Precision Wires India (BOM:523539) Days Sales Outstanding : 43.83 (As of Mar. 2024)

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What is Precision Wires India Days Sales Outstanding?

Precision Wires India's average Accounts Receivable for the three months ended in Mar. 2024 was ₹4,217 Mil. Precision Wires India's Revenue for the three months ended in Mar. 2024 was ₹8,780 Mil. Hence, Precision Wires India's Days Sales Outstanding for the three months ended in Mar. 2024 was 43.83.

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

BOM:523539' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.28 Med: 62.57 Max: 78.69
Current: 48.28

During the past 13 years, Precision Wires India's highest Days Sales Outstanding was 78.69. The lowest was 48.28. And the median was 62.57.

BOM:523539's Days Sales Outstanding is ranked better than
83.8% of 2951 companies
in the Industrial Products industry
Industry Median: 79.82 vs BOM:523539: 48.28

Precision Wires India's Days Sales Outstanding declined from Mar. 2023 (52.91) to Mar. 2024 (43.83).

Precision Wires India Days Sales Outstanding Historical Data

The historical data trend for Precision Wires India'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.

Precision Wires India Days Sales Outstanding Chart

Precision Wires India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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70.72

78.69

65.46

56.30

48.70

Precision Wires India 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															52.91	52.47	47.45	48.98	43.83

Competitive Comparison of Precision Wires India's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Precision Wires India'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.

Precision Wires India's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Precision Wires India's Days Sales Outstanding distribution charts can be found below:

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

Precision Wires India 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.

Precision Wires India'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
=	( (4593.494	+	4217.201)	/	2 )	/	33016.911	*	365
=	4405.3475					/	33016.911	*	365
=	48.70

Precision Wires India'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	+	4217.201)	/	1 )	/	8780.341	*	365 / 4
=	4217.201					/	8780.341	*	365 / 4
=	43.83

Precision Wires India (BOM:523539) Days Sales Outstanding Explanation

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

Precision Wires India Days Sales Outstanding Related Terms

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Precision Wires India (BOM:523539) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Precision Wires India Ltd (BOM:523539) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

PRECWIRE:India

Address

Off Sayani Road, J. A. Raul Street, Saiman House, Prabhadevi, Mumbai, MH, IND, 400 025

Website

https://www.precisionwires.com

Precision Wires India Ltd is engaged in the manufacture of winding wires made of copper. The company produces Enameled Round Winding Wires, Enameled Strips, Paper Insulated Copper Conductors, and Continuously Transposed Conductors and Paper/Mica/Nomex Insulated Copper Conductors (PICC) which are used by the electrical/electronics industries. The wires are used in equipment such as rotating machines, alternators, hermetic motors, power and distribution transformers, ballasts, auto electricals, household appliances, and fans.

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