Riddhi Siddhi Gluco Biols (BOM:524480) Days Sales Outstanding : 24.38 (As of Dec. 2023)

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What is Riddhi Siddhi Gluco Biols Days Sales Outstanding?

Riddhi Siddhi Gluco Biols's average Accounts Receivable for the three months ended in Dec. 2023 was ₹362 Mil. Riddhi Siddhi Gluco Biols's Revenue for the three months ended in Dec. 2023 was ₹1,355 Mil. Hence, Riddhi Siddhi Gluco Biols's Days Sales Outstanding for the three months ended in Dec. 2023 was 24.38.

The historical rank and industry rank for Riddhi Siddhi Gluco Biols's Days Sales Outstanding or its related term are showing as below:

BOM:524480' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.66 Med: 96.54 Max: 639.98
Current: 67.87

During the past 13 years, Riddhi Siddhi Gluco Biols's highest Days Sales Outstanding was 639.98. The lowest was 21.66. And the median was 96.54.

BOM:524480's Days Sales Outstanding is ranked better than
50.85% of 234 companies
in the Agriculture industry
Industry Median: 69.44 vs BOM:524480: 67.87

Riddhi Siddhi Gluco Biols's Days Sales Outstanding declined from Dec. 2022 (336.21) to Dec. 2023 (24.38).

Riddhi Siddhi Gluco Biols Days Sales Outstanding Historical Data

The historical data trend for Riddhi Siddhi Gluco Biols'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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Riddhi Siddhi Gluco Biols Days Sales Outstanding Chart

Riddhi Siddhi Gluco Biols Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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27.21

93.96

128.46

125.23

99.12

Riddhi Siddhi Gluco Biols Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															336.21	56.45	61.62	182.23	24.38

Competitive Comparison of Riddhi Siddhi Gluco Biols's Days Sales Outstanding

For the Agricultural Inputs subindustry, Riddhi Siddhi Gluco Biols'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.

Riddhi Siddhi Gluco Biols's Days Sales Outstanding Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Riddhi Siddhi Gluco Biols's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Riddhi Siddhi Gluco Biols's Days Sales Outstanding falls into.

Riddhi Siddhi Gluco Biols 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.

Riddhi Siddhi Gluco Biols's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (505.267	+	429.645)	/	2 )	/	1721.295	*	365
=	467.456					/	1721.295	*	365
=	99.12

Riddhi Siddhi Gluco Biols's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (362.12	+	0)	/	1 )	/	1355.231	*	365 / 4
=	362.12					/	1355.231	*	365 / 4
=	24.38

Riddhi Siddhi Gluco Biols (BOM:524480) Days Sales Outstanding Explanation

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

Riddhi Siddhi Gluco Biols Days Sales Outstanding Related Terms

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Riddhi Siddhi Gluco Biols (BOM:524480) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Riddhi Siddhi Gluco Biols Ltd (BOM:524480) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ambali - Bopal Road, 10, Abhishree Corporate Park, Near Swagat Bunglows BRTS Bus Stop, Ambali, Ahmedabad, GJ, IND, 380 058

Website

https://www.riddhisiddhi.co.in

Riddhi Siddhi Gluco Biols Ltd is engaged in the business of generation and selling power through windmills and trading of agriculture and metal commodity items. The company operates in various business segments that include Wind Energy Generation and Commodity Trading Business. The business caters to the domestic and international markets. The company generates the majority of its revenue from the Trading business, which is the sale of agricultural commodities.

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