Asahi India Glass (BOM:515030) Days Sales Outstanding : 29.66 (As of Mar. 2024)

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What is Asahi India Glass Days Sales Outstanding?

Asahi India Glass's average Accounts Receivable for the three months ended in Mar. 2024 was ₹3,535 Mil. Asahi India Glass's Revenue for the three months ended in Mar. 2024 was ₹10,876 Mil. Hence, Asahi India Glass's Days Sales Outstanding for the three months ended in Mar. 2024 was 29.66.

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

BOM:515030' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.54 Med: 38.34 Max: 52.97
Current: 41.72

During the past 13 years, Asahi India Glass's highest Days Sales Outstanding was 52.97. The lowest was 26.54. And the median was 38.34.

BOM:515030's Days Sales Outstanding is ranked better than
72.96% of 1265 companies
in the Vehicles & Parts industry
Industry Median: 60.04 vs BOM:515030: 41.72

Asahi India Glass's Days Sales Outstanding declined from Dec. 2022 (29.88) to Mar. 2024 (29.66).

Asahi India Glass Days Sales Outstanding Historical Data

The historical data trend for Asahi India Glass'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.

Asahi India Glass Days Sales Outstanding Chart

Asahi India Glass Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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36.91

40.16

29.79

26.54

29.18

Asahi India Glass Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															29.88	28.84	30.97	37.04	29.66

Competitive Comparison of Asahi India Glass's Days Sales Outstanding

For the Auto Parts subindustry, Asahi India Glass'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.

Asahi India Glass's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Asahi India Glass's Days Sales Outstanding distribution charts can be found below:

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

Asahi India Glass 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.

Asahi India Glass'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
=	( (3370.7	+	3535)	/	2 )	/	43197.5	*	365
=	3452.85					/	43197.5	*	365
=	29.18

Asahi India Glass'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	+	3535)	/	1 )	/	10876.3	*	365 / 4
=	3535					/	10876.3	*	365 / 4
=	29.66

Asahi India Glass (BOM:515030) Days Sales Outstanding Explanation

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

Asahi India Glass Days Sales Outstanding Related Terms

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Asahi India Glass (BOM:515030) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Asahi India Glass Ltd (BOM:515030) » Definitions » Days Sales Outstanding

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ASAHIINDIA:India

Address

Mehrauli-Gurgaon Road, Global Business Park, Tower-D, 3rd and 11th Floor, Gurugram, HR, IND, 122 002

Website

https://www.aisglass.com

Asahi India Glass Ltd is a manufacturer of glass products and solutions. The company offers automotive glass products, architectural glass products, windshield repair and replacement services in India, commercial and private-living glass solutions, glass integration and installation services, and special-purpose glass solutions such as noise-cancelling windows, energy-saving windows, and safety glasses. Asahi India Glass' largest business segment by revenue, automotive glass products, produces various glass windshields and integrated products and solutions, such as rain-sensor windshields, heated windshields, and other related products.

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