Coromandel Engineering Co (BOM:533167) Days Sales Outstanding : 67.92 (As of Mar. 2024)

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What is Coromandel Engineering Co Days Sales Outstanding?

Coromandel Engineering Co's average Accounts Receivable for the three months ended in Mar. 2024 was ₹179.1 Mil. Coromandel Engineering Co's Revenue for the three months ended in Mar. 2024 was ₹240.6 Mil. Hence, Coromandel Engineering Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 67.92.

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

BOM:533167' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.89 Med: 74.37 Max: 263.62
Current: 79

During the past 13 years, Coromandel Engineering Co's highest Days Sales Outstanding was 263.62. The lowest was 57.89. And the median was 74.37.

BOM:533167's Days Sales Outstanding is ranked worse than
54.19% of 1646 companies
in the Construction industry
Industry Median: 73.13 vs BOM:533167: 79.00

Coromandel Engineering Co's Days Sales Outstanding declined from Mar. 2023 (68.39) to Mar. 2024 (67.92).

Coromandel Engineering Co Days Sales Outstanding Historical Data

The historical data trend for Coromandel Engineering Co'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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Coromandel Engineering Co Days Sales Outstanding Chart

Coromandel Engineering Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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77.26

61.23

57.89

59.30

70.75

Coromandel Engineering Co 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															68.39	77.78	82.26	106.88	67.92

Competitive Comparison of Coromandel Engineering Co's Days Sales Outstanding

For the Engineering & Construction subindustry, Coromandel Engineering Co'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.

Coromandel Engineering Co's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Coromandel Engineering Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Coromandel Engineering Co's Days Sales Outstanding falls into.

Coromandel Engineering Co 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.

Coromandel Engineering Co'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
=	( (195.556	+	179.063)	/	2 )	/	966.381	*	365
=	187.3095					/	966.381	*	365
=	70.75

Coromandel Engineering Co'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	+	179.063)	/	1 )	/	240.578	*	365 / 4
=	179.063					/	240.578	*	365 / 4
=	67.92

Coromandel Engineering Co (BOM:533167) Days Sales Outstanding Explanation

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

Coromandel Engineering Co Days Sales Outstanding Related Terms

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Coromandel Engineering Co (BOM:533167) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Coromandel Engineering Co Ltd (BOM:533167) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

No. 43, Moore Street, Parry House, 5th Floor, Post Box No. 1698, Chennai, TN, IND, 600 001

Website

http://www.coromandelengg.com

Coromandel Engineering Co Ltd is an India-based construction and property development company. It is involved in the construction of industrial, commercial, and residential properties. The firm generates the majority of revenue from the proceeds on contracts followed by Property development.

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