Bajaj Steel Industries (BOM:507944) Days Sales Outstanding : 39.45 (As of Dec. 2023)

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What is Bajaj Steel Industries Days Sales Outstanding?

Bajaj Steel Industries's average Accounts Receivable for the three months ended in Dec. 2023 was ₹544 Mil. Bajaj Steel Industries's Revenue for the three months ended in Dec. 2023 was ₹1,259 Mil. Hence, Bajaj Steel Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 39.45.

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

BOM:507944' s Days Sales Outstanding Range Over the Past 10 Years
Min: 23 Med: 48.98 Max: 68.04
Current: 37.09

During the past 13 years, Bajaj Steel Industries's highest Days Sales Outstanding was 68.04. The lowest was 23.00. And the median was 48.98.

BOM:507944's Days Sales Outstanding is ranked better than
91.45% of 2958 companies
in the Industrial Products industry
Industry Median: 79.61 vs BOM:507944: 37.09

Bajaj Steel Industries's Days Sales Outstanding increased from Dec. 2022 (29.28) to Dec. 2023 (39.45).

Bajaj Steel Industries Days Sales Outstanding Historical Data

The historical data trend for Bajaj Steel Industries'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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Bajaj Steel Industries Days Sales Outstanding Chart

Bajaj Steel Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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51.02

47.71

43.36

38.99

23.00

Bajaj Steel Industries 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															29.28	35.17	39.38	32.41	39.45

Competitive Comparison of Bajaj Steel Industries's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Bajaj Steel Industries'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.

Bajaj Steel Industries's Days Sales Outstanding Distribution in the Industrial Products Industry

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

* The bar in red indicates where Bajaj Steel Industries's Days Sales Outstanding falls into.

Bajaj Steel Industries 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.

Bajaj Steel Industries'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
=	( (234.696	+	422.978)	/	2 )	/	5218.949	*	365
=	328.837					/	5218.949	*	365
=	23.00

Bajaj Steel Industries'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
=	( (544.13	+	0)	/	1 )	/	1258.641	*	365 / 4
=	544.13					/	1258.641	*	365 / 4
=	39.45

Bajaj Steel Industries (BOM:507944) Days Sales Outstanding Explanation

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

Bajaj Steel Industries Days Sales Outstanding Related Terms

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Bajaj Steel Industries (BOM:507944) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bajaj Steel Industries Ltd (BOM:507944) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

Plot No. C-108, MIDC Industrial Area, Hingna, Nagpur, MH, IND, 440 028

Website

https://www.bajajngp.com

Bajaj Steel Industries Ltd is engaged in the manufacturing of Cotton ginning and Pressing Machineries, Prefabricated building structure, components, and allied products. Its operating segment includes the Steel Division and Plastic Division. The company generates maximum revenue from the Steel Division segment. It manufactures product such as Cotton Ginning and Pressing Machinery, Cotton Cleaning, Cotton Conveying, Cotton Humidification Systems, Cotton Baling Presses, Cotton Seed Processing, Pre-engineered Buildings, Electrical Control Panels, Fire Fighting Systems, Hydraulic Cylinder, Power packs, Specialty Conveyors and Master Batches and others.

Bajaj Steel Industries (BOM:507944) Headlines

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