Purshottam Investofin (BOM:538647) Days Sales Outstanding : 1.53 (As of Mar. 2024)

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What is Purshottam Investofin Days Sales Outstanding?

Purshottam Investofin's average Accounts Receivable for the three months ended in Mar. 2024 was ₹2.8 Mil. Purshottam Investofin's Revenue for the three months ended in Mar. 2024 was ₹163.9 Mil. Hence, Purshottam Investofin's Days Sales Outstanding for the three months ended in Mar. 2024 was 1.53.

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

BOM:538647' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.56 Med: 10.95 Max: 60.16
Current: 9.17

During the past 11 years, Purshottam Investofin's highest Days Sales Outstanding was 60.16. The lowest was 0.56. And the median was 10.95.

BOM:538647's Days Sales Outstanding is ranked better than
84.57% of 564 companies
in the Capital Markets industry
Industry Median: 61.895 vs BOM:538647: 9.17

Purshottam Investofin's Days Sales Outstanding declined from Mar. 2023 (17.75) to Mar. 2024 (1.53).

Purshottam Investofin Days Sales Outstanding Historical Data

The historical data trend for Purshottam Investofin'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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Purshottam Investofin Days Sales Outstanding Chart

Purshottam Investofin Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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20.96

60.16

10.95

39.23

2.55

Purshottam Investofin 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															17.75	3.02	20.71	27.23	1.53

Competitive Comparison of Purshottam Investofin's Days Sales Outstanding

For the Capital Markets subindustry, Purshottam Investofin'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.

Purshottam Investofin's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Purshottam Investofin's Days Sales Outstanding distribution charts can be found below:

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

Purshottam Investofin 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.

Purshottam Investofin'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
=	( (8.306	+	2.75)	/	2 )	/	792.035	*	365
=	5.528					/	792.035	*	365
=	2.55

Purshottam Investofin'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	+	2.75)	/	1 )	/	163.903	*	365 / 4
=	2.75					/	163.903	*	365 / 4
=	1.53

Purshottam Investofin (BOM:538647) Days Sales Outstanding Explanation

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

Purshottam Investofin Days Sales Outstanding Related Terms

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Purshottam Investofin (BOM:538647) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Purshottam Investofin Ltd (BOM:538647) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

Green Park Extension, L-7, Menz Floor, New Delhi, IND, 110016

Website

https://www.purshottaminvestofin.in

Purshottam Investofin Ltd is an India-based non-banking finance company. It is engaged in the business of trading in securities and providing finances to micro, small, and medium enterprises. A majority of revenue is generated from the trading in securities activity. It also provides advisory services.

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