Jigar Cables (BOM:540651) Days Sales Outstanding : 28.89 (As of Sep. 2024)

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What is Jigar Cables Days Sales Outstanding?

Jigar Cables's average Accounts Receivable for the six months ended in Sep. 2024 was ₹97.7 Mil. Jigar Cables's Revenue for the six months ended in Sep. 2024 was ₹617.2 Mil. Hence, Jigar Cables's Days Sales Outstanding for the six months ended in Sep. 2024 was 28.89.

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

BOM:540651' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.06 Med: 63.74 Max: 413.81
Current: 36.74

During the past 12 years, Jigar Cables's highest Days Sales Outstanding was 413.81. The lowest was 28.06. And the median was 63.74.

BOM:540651's Days Sales Outstanding is ranked better than
91.86% of 2974 companies
in the Industrial Products industry
Industry Median: 80.905 vs BOM:540651: 36.74

Jigar Cables's Days Sales Outstanding declined from Sep. 2023 (76.43) to Sep. 2024 (28.89).

Jigar Cables Days Sales Outstanding Historical Data

The historical data trend for Jigar Cables'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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Jigar Cables Days Sales Outstanding Chart

Jigar Cables Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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168.04

113.65

90.06

64.84

62.64

Jigar Cables Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	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															84.50	85.26	76.43	51.92	28.89

Competitive Comparison of Jigar Cables's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Jigar Cables'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.

Jigar Cables's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jigar Cables's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Jigar Cables's Days Sales Outstanding falls into.

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Jigar Cables 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.

Jigar Cables'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
=	( (67.292	+	79.051)	/	2 )	/	426.364	*	365
=	73.1715					/	426.364	*	365
=	62.64

Jigar Cables'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
=	( (79.051	+	116.373)	/	2 )	/	617.179	*	365 / 2
=	97.712					/	617.179	*	365 / 2
=	28.89

Jigar Cables (BOM:540651) Days Sales Outstanding Explanation

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

Jigar Cables Days Sales Outstanding Related Terms

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Jigar Cables Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jigar Cables Ltd (BOM:540651) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Plot No. 164/14 and 15, G.I.D.C.- 2, Jamwadi, District Rajkot, Gondal, GJ, IND, 360311

Website

https://www.sigmacab.com

Jigar Cables Ltd is the manufacturer of SIGMA brand electric wires and cables in India. It includes types of products such as single-core and multi-core flexible cables, industrial power and control cables, submersible flat cables, ariel bunched cables house wires and poly-insulated submersible connection cables. It serves industries such as Chemicals and Pharmaceuticals, Shipping and Marine, Automobiles, Hospitals, Mining, and many more.

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