Optimus Finance (BOM:531254) Days Sales Outstanding : 107.14 (As of Mar. 2024)

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What is Optimus Finance Days Sales Outstanding?

Optimus Finance's average Accounts Receivable for the three months ended in Mar. 2024 was ₹438 Mil. Optimus Finance's Revenue for the three months ended in Mar. 2024 was ₹373 Mil. Hence, Optimus Finance's Days Sales Outstanding for the three months ended in Mar. 2024 was 107.14.

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

BOM:531254' s Days Sales Outstanding Range Over the Past 10 Years
Min: 23.87 Med: 82.46 Max: 156.54
Current: 156.54

During the past 13 years, Optimus Finance's highest Days Sales Outstanding was 156.54. The lowest was 23.87. And the median was 82.46.

BOM:531254's Days Sales Outstanding is ranked worse than
94.42% of 1522 companies
in the Chemicals industry
Industry Median: 63.75 vs BOM:531254: 156.54

Optimus Finance's Days Sales Outstanding declined from Mar. 2023 (175.00) to Mar. 2024 (107.14).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Optimus Finance Days Sales Outstanding Historical Data

The historical data trend for Optimus Finance'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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Optimus Finance Days Sales Outstanding Chart

Optimus Finance Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

Get a 7-Day Free Trial

102.98

91.26

102.81

126.86

144.49

Optimus Finance 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															175.00	183.85	198.30	190.41	107.14

Competitive Comparison of Optimus Finance's Days Sales Outstanding

For the Chemicals subindustry, Optimus Finance'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.

Optimus Finance's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Optimus Finance's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Optimus Finance's Days Sales Outstanding falls into.

Optimus Finance 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.

Optimus Finance'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
=	( (429.551	+	438.384)	/	2 )	/	1096.288	*	365
=	433.9675					/	1096.288	*	365
=	144.49

Optimus Finance'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	+	438.384)	/	1 )	/	373.382	*	365 / 4
=	438.384					/	373.382	*	365 / 4
=	107.14

Optimus Finance (BOM:531254) Days Sales Outstanding Explanation

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

Optimus Finance Days Sales Outstanding Related Terms

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Optimus Finance (BOM:531254) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Optimus Finance Ltd (BOM:531254) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Dr. Vikram Sarabhai Marg, 504 A, Ozone, Vadi-Wadi, Vadodara, GJ, IND, 390003

Website

https://www.optimusfinance.in

Optimus Finance Ltd is engaged in non-banking finance activity consisting of investment in shares and securities and other investment and financing activities. It is engaged in the business of loan and investment; importing and exporting lubricant oils, different types of base oils, and other chemical products used mainly in the automobile industry, power industry, and metal manufacturing among others. It operates through two business segments: Financing and Investing activity and Trading in Chemicals. It generates a majority of its revenues through trading in chemicals outside India.

Optimus Finance (BOM:531254) Headlines

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