Indbank Merchant Banking Services (BOM:511473) Days Sales Outstanding : 43.46 (As of Mar. 2024)

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What is Indbank Merchant Banking Services Days Sales Outstanding?

Indbank Merchant Banking Services's average Accounts Receivable for the three months ended in Mar. 2024 was ₹45.8 Mil. Indbank Merchant Banking Services's Revenue for the three months ended in Mar. 2024 was ₹96.2 Mil. Hence, Indbank Merchant Banking Services's Days Sales Outstanding for the three months ended in Mar. 2024 was 43.46.

The historical rank and industry rank for Indbank Merchant Banking Services's Days Sales Outstanding or its related term are showing as below:

BOM:511473' s Days Sales Outstanding Range Over the Past 10 Years
Min: 56.25 Med: 164.63 Max: 353.29
Current: 56.25

During the past 13 years, Indbank Merchant Banking Services's highest Days Sales Outstanding was 353.29. The lowest was 56.25. And the median was 164.63.

BOM:511473's Days Sales Outstanding is ranked better than
51.78% of 562 companies
in the Capital Markets industry
Industry Median: 62.61 vs BOM:511473: 56.25

Indbank Merchant Banking Services's Days Sales Outstanding declined from Mar. 2023 (53.23) to Mar. 2024 (43.46).

Indbank Merchant Banking Services Days Sales Outstanding Historical Data

The historical data trend for Indbank Merchant Banking Services'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.

Indbank Merchant Banking Services Days Sales Outstanding Chart

Indbank Merchant Banking Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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128.43

62.64

67.89

71.58

66.98

Indbank Merchant Banking Services 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															53.23	72.97	49.34	57.63	43.46

Competitive Comparison of Indbank Merchant Banking Services's Days Sales Outstanding

For the Capital Markets subindustry, Indbank Merchant Banking Services'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.

Indbank Merchant Banking Services's Days Sales Outstanding Distribution in the Capital Markets Industry

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

* The bar in red indicates where Indbank Merchant Banking Services's Days Sales Outstanding falls into.

Indbank Merchant Banking Services 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.

Indbank Merchant Banking Services'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
=	( (41.221	+	45.824)	/	2 )	/	237.18	*	365
=	43.5225					/	237.18	*	365
=	66.98

Indbank Merchant Banking Services'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	+	45.824)	/	1 )	/	96.22	*	365 / 4
=	45.824					/	96.22	*	365 / 4
=	43.46

Indbank Merchant Banking Services (BOM:511473) Days Sales Outstanding Explanation

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

Indbank Merchant Banking Services Days Sales Outstanding Related Terms

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Indbank Merchant Banking Services (BOM:511473) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Indbank Merchant Banking Services Ltd (BOM:511473) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

INDBANK:India

Address

Number 480, Anna Salai, First Floor, Khivraj Complex 1, Nandanam, Chennai, TN, IND, 600 035

Website

https://www.indbankonline.com

Indbank Merchant Banking Services Ltd is an India based company engaged in merchant banking activities. It is involved in providing fee-based services which include operations like merchant banking, stock broking, depository participant services, distribution of financial products and allied activities. The company carries its operations in India and generates the majority of the revenue from the stock broking membership operations.

Indbank Merchant Banking Services (BOM:511473) Headlines

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