Nova Iron & Steel (BOM:513566) Days Sales Outstanding : 8.39 (As of Dec. 2023)

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What is Nova Iron & Steel Days Sales Outstanding?

Nova Iron & Steel's average Accounts Receivable for the three months ended in Dec. 2023 was ₹104 Mil. Nova Iron & Steel's Revenue for the three months ended in Dec. 2023 was ₹1,131 Mil. Hence, Nova Iron & Steel's Days Sales Outstanding for the three months ended in Dec. 2023 was 8.39.

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

BOM:513566' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.1 Med: 3.27 Max: 5358.06
Current: 3.65

During the past 13 years, Nova Iron & Steel's highest Days Sales Outstanding was 5358.06. The lowest was 0.10. And the median was 3.27.

BOM:513566's Days Sales Outstanding is ranked better than
96.34% of 601 companies
in the Steel industry
Industry Median: 50.01 vs BOM:513566: 3.65

Nova Iron & Steel's Days Sales Outstanding increased from Dec. 2022 (3.60) to Dec. 2023 (8.39).

Nova Iron & Steel Days Sales Outstanding Historical Data

The historical data trend for Nova Iron & Steel'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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Nova Iron & Steel Days Sales Outstanding Chart

Nova Iron & Steel Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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3,923.85

22.50

3.27

1.21

0.38

Nova Iron & Steel 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															3.60	0.42	0.40	7.79	8.39

Competitive Comparison of Nova Iron & Steel's Days Sales Outstanding

For the Steel subindustry, Nova Iron & Steel'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.

Nova Iron & Steel's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Nova Iron & Steel's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Nova Iron & Steel's Days Sales Outstanding falls into.

Nova Iron & Steel 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.

Nova Iron & Steel'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
=	( (6.263	+	8.068)	/	2 )	/	6861.856	*	365
=	7.1655					/	6861.856	*	365
=	0.38

Nova Iron & Steel'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
=	( (104.022	+	0)	/	1 )	/	1131.141	*	365 / 4
=	104.022					/	1131.141	*	365 / 4
=	8.39

Nova Iron & Steel (BOM:513566) Days Sales Outstanding Explanation

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

Nova Iron & Steel Days Sales Outstanding Related Terms

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Nova Iron & Steel (BOM:513566) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Nova Iron & Steel Ltd (BOM:513566) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Village Dagori, Tehsil Belha, Bilaspur, CT, IND, 495224

Website

https://www.novaironsteel.com

Nova Iron & Steel Ltd is an Indian company engaged in the manufacturing and trading of iron and steel, metals, securities and natural resources business. In addition, it is also engaged in trading in commodities.

Nova Iron & Steel (BOM:513566) Headlines

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