Welspun Specialty Solutions (BOM:500365) Days Sales Outstanding : 29.27 (As of Mar. 2024)

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What is Welspun Specialty Solutions Days Sales Outstanding?

Welspun Specialty Solutions's average Accounts Receivable for the three months ended in Mar. 2024 was ₹485 Mil. Welspun Specialty Solutions's Revenue for the three months ended in Mar. 2024 was ₹1,513 Mil. Hence, Welspun Specialty Solutions's Days Sales Outstanding for the three months ended in Mar. 2024 was 29.27.

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

BOM:500365' s Days Sales Outstanding Range Over the Past 10 Years
Min: 23.54 Med: 56.59 Max: 97.15
Current: 24.21

During the past 13 years, Welspun Specialty Solutions's highest Days Sales Outstanding was 97.15. The lowest was 23.54. And the median was 56.59.

BOM:500365's Days Sales Outstanding is ranked better than
77.35% of 596 companies
in the Steel industry
Industry Median: 48.985 vs BOM:500365: 24.21

Welspun Specialty Solutions's Days Sales Outstanding increased from Mar. 2023 (27.36) to Mar. 2024 (29.27).

Welspun Specialty Solutions Days Sales Outstanding Historical Data

The historical data trend for Welspun Specialty Solutions'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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Welspun Specialty Solutions Days Sales Outstanding Chart

Welspun Specialty Solutions Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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50.48

39.94

29.86

24.74

23.54

Welspun Specialty Solutions 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															27.36	23.16	21.42	25.47	29.27

Competitive Comparison of Welspun Specialty Solutions's Days Sales Outstanding

For the Steel subindustry, Welspun Specialty Solutions'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.

Welspun Specialty Solutions's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Welspun Specialty Solutions's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Welspun Specialty Solutions's Days Sales Outstanding falls into.

Welspun Specialty Solutions 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.

Welspun Specialty Solutions'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
=	( (413.2	+	485.3)	/	2 )	/	6966.7	*	365
=	449.25					/	6966.7	*	365
=	23.54

Welspun Specialty Solutions'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	+	485.3)	/	1 )	/	1512.7	*	365 / 4
=	485.3					/	1512.7	*	365 / 4
=	29.27

Welspun Specialty Solutions (BOM:500365) Days Sales Outstanding Explanation

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

Welspun Specialty Solutions Days Sales Outstanding Related Terms

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Welspun Specialty Solutions (BOM:500365) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Welspun Specialty Solutions Ltd (BOM:500365) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Senapati Bapat Marg, Kamala Mills Compound, 5th Floor, Welspun House, Lower Parel (West), Mumbai, MH, IND, 400013

Website

https://www.welspunspecialty.com

Welspun Specialty Solutions Ltd is engaged in the manufacturing of alloy and stainless steel products. The firm serves various industries such as automotive energy, defense, nuclear power, and aerospace. The company's business is predominantly confined to India.

Welspun Specialty Solutions (BOM:500365) Headlines

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