Keerthi Industries (BOM:518011) Days Sales Outstanding : 14.58 (As of Jun. 2024)

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What is Keerthi Industries Days Sales Outstanding?

Keerthi Industries's average Accounts Receivable for the three months ended in Jun. 2024 was ₹60 Mil. Keerthi Industries's Revenue for the three months ended in Jun. 2024 was ₹375 Mil. Hence, Keerthi Industries's Days Sales Outstanding for the three months ended in Jun. 2024 was 14.58.

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

BOM:518011' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.96 Med: 6.88 Max: 11.29
Current: 11.29

During the past 13 years, Keerthi Industries's highest Days Sales Outstanding was 11.29. The lowest was 3.96. And the median was 6.88.

BOM:518011's Days Sales Outstanding is ranked better than
94.29% of 385 companies
in the Building Materials industry
Industry Median: 55.48 vs BOM:518011: 11.29

Keerthi Industries's Days Sales Outstanding increased from Jun. 2023 (10.29) to Jun. 2024 (14.58).

Keerthi Industries Days Sales Outstanding Historical Data

The historical data trend for Keerthi 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.

* Premium members only.

Keerthi Industries Days Sales Outstanding Chart

Keerthi Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

Get a 7-Day Free Trial

7.46

6.96

8.45

9.71

10.80

Keerthi Industries Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															10.29	10.02	8.46	10.87	14.58

Competitive Comparison of Keerthi Industries's Days Sales Outstanding

For the Building Materials subindustry, Keerthi 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.

Keerthi Industries's Days Sales Outstanding Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Keerthi Industries's Days Sales Outstanding distribution charts can be found below:

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

Keerthi 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.

Keerthi Industries'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
=	( (65.652	+	59.865)	/	2 )	/	2121.179	*	365
=	62.7585					/	2121.179	*	365
=	10.80

Keerthi Industries's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (59.865	+	0)	/	1 )	/	374.734	*	365 / 4
=	59.865					/	374.734	*	365 / 4
=	14.58

Keerthi Industries (BOM:518011) Days Sales Outstanding Explanation

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

Keerthi Industries Days Sales Outstanding Related Terms

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Keerthi Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Keerthi Industries Ltd (BOM:518011) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Plot Number 40, IDA, Balanagar, Hyderabad, AP, IND, 500037

Website

http://www.keerthiindustries.com

Keerthi Industries Ltd is engaged in the manufacture and sale of cement and clinker in India. The company's segments include Cement Division, Wind Mill, and Electronics Division. It operates a cement plant with an installed capacity of approximately 297,000 tones pa at its plant located at Mellacharuvu village and Mandal, Nalgonda District, State Andhra Pradesh. The company manufactures flexible and rigid printed circuits. The Electronics Division is located at Balanagar, Industrial Development Area, and Hyderabad, India. Majority of its revenue comes from the Cement segment.

Keerthi Industries Headlines

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