Radhe Developers (India) (BOM:531273) Days Sales Outstanding : 6.61 (As of Mar. 2024)

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What is Radhe Developers (India) Days Sales Outstanding?

Radhe Developers (India)'s average Accounts Receivable for the three months ended in Mar. 2024 was ₹3.11 Mil. Radhe Developers (India)'s Revenue for the three months ended in Mar. 2024 was ₹42.94 Mil. Hence, Radhe Developers (India)'s Days Sales Outstanding for the three months ended in Mar. 2024 was 6.61.

The historical rank and industry rank for Radhe Developers (India)'s Days Sales Outstanding or its related term are showing as below:

BOM:531273' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.04 Med: 3.56 Max: 2056.29
Current: 0.61

During the past 13 years, Radhe Developers (India)'s highest Days Sales Outstanding was 2056.29. The lowest was 0.04. And the median was 3.56.

BOM:531273's Days Sales Outstanding is ranked better than
97.23% of 1661 companies
in the Real Estate industry
Industry Median: 36.42 vs BOM:531273: 0.61

Radhe Developers (India)'s Days Sales Outstanding increased from Mar. 2023 (0.85) to Mar. 2024 (6.61).

Radhe Developers (India) Days Sales Outstanding Historical Data

The historical data trend for Radhe Developers (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.

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Radhe Developers (India) Days Sales Outstanding Chart

Radhe Developers (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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0.94

2.13

0.04

0.13

8.53

Radhe Developers (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															0.85	0.37	-	0.37	6.61

Competitive Comparison of Radhe Developers (India)'s Days Sales Outstanding

For the Real Estate - Development subindustry, Radhe Developers (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.

Radhe Developers (India)'s Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Radhe Developers (India)'s Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Radhe Developers (India)'s Days Sales Outstanding falls into.

Radhe Developers (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.

Radhe Developers (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
=	( (0.05	+	3.11)	/	2 )	/	67.647	*	365
=	1.58					/	67.647	*	365
=	8.53

Radhe Developers (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	+	3.11)	/	1 )	/	42.941	*	365 / 4
=	3.11					/	42.941	*	365 / 4
=	6.61

Radhe Developers (India) (BOM:531273) Days Sales Outstanding Explanation

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

Radhe Developers (India) Days Sales Outstanding Related Terms

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Radhe Developers (India) (BOM:531273) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Radhe Developers (India) Ltd (BOM:531273) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Radhe Acres, Block No. 220, 226 & 227, B/h. Applewoods Township, Ahmedabad, GJ, IND, 380 058

Website

https://www.radhedevelopers.com

Radhe Developers (India) Ltd. is a real estate company. It engages in activities related to real estate development. The company offers residential, commercial, plotting, and social infrastructure projects. Geographically, it operates and derives revenue from India. Its ongoing project includes Emerald Park, Radhe Serene, and Radiance Residency.

Radhe Developers (India) (BOM:531273) Headlines

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