Sobha (BOM:532784) Days Sales Outstanding : 22.67 (As of Dec. 2023)

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What is Sobha Days Sales Outstanding?

Sobha's average Accounts Receivable for the three months ended in Dec. 2023 was ₹1,701 Mil. Sobha's Revenue for the three months ended in Dec. 2023 was ₹6,849 Mil. Hence, Sobha's Days Sales Outstanding for the three months ended in Dec. 2023 was 22.67.

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

BOM:532784' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17.68 Med: 35.56 Max: 48.01
Current: 17.68

During the past 13 years, Sobha's highest Days Sales Outstanding was 48.01. The lowest was 17.68. And the median was 35.56.

BOM:532784's Days Sales Outstanding is ranked better than
65.65% of 1668 companies
in the Real Estate industry
Industry Median: 36.925 vs BOM:532784: 17.68

Sobha's Days Sales Outstanding increased from Dec. 2022 (19.55) to Dec. 2023 (22.67).

Sobha Days Sales Outstanding Historical Data

The historical data trend for Sobha'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.

Sobha Days Sales Outstanding Chart

Sobha Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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34.74

33.46

48.01

38.86

28.09

Sobha 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															19.55	11.98	15.88	20.95	22.67

Competitive Comparison of Sobha's Days Sales Outstanding

For the Real Estate - Development subindustry, Sobha'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.

Sobha's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sobha's Days Sales Outstanding distribution charts can be found below:

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

Sobha 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.

Sobha'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
=	( (3504.53	+	1580.16)	/	2 )	/	33036.93	*	365
=	2542.345					/	33036.93	*	365
=	28.09

Sobha'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
=	( (1701.47	+	0)	/	1 )	/	6849.32	*	365 / 4
=	1701.47					/	6849.32	*	365 / 4
=	22.67

Sobha (BOM:532784) Days Sales Outstanding Explanation

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

Sobha Days Sales Outstanding Related Terms

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Sobha (BOM:532784) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sobha Ltd (BOM:532784) » Definitions » Days Sales Outstanding

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SOBHA:India

Address

SOBHA, Sarjapur - Marathahalli Outer Ring Road, Devarabisanahalli, Bellandur Post, Bangalore, KA, IND, 560103

Website

https://www.sobha.com

Sobha Ltd is engaged in the real estate business. The company is engaged in the development and construction of the properties. The company is operating in two segments: The Real estate segment and the Contractual and manufacturing segment. The real Estate segment (RE) is into the development, sale, management, and operation of all or any part of townships, and housing projects also include leasing of self-owned commercial premises. The contractual and manufacturing Segment (CM) is into the development of commercial premises and other related activities, also including manufacturing activities related to interiors, glazing and metal works and concrete products. It generates its revenue from the Real Estate segment.

Sobha (BOM:532784) Headlines

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