days Sales Outstanding?

IRCON International's average Accounts Receivable for the three months ended in Dec. 2023 was ₹8,431 Mil. IRCON International's Revenue for the three months ended in Dec. 2023 was ₹28,842 Mil. Hence, IRCON International's Days Sales Outstanding for the three months ended in Dec. 2023 was 26.67.

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

NSE:IRCON' s Days Sales Outstanding Range Over the Past 10 Years
Min: 23.6 Med: 57.54 Max: 74.17
Current: 23.6

During the past 11 years, IRCON International's highest Days Sales Outstanding was 74.17. The lowest was 23.60. And the median was 57.54.

NSE:IRCON's Days Sales Outstanding is ranked better than
92.57% of 1642 companies
in the Construction industry
Industry Median: 72.53 vs NSE:IRCON: 23.60

IRCON International's Days Sales Outstanding declined from Dec. 2022 (26.77) to Dec. 2023 (26.67).

IRCON International Days Sales Outstanding Historical Data

The historical data trend for IRCON International'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.

IRCON International Days Sales Outstanding Chart

IRCON International Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

55.83

41.33

40.47

32.89

27.50

IRCON International 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															26.77	20.96	29.01	25.76	26.67

Competitive Comparison of IRCON International's Days Sales Outstanding

For the Engineering & Construction subindustry, IRCON International'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.

IRCON International's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, IRCON International's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where IRCON International's Days Sales Outstanding falls into.

IRCON International 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.

IRCON International'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
=	( (6951.9	+	8638.3)	/	2 )	/	103472.8	*	365
=	7795.1					/	103472.8	*	365
=	27.50

IRCON International'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
=	( (8430.9	+	0)	/	1 )	/	28842.2	*	365 / 4
=	8430.9					/	28842.2	*	365 / 4
=	26.67

IRCON International (NSE:IRCON) Days Sales Outstanding Explanation

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

IRCON International Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of IRCON International's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

IRCON International (NSE:IRCON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » IRCON International Ltd (NSE:IRCON) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

541956:India

Address

Plot No. C-4, District Centre, Saket, New Delhi, IND, 110017

Website

https://www.ircon.org

IRCON International Ltd is an India based integrated engineering and construction company. It specializes in infrastructure projects including railways, highways, bridges, flyovers, tunnels, aircraft maintenance hangars, runways, electrical and mechanical works, commercial and residential properties, development of industrial areas, and other infrastructure activities. It derives the majority of the revenue from the Railways sector. Geographically, it derives a majority of revenue from India.

IRCON International (NSE:IRCON) Headlines

No Headlines