Cummins India (BOM:500480) Days Sales Outstanding : 83.76 (As of Mar. 2024)

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What is Cummins India Days Sales Outstanding?

Cummins India's average Accounts Receivable for the three months ended in Mar. 2024 was ₹20,854 Mil. Cummins India's Revenue for the three months ended in Mar. 2024 was ₹22,719 Mil. Hence, Cummins India's Days Sales Outstanding for the three months ended in Mar. 2024 was 83.76.

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

BOM:500480' s Days Sales Outstanding Range Over the Past 10 Years
Min: 64.68 Med: 75.14 Max: 95.09
Current: 70.92

During the past 13 years, Cummins India's highest Days Sales Outstanding was 95.09. The lowest was 64.68. And the median was 75.14.

BOM:500480's Days Sales Outstanding is ranked better than
59.62% of 2952 companies
in the Industrial Products industry
Industry Median: 79.815 vs BOM:500480: 70.92

Cummins India's Days Sales Outstanding increased from Mar. 2023 (76.81) to Mar. 2024 (83.76).

Cummins India Days Sales Outstanding Historical Data

The historical data trend for Cummins India'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.

Cummins India Days Sales Outstanding Chart

Cummins India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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87.00

95.09

70.69

68.19

75.85

Cummins India 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															76.81	66.71	71.40	53.87	83.76

Competitive Comparison of Cummins India's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Cummins India'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.

Cummins India's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cummins India's Days Sales Outstanding distribution charts can be found below:

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

Cummins India 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.

Cummins India'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
=	( (15971.2	+	20853.5)	/	2 )	/	88599.9	*	365
=	18412.35					/	88599.9	*	365
=	75.85

Cummins India'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	+	20853.5)	/	1 )	/	22718.8	*	365 / 4
=	20853.5					/	22718.8	*	365 / 4
=	83.76

Cummins India (BOM:500480) Days Sales Outstanding Explanation

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

Cummins India Days Sales Outstanding Related Terms

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Cummins India (BOM:500480) Business Description

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CUMMINSIND:India

Address

Cummins India Office Campus, Tower A, 5th Floor, Survey No. 21, Balewadi, Pune, MH, IND, 411045

Website

https://www.cumminsindia.com

Cummins India Ltd is a group of businesses that design and manufacture service engines and related technologies. The company produces fuel systems, air handling, filtration, emission solutions, and electrical power generation systems in facilities across India. It has three business units: Engine Business, Power Systems Business, and Distribution Business. Its engines power a wide range of systems, including trucks, construction equipment, military components, railways, mining, and power generation applications. In addition, Cummins India provides aftermarket support and expertise to customers in different regions. The revenue is derived from India, but the company exports products to North America, Europe, and other Asian countries.

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