Kanco Tea & Industries (BOM:541005) Days Sales Outstanding : 45.95 (As of Dec. 2023)

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What is Kanco Tea & Industries Days Sales Outstanding?

Kanco Tea & Industries's average Accounts Receivable for the three months ended in Dec. 2023 was ₹98.1 Mil. Kanco Tea & Industries's Revenue for the three months ended in Dec. 2023 was ₹194.8 Mil. Hence, Kanco Tea & Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 45.95.

The historical rank and industry rank for Kanco Tea & Industries's Days Sales Outstanding or its related term are showing as below:

BOM:541005' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.7 Med: 3.97 Max: 32.95
Current: 32.95

During the past 13 years, Kanco Tea & Industries's highest Days Sales Outstanding was 32.95. The lowest was 1.70. And the median was 3.97.

BOM:541005's Days Sales Outstanding is ranked better than
59.51% of 1840 companies
in the Consumer Packaged Goods industry
Industry Median: 39.225 vs BOM:541005: 32.95

Kanco Tea & Industries's Days Sales Outstanding increased from Dec. 2022 (28.64) to Dec. 2023 (45.95).

Kanco Tea & Industries Days Sales Outstanding Historical Data

The historical data trend for Kanco Tea & Industries'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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Kanco Tea & Industries Days Sales Outstanding Chart

Kanco Tea & Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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6.56

6.17

5.65

5.22

3.55

Kanco Tea & Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															28.64	46.54	5.09	28.84	45.95

Competitive Comparison of Kanco Tea & Industries's Days Sales Outstanding

For the Farm Products subindustry, Kanco Tea & Industries'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.

Kanco Tea & Industries's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kanco Tea & Industries's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Kanco Tea & Industries's Days Sales Outstanding falls into.

Kanco Tea & Industries 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.

Kanco Tea & Industries's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (7.87	+	12.704)	/	2 )	/	1058.406	*	365
=	10.287					/	1058.406	*	365
=	3.55

Kanco Tea & Industries's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (98.1	+	0)	/	1 )	/	194.8	*	365 / 4
=	98.1					/	194.8	*	365 / 4
=	45.95

Kanco Tea & Industries (BOM:541005) Days Sales Outstanding Explanation

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

Kanco Tea & Industries Days Sales Outstanding Related Terms

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Kanco Tea & Industries (BOM:541005) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kanco Tea & Industries Ltd (BOM:541005) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

31, Shakespeare Sarani, Jasmine Tower, 3rd Floor, Kolkata, WB, IND, 700 017

Website

https://www.kancotea.in

Kanco Tea & Industries Ltd is an India-based company operating in the tea industry. It is mainly engaged in the cultivation, manufacturing, and selling of tea. The company generates its revenue from the sale of its product- black tea.

Kanco Tea & Industries (BOM:541005) Headlines

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