Force Motors (BOM:500033) Days Sales Outstanding : 4.72 (As of Mar. 2024)

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What is Force Motors Days Sales Outstanding?

Force Motors's average Accounts Receivable for the three months ended in Mar. 2024 was ₹1,041 Mil. Force Motors's Revenue for the three months ended in Mar. 2024 was ₹20,112 Mil. Hence, Force Motors's Days Sales Outstanding for the three months ended in Mar. 2024 was 4.72.

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

BOM:500033' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.81 Med: 18.41 Max: 27.56
Current: 7.81

During the past 13 years, Force Motors's highest Days Sales Outstanding was 27.56. The lowest was 7.81. And the median was 18.41.

BOM:500033's Days Sales Outstanding is ranked better than
95.58% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 60.13 vs BOM:500033: 7.81

Force Motors's Days Sales Outstanding declined from Mar. 2023 (12.05) to Mar. 2024 (4.72).

Force Motors Days Sales Outstanding Historical Data

The historical data trend for Force Motors'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.

Force Motors Days Sales Outstanding Chart

Force Motors Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

Get a 7-Day Free Trial

20.04

27.56

17.76

14.02

7.85

Force Motors Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															12.05	12.07	7.49	7.98	4.72

Competitive Comparison of Force Motors's Days Sales Outstanding

For the Auto Manufacturers subindustry, Force Motors'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.

Force Motors's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Force Motors's Days Sales Outstanding distribution charts can be found below:

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

Force Motors 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.

Force Motors's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (1968.4	+	1040.6)	/	2 )	/	69921.3	*	365
=	1504.5					/	69921.3	*	365
=	7.85

Force Motors's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (0	+	1040.6)	/	1 )	/	20112.1	*	365 / 4
=	1040.6					/	20112.1	*	365 / 4
=	4.72

Force Motors (BOM:500033) Days Sales Outstanding Explanation

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

Force Motors Days Sales Outstanding Related Terms

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Force Motors (BOM:500033) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Force Motors Ltd (BOM:500033) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mumbai-Pune Road, Akurdi, Pune, MH, IND, 411 035

Website

https://www.forcemotors.com

Force Motors Ltd is an automobile manufacturing company domiciled in India. The company principally manufactures small commercial vehicles, including cargo transportation; light commercial vehicles, such as buses and vans; multi-utility vehicles; sports utility vehicles; and agricultural tractors. In addition to vehicle manufacturing operations, Force Motors manufactures products related to the automobile industry, such as diesel engines. Production is largely sold domestically, and the company's manufacturing operations are conducted in domestic plants.

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