GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vedanta Ltd (NSE:VEDL) » Definitions » Days Sales Outstanding

Vedanta (NSE:VEDL) Days Sales Outstanding : 10.10 (As of Dec. 2023)


View and export this data going back to 1998. Start your Free Trial

What is Vedanta Days Sales Outstanding?

Vedanta's average Accounts Receivable for the three months ended in Dec. 2023 was ₹38,710 Mil. Vedanta's Revenue for the three months ended in Dec. 2023 was ₹349,680 Mil. Hence, Vedanta's Days Sales Outstanding for the three months ended in Dec. 2023 was 10.10.

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

NSE:VEDL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.77   Med: 12.42   Max: 21.11
Current: 9.77

During the past 13 years, Vedanta's highest Days Sales Outstanding was 21.11. The lowest was 9.77. And the median was 12.42.

NSE:VEDL's Days Sales Outstanding is ranked better than
82.51% of 789 companies
in the Metals & Mining industry
Industry Median: 41.95 vs NSE:VEDL: 9.77

Vedanta's Days Sales Outstanding increased from Dec. 2022 (9.98) to Dec. 2023 (10.10).


Vedanta Days Sales Outstanding Historical Data

The historical data trend for Vedanta'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.

Vedanta Days Sales Outstanding Chart

Vedanta Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.35 14.58 12.90 11.67 11.25

Vedanta 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.98 9.84 10.99 9.16 10.10

Competitive Comparison of Vedanta's Days Sales Outstanding

For the Other Industrial Metals & Mining subindustry, Vedanta'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.


Vedanta's Days Sales Outstanding Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Vedanta's Days Sales Outstanding distribution charts can be found below:

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



Vedanta 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.

Vedanta'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
=( (49460 + 40140) / 2 ) / 1454040*365
=44800 / 1454040*365
=11.25

Vedanta'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
=( (38710 + 0) / 1 ) / 349680*365 / 4
=38710 / 349680*365 / 4
=10.10

* 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.


Vedanta  (NSE:VEDL) Days Sales Outstanding Explanation

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


Vedanta Days Sales Outstanding Related Terms

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


Vedanta (NSE:VEDL) Business Description

Traded in Other Exchanges
Address
Unit 103, Corporate Avenue, 1st Floor, C Wing, Atul Projects, Chakala, Andheri (East), Mumbai, MH, IND, 400093
Vedanta Ltd is a diversified natural resource company engaged in exploring, extracting and processing minerals and oil and gas. It focused on zinc, lead, silver, aluminium, copper, iron ore, oil and gas, and commercial power. The company has operations across India, South Africa, Namibia, Ireland, and Australia. The company has five reportable segments: oil and gas, aluminium, copper, iron ore and power. It derives the majority of revenue from the aluminium segment.