Varroc Engineering (BOM:541578) Days Sales Outstanding : 22.73 (As of Mar. 2024)

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What is Varroc Engineering Days Sales Outstanding?

Varroc Engineering's average Accounts Receivable for the three months ended in Mar. 2024 was ₹4,918 Mil. Varroc Engineering's Revenue for the three months ended in Mar. 2024 was ₹19,749 Mil. Hence, Varroc Engineering's Days Sales Outstanding for the three months ended in Mar. 2024 was 22.73.

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

BOM:541578' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.32 Med: 45.62 Max: 114.97
Current: 26.38

During the past 10 years, Varroc Engineering's highest Days Sales Outstanding was 114.97. The lowest was 26.32. And the median was 45.62.

BOM:541578's Days Sales Outstanding is ranked better than
82.89% of 1274 companies
in the Vehicles & Parts industry
Industry Median: 60.34 vs BOM:541578: 26.38

Varroc Engineering's Days Sales Outstanding declined from Mar. 2023 (32.07) to Mar. 2024 (22.73).

Varroc Engineering Days Sales Outstanding Historical Data

The historical data trend for Varroc Engineering'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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Varroc Engineering Days Sales Outstanding Chart

Varroc Engineering Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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40.26

114.97

68.09

29.52

26.32

Varroc Engineering 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															32.07	30.40	26.38	26.41	22.73

Competitive Comparison of Varroc Engineering's Days Sales Outstanding

For the Auto Parts subindustry, Varroc Engineering'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.

Varroc Engineering's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Varroc Engineering's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Varroc Engineering's Days Sales Outstanding falls into.

Varroc Engineering 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.

Varroc Engineering'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
=	( (5971	+	4918.43)	/	2 )	/	75519.37	*	365
=	5444.715					/	75519.37	*	365
=	26.32

Varroc Engineering'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	+	4918.43)	/	1 )	/	19748.55	*	365 / 4
=	4918.43					/	19748.55	*	365 / 4
=	22.73

Varroc Engineering (BOM:541578) Days Sales Outstanding Explanation

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

Varroc Engineering Days Sales Outstanding Related Terms

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Varroc Engineering (BOM:541578) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Varroc Engineering Ltd (BOM:541578) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

VARROC:India

Address

Plot No. L-4, MIDC Industrial Area, Waluj, Aurangabad, MH, IND, 431136

Website

https://www.varroc.com

Varroc Engineering Ltd is an India based company engaged in manufacturing and supplying components and subassemblies for automobile, consumer durable, and white goods industries. The company's operating segment includes Automotive and Others. It generates maximum revenue from the Automotive segment. The company also designs, manufactures, and supply exterior lighting systems, plastic and polymer components, electricals-electronics components, and precision metallic components to a passenger car, commercial vehicle, two-wheeler, three-wheeler and off-highway vehicle. Geographically, it derives a majority of revenue from Europe and also has a presence in the Asia Pacific; North America, and Other Countries.

Varroc Engineering (BOM:541578) Headlines

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