VLS Finance (NSE:VLSFINANCE) Days Sales Outstanding : 11.74 (As of Dec. 2023)

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What is VLS Finance Days Sales Outstanding?

VLS Finance's average Accounts Receivable for the three months ended in Dec. 2023 was ₹7.1 Mil. VLS Finance's Revenue for the three months ended in Dec. 2023 was ₹55.0 Mil. Hence, VLS Finance's Days Sales Outstanding for the three months ended in Dec. 2023 was 11.74.

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

NSE:VLSFINANCE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.37 Med: 0.81 Max: 146.54
Current: 146.54

During the past 13 years, VLS Finance's highest Days Sales Outstanding was 146.54. The lowest was 0.37. And the median was 0.81.

NSE:VLSFINANCE's Days Sales Outstanding is ranked worse than
69% of 558 companies
in the Capital Markets industry
Industry Median: 62.115 vs NSE:VLSFINANCE: 146.54

VLS Finance's Days Sales Outstanding declined from Dec. 2022 (394.73) to Dec. 2023 (11.74).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

VLS Finance Days Sales Outstanding Historical Data

The historical data trend for VLS Finance'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.

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VLS Finance Days Sales Outstanding Chart

VLS Finance Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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0.44

0.37

66.64

20.62

135.42

VLS Finance 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															394.73	276.26	267.62	5.10	11.74

Competitive Comparison of VLS Finance's Days Sales Outstanding

For the Capital Markets subindustry, VLS Finance'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.

VLS Finance's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, VLS Finance's Days Sales Outstanding distribution charts can be found below:

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

VLS Finance 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.

VLS Finance'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
=	( (11.994	+	183.447)	/	2 )	/	263.388	*	365
=	97.7205					/	263.388	*	365
=	135.42

VLS Finance'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
=	( (7.079	+	0)	/	1 )	/	55.037	*	365 / 4
=	7.079					/	55.037	*	365 / 4
=	11.74

VLS Finance (NSE:VLSFINANCE) Days Sales Outstanding Explanation

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

VLS Finance Days Sales Outstanding Related Terms

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VLS Finance (NSE:VLSFINANCE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » VLS Finance Ltd (NSE:VLSFINANCE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

511333:India

Address

90, Okhla Industrial Estate, First Floor, Phase III, New Delhi, IND, 110020

Website

https://www.vlsfinance.com

VLS Finance Ltd is engaged in the finance business. It offers investment banking, structured finance, corporate consulting, stockbroking, privatization, and equity research services. The company also provides consulting and advisory services. It generates revenue from Interest Income; Dividend Income and others.

VLS Finance (NSE:VLSFINANCE) Headlines

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