Essar Shipping (BOM:533704) Days Sales Outstanding : 670.36 (As of Mar. 2024)

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What is Essar Shipping Days Sales Outstanding?

Essar Shipping's average Accounts Receivable for the three months ended in Mar. 2024 was ₹186.6 Mil. Essar Shipping's Revenue for the three months ended in Mar. 2024 was ₹25.4 Mil. Hence, Essar Shipping's Days Sales Outstanding for the three months ended in Mar. 2024 was 670.36.

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

BOM:533704' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.77 Med: 39.32 Max: 286.73
Current: 281.5

During the past 13 years, Essar Shipping's highest Days Sales Outstanding was 286.73. The lowest was 30.77. And the median was 39.32.

BOM:533704's Days Sales Outstanding is ranked worse than
97.61% of 961 companies
in the Transportation industry
Industry Median: 46.22 vs BOM:533704: 281.50

Essar Shipping's Days Sales Outstanding increased from Mar. 2023 (87.33) to Mar. 2024 (670.36).

Warning Sign:

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

Essar Shipping Days Sales Outstanding Historical Data

The historical data trend for Essar Shipping'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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Essar Shipping Days Sales Outstanding Chart

Essar Shipping Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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31.26

40.69

30.77

113.40

286.73

Essar Shipping 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															87.33	110.10	324.23	531.58	670.36

Competitive Comparison of Essar Shipping's Days Sales Outstanding

For the Marine Shipping subindustry, Essar Shipping'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.

Essar Shipping's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Essar Shipping's Days Sales Outstanding distribution charts can be found below:

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

Essar Shipping 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.

Essar Shipping'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
=	( (131.4	+	186.6)	/	2 )	/	202.4	*	365
=	159					/	202.4	*	365
=	286.73

Essar Shipping'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	+	186.6)	/	1 )	/	25.4	*	365 / 4
=	186.6					/	25.4	*	365 / 4
=	670.36

Essar Shipping (BOM:533704) Days Sales Outstanding Explanation

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

Essar Shipping Days Sales Outstanding Related Terms

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Essar Shipping (BOM:533704) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Essar Shipping Ltd (BOM:533704) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

ESSARSHPNG:India

Address

11, K.K. Marg, Essar House, Mahalaxmi, Mumbai, MH, IND, 400 034

Website

https://www.essar.com

Essar Shipping Ltd is engaged in fleet operating and chartering and operates in international and coastal voyages. The company is diversified across various sectors of Energy, Infrastructure (comprising Ports and EPC businesses), Metals and Mining, and Services (Shipping, IT and Retail businesses). It also provides oilfield drilling services. The oilfields services business provides contract drilling services to oil and gas companies across the globe. The company generates maximum revenue from fleet operating and chartering segment.

Essar Shipping (BOM:533704) Headlines

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