Vardhman Special Steels (BOM:534392) Days Sales Outstanding : 54.44 (As of Mar. 2024)

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What is Vardhman Special Steels Days Sales Outstanding?

Vardhman Special Steels's average Accounts Receivable for the three months ended in Mar. 2024 was ₹2,622 Mil. Vardhman Special Steels's Revenue for the three months ended in Mar. 2024 was ₹4,394 Mil. Hence, Vardhman Special Steels's Days Sales Outstanding for the three months ended in Mar. 2024 was 54.44.

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

BOM:534392' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.85 Med: 79.62 Max: 104.33
Current: 57.73

During the past 13 years, Vardhman Special Steels's highest Days Sales Outstanding was 104.33. The lowest was 50.85. And the median was 79.62.

BOM:534392's Days Sales Outstanding is ranked worse than
59.4% of 596 companies
in the Steel industry
Industry Median: 48.985 vs BOM:534392: 57.73

Vardhman Special Steels's Days Sales Outstanding declined from Mar. 2023 (56.55) to Mar. 2024 (54.44).

Vardhman Special Steels Days Sales Outstanding Historical Data

The historical data trend for Vardhman Special Steels'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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Vardhman Special Steels Days Sales Outstanding Chart

Vardhman Special Steels Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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79.81

79.43

60.10

50.85

57.53

Vardhman Special Steels 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															56.55	58.30	58.15	60.75	54.44

Competitive Comparison of Vardhman Special Steels's Days Sales Outstanding

For the Steel subindustry, Vardhman Special Steels'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.

Vardhman Special Steels's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Vardhman Special Steels's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Vardhman Special Steels's Days Sales Outstanding falls into.

Vardhman Special Steels 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.

Vardhman Special Steels'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
=	( (2615.459	+	2621.741)	/	2 )	/	16613.593	*	365
=	2618.6					/	16613.593	*	365
=	57.53

Vardhman Special Steels'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	+	2621.741)	/	1 )	/	4394.147	*	365 / 4
=	2621.741					/	4394.147	*	365 / 4
=	54.44

Vardhman Special Steels (BOM:534392) Days Sales Outstanding Explanation

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

Vardhman Special Steels Days Sales Outstanding Related Terms

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Vardhman Special Steels (BOM:534392) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Vardhman Special Steels Ltd (BOM:534392) » Definitions » Days Sales Outstanding

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VSSL:India

Address

Chandigarh Road, Vardhman Premises, Ludhiana, PB, IND, 141 010

Website

https://www.vardhmansteel.com

Vardhman Special Steels Ltd is engaged in manufacturing steel bars and rods. The company caters to diverse requirements of hot-rolled bars for Engineering, Automotive, Tractor, Bearing and Allied Industries. Its products include Carbon steel, Carbon manganese steel, Chrome steel, Chrome manganese steel, Chrome moly steel, Boron steel, Vanadium steel, and Ball bearing steel. The company manufactures products using techniques such as Steel melting, Rolling Mill, Heat treatment and Bright bar shop. It generates a majority of its revenue from the sale of black bars. The company's operations are mainly located within India.

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