Waaree Technologies (BOM:539337) Days Sales Outstanding : 6.81 (As of Sep. 2024)

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What is Waaree Technologies Days Sales Outstanding?

Waaree Technologies's average Accounts Receivable for the six months ended in Sep. 2024 was ₹2.1 Mil. Waaree Technologies's Revenue for the six months ended in Sep. 2024 was ₹56.0 Mil. Hence, Waaree Technologies's Days Sales Outstanding for the six months ended in Sep. 2024 was 6.81.

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

BOM:539337' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.3 Med: 82.41 Max: 402.35
Current: 3.64

During the past 10 years, Waaree Technologies's highest Days Sales Outstanding was 402.35. The lowest was 3.30. And the median was 82.41.

BOM:539337's Days Sales Outstanding is ranked better than
99.5% of 1001 companies
in the Semiconductors industry
Industry Median: 63.72 vs BOM:539337: 3.64

Waaree Technologies's Days Sales Outstanding increased from Sep. 2023 (2.73) to Sep. 2024 (6.81).

Waaree Technologies Days Sales Outstanding Historical Data

The historical data trend for Waaree Technologies'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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Waaree Technologies Days Sales Outstanding Chart

Waaree Technologies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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246.59

57.04

3.30

Waaree Technologies Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															231.12	43.61	2.73	1.90	6.81

Competitive Comparison of Waaree Technologies's Days Sales Outstanding

For the Solar subindustry, Waaree Technologies'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.

Waaree Technologies's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Waaree Technologies's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Waaree Technologies's Days Sales Outstanding falls into.

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Waaree Technologies 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.

Waaree Technologies'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
=	( (3.038	+	2.087)	/	2 )	/	283.736	*	365
=	2.5625					/	283.736	*	365
=	3.30

Waaree Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (2.087	+	0)	/	1 )	/	55.962	*	365 / 2
=	2.087					/	55.962	*	365 / 2
=	6.81

Waaree Technologies (BOM:539337) Days Sales Outstanding Explanation

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

Waaree Technologies Days Sales Outstanding Related Terms

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Waaree Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Waaree Technologies Ltd (BOM:539337) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Off. Western Express Highway, 602, Western Edge-1, Borivali (East), Mumbai, MH, IND, 400066

Website

https://www.waaree.com

Waaree Technologies Ltd is exploring business opportunities in the areas related to Solar energy and electrical storage systems. The Products of the company include PV modules, Inverters, and solar products. The company operates in a single segment is assembling and dealing in lithium batteries.

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