Nahar Industrial Enterprises (BOM:519136) Days Sales Outstanding : 39.42 (As of Mar. 2024)

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What is Nahar Industrial Enterprises Days Sales Outstanding?

Nahar Industrial Enterprises's average Accounts Receivable for the three months ended in Mar. 2024 was ₹1,602 Mil. Nahar Industrial Enterprises's Revenue for the three months ended in Mar. 2024 was ₹3,709 Mil. Hence, Nahar Industrial Enterprises's Days Sales Outstanding for the three months ended in Mar. 2024 was 39.42.

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

BOM:519136' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.93 Med: 41.67 Max: 52.45
Current: 39.02

During the past 13 years, Nahar Industrial Enterprises's highest Days Sales Outstanding was 52.45. The lowest was 36.93. And the median was 41.67.

BOM:519136's Days Sales Outstanding is ranked better than
67.22% of 1031 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 52.78 vs BOM:519136: 39.02

Nahar Industrial Enterprises's Days Sales Outstanding increased from Mar. 2023 (37.75) to Mar. 2024 (39.42).

Nahar Industrial Enterprises Days Sales Outstanding Historical Data

The historical data trend for Nahar Industrial Enterprises'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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Nahar Industrial Enterprises Days Sales Outstanding Chart

Nahar Industrial Enterprises Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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52.31

52.45

43.68

45.57

40.37

Nahar Industrial Enterprises 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															37.75	38.32	38.87	36.75	39.42

Competitive Comparison of Nahar Industrial Enterprises's Days Sales Outstanding

For the Textile Manufacturing subindustry, Nahar Industrial Enterprises'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.

Nahar Industrial Enterprises's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nahar Industrial Enterprises's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Nahar Industrial Enterprises's Days Sales Outstanding falls into.

Nahar Industrial Enterprises 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.

Nahar Industrial Enterprises'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
=	( (1636.594	+	1602.451)	/	2 )	/	14642.18	*	365
=	1619.5225					/	14642.18	*	365
=	40.37

Nahar Industrial Enterprises'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	+	1602.451)	/	1 )	/	3709.132	*	365 / 4
=	1602.451					/	3709.132	*	365 / 4
=	39.42

Nahar Industrial Enterprises (BOM:519136) Days Sales Outstanding Explanation

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

Nahar Industrial Enterprises Days Sales Outstanding Related Terms

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Nahar Industrial Enterprises (BOM:519136) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Nahar Industrial Enterprises Ltd (BOM:519136) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

NAHARINDUS:India

Address

Focal Point, Ludhiana, PB, IND, 141010

Website

http://www.owmnahar.com

Nahar Industrial Enterprises Ltd is a textile manufacturing company. The company operates through two segments: Sugar and Textile. The Textile segment offers yarn and fabric. The Sugar segment is engaged in producing sugar. The company's product offerings include various types of yarns, such as cotton yarns, blended yarns, woollen, woollen blended, Cotton, Polyester Cotton, Other Blended, Compact Yarn, Mercerized Gassed Yarn. It also manufactures printed fabrics, specialty and performance fabrics, and indigo yarn-dyed shirtings for use in apparel and home furnishings. The firm derives a majority of revenue from the Textile segment.

Nahar Industrial Enterprises (BOM:519136) Headlines

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