Magna Electro Castings (BOM:517449) Days Sales Outstanding : 100.06 (As of Sep. 2024)

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What is Magna Electro Castings Days Sales Outstanding?

Magna Electro Castings's average Accounts Receivable for the three months ended in Sep. 2024 was ₹500 Mil. Magna Electro Castings's Revenue for the three months ended in Sep. 2024 was ₹456 Mil. Hence, Magna Electro Castings's Days Sales Outstanding for the three months ended in Sep. 2024 was 100.06.

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

BOM:517449' s Days Sales Outstanding Range Over the Past 10 Years
Min: 80.63 Med: 92.79 Max: 106.8
Current: 100.91

During the past 13 years, Magna Electro Castings's highest Days Sales Outstanding was 106.80. The lowest was 80.63. And the median was 92.79.

BOM:517449's Days Sales Outstanding is ranked worse than
65.11% of 2952 companies
in the Industrial Products industry
Industry Median: 80.12 vs BOM:517449: 100.91

Magna Electro Castings's Days Sales Outstanding declined from Sep. 2023 (106.48) to Sep. 2024 (100.06).

Magna Electro Castings Days Sales Outstanding Historical Data

The historical data trend for Magna Electro Castings'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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Magna Electro Castings Days Sales Outstanding Chart

Magna Electro Castings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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106.80

100.48

93.53

87.93

96.95

Magna Electro Castings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															106.48	111.51	100.43	78.80	100.06

Competitive Comparison of Magna Electro Castings's Days Sales Outstanding

For the Metal Fabrication subindustry, Magna Electro Castings'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.

Magna Electro Castings's Days Sales Outstanding Distribution in the Industrial Products Industry

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

* The bar in red indicates where Magna Electro Castings's Days Sales Outstanding falls into.

Magna Electro Castings 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.

Magna Electro Castings'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
=	( (381.95	+	364.108)	/	2 )	/	1404.354	*	365
=	373.029					/	1404.354	*	365
=	96.95

Magna Electro Castings's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (0	+	500.437)	/	1 )	/	456.359	*	365 / 4
=	500.437					/	456.359	*	365 / 4
=	100.06

Magna Electro Castings (BOM:517449) Days Sales Outstanding Explanation

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

Magna Electro Castings Days Sales Outstanding Related Terms

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Magna Electro Castings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Magna Electro Castings Ltd (BOM:517449) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

43, Balasundaram Road, Coimbatore, TN, IND, 641018

Website

https://www.magnacast.com

Magna Electro Castings Ltd is engaged in manufacturing and supplying ferrous components in small and medium volumes. The company specializes in the manufacture of Ductile Iron and Gray Iron castings including Grey Iron, SG (spheroidal graphite) iron, and other iron alloy castings-machined and unmachined steel components. The company also produces fully machined components. The company has the following divisions; the Foundry division; the Wind Energy Generation division; and the Solar Energy division. The company earns the majority of its revenue from the Foundry division.

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