Avantel (BOM:532406) Days Sales Outstanding : 140.96 (As of Mar. 2024)

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What is Avantel Days Sales Outstanding?

Avantel's average Accounts Receivable for the three months ended in Mar. 2024 was ₹642 Mil. Avantel's Revenue for the three months ended in Mar. 2024 was ₹415 Mil. Hence, Avantel's Days Sales Outstanding for the three months ended in Mar. 2024 was 140.96.

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

BOM:532406' s Days Sales Outstanding Range Over the Past 10 Years
Min: 60.35 Med: 85.23 Max: 172.41
Current: 143.25

During the past 13 years, Avantel's highest Days Sales Outstanding was 172.41. The lowest was 60.35. And the median was 85.23.

BOM:532406's Days Sales Outstanding is ranked worse than
87% of 2462 companies
in the Hardware industry
Industry Median: 74.07 vs BOM:532406: 143.25

Avantel's Days Sales Outstanding increased from Dec. 2022 (86.90) to Mar. 2024 (140.96).

Avantel Days Sales Outstanding Historical Data

The historical data trend for Avantel'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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Avantel Days Sales Outstanding Chart

Avantel Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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172.41

100.59

85.76

89.83

84.69

Avantel Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															86.90	69.27	99.56	121.08	140.96

Competitive Comparison of Avantel's Days Sales Outstanding

For the Communication Equipment subindustry, Avantel'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.

Avantel's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Avantel's Days Sales Outstanding distribution charts can be found below:

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

Avantel 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.

Avantel'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
=	( (398.383	+	641.759)	/	2 )	/	2241.514	*	365
=	520.071					/	2241.514	*	365
=	84.69

Avantel'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	+	641.759)	/	1 )	/	415.451	*	365 / 4
=	641.759					/	415.451	*	365 / 4
=	140.96

Avantel (BOM:532406) Days Sales Outstanding Explanation

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

Avantel Days Sales Outstanding Related Terms

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Avantel (BOM:532406) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Avantel Ltd (BOM:532406) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

Survey No’s. 66 & 67, Jubilee Enclave, Plot No. 68 & 69, Jubilee Heights, 4th floor, Madhapur, Hyderabad, TG, IND, 500081

Website

https://www.avantel.in

Avantel Ltd is engaged in the business of manufacturing telecom products and provides related customer support services. It caters to both domestic and international markets. It specializes in integrating technologies related to the wireless front end, satellite communication, embedded systems, signal processing, network management, and software development. It offers wireless, Satcom products, wireless products, software solutions, and services. It caters to defense, railway, and marine industries.

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