Reliance Industries (NSE:RELIANCE) Days Sales Outstanding

: 14.97 (As of Dec. 2023)

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Reliance Industries's average Accounts Receivable for the three months ended in Dec. 2023 was ₹369,360 Mil. Reliance Industries's Revenue for the three months ended in Dec. 2023 was ₹2,250,860 Mil. Hence, Reliance Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 14.97.

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

NSE:RELIANCE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.24 Med: 10.97 Max: 15.28
Current: 12.63

During the past 13 years, Reliance Industries's highest Days Sales Outstanding was 15.28. The lowest was 6.24. And the median was 10.97.

NSE:RELIANCE's Days Sales Outstanding is ranked better than
90.68% of 933 companies
in the Oil & Gas industry
Industry Median: 48.81 vs NSE:RELIANCE: 12.63

Reliance Industries's Days Sales Outstanding increased from Dec. 2022 (10.88) to Dec. 2023 (14.97).

Reliance Industries Days Sales Outstanding Historical Data

The historical data trend for Reliance Industries'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.

Reliance Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

15.28

15.19

15.11

11.12

10.81

Reliance Industries 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																10.88	12.11	12.51	14.53	14.97

Competitive Comparison

For the Oil & Gas Refining & Marketing subindustry, Reliance Industries'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.

Reliance Industries Days Sales Outstanding Distribution

For the Oil & Gas industry and Energy sector, Reliance Industries's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Reliance Industries's Days Sales Outstanding falls into.

Reliance Industries 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.

Reliance Industries'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
=	( (236400	+	284510)	/	2 )	/	8794680	*	365
=	260455					/	8794680	*	365
=	10.81

Reliance Industries'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
=	( (369360	+	0)	/	1 )	/	2250860	*	365 / 4
=	369360					/	2250860	*	365 / 4
=	14.97

Reliance Industries (NSE:RELIANCE) Days Sales Outstanding Explanation

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

Reliance Industries Days Sales Outstanding Related Terms

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Reliance Industries (NSE:RELIANCE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Reliance Industries Ltd (NSE:RELIANCE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

500325:India RIGDl:UK RIGD:UK RLI:Germany

Address

222, Nariman Point, 3rd Floor, Maker Chambers IV, Mumbai, MH, IND, 400021

Website

https://www.ril.com

Reliance Industries Ltd is engaged in hydrocarbon exploration and production, refining and marketing, petrochemicals, financial services, retail, and communications. The Group has five principal operating and reporting segments: Oil To Chemicals (O2C), Oil and Gas, Retail, Digital Services and Financial Services. Located in west India, Reliance's refineries produce a range of petroleum products that find use as fuel variants, feedstock, and fuel for power and cement plants. Fuels produced in refineries are exported to several countries and can be processed into any grade of gasoline or diesel. The Oil to Chemicals segment that derives the majority revenue includes Refining, Petrochemicals, fuel retailing through Reliance BP Mobility Limited, aviation fuel, and bulk wholesale marketing.

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