Race Eco Chain (BOM:537785) Days Sales Outstanding : 28.68 (As of Dec. 2024)

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What is Race Eco Chain Days Sales Outstanding?

Race Eco Chain's average Accounts Receivable for the three months ended in Dec. 2024 was ₹529 Mil. Race Eco Chain's Revenue for the three months ended in Dec. 2024 was ₹1,684 Mil. Hence, Race Eco Chain's Days Sales Outstanding for the three months ended in Dec. 2024 was 28.68.

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

BOM:537785' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.53 Med: 90.06 Max: 186.99
Current: 44.18

During the past 12 years, Race Eco Chain's highest Days Sales Outstanding was 186.99. The lowest was 36.53. And the median was 90.06.

BOM:537785's Days Sales Outstanding is ranked better than
79.1% of 244 companies
in the Waste Management industry
Industry Median: 75.73 vs BOM:537785: 44.18

Race Eco Chain's Days Sales Outstanding increased from Dec. 2023 (0.00) to Dec. 2024 (28.68).

Race Eco Chain Days Sales Outstanding Historical Data

The historical data trend for Race Eco Chain'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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Race Eco Chain Days Sales Outstanding Chart

Race Eco Chain Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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186.99

64.91

36.94

36.53

48.19

Race Eco Chain Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Sales Outstanding	Get a 7-Day Free Trial															-	59.04	58.17	45.45	28.68

Competitive Comparison of Race Eco Chain's Days Sales Outstanding

For the Waste Management subindustry, Race Eco Chain'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.

Race Eco Chain's Days Sales Outstanding Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Race Eco Chain's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Race Eco Chain's Days Sales Outstanding falls into.

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Race Eco Chain 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.

Race Eco Chain'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
=	( (366.481	+	551.051)	/	2 )	/	3474.814	*	365
=	458.766					/	3474.814	*	365
=	48.19

Race Eco Chain's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding (Q: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2024 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (529.421	+	0)	/	1 )	/	1684.151	*	365 / 4
=	529.421					/	1684.151	*	365 / 4
=	28.68

Race Eco Chain (BOM:537785) Days Sales Outstanding Explanation

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

Race Eco Chain Days Sales Outstanding Related Terms

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Race Eco Chain Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Race Eco Chain Ltd (BOM:537785) » Definitions » Days Sales Outstanding

Comparable Companies

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RACE:India

Address

Sahibabad Industrial Area, 56/33, Site-IV, Ghaziabad, UP, IND, 201010

Website

https://www.raceecochain.com

Race Eco Chain Ltd is engaged in the collection and supply of recyclable waste to recyclers who eventually convert the waste into useful products. It is also involved in the manufacturing of recycled products. The company's segments are Recycle Division; Restore Division; Biomass Division and It Division. It generates the majority of its revenue from the Recycle Division.

Race Eco Chain Headlines

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