Ranjeet Mechatronics (BOM:541945) Days Sales Outstanding : 104.60 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Ranjeet Mechatronics Days Sales Outstanding?

Ranjeet Mechatronics's average Accounts Receivable for the six months ended in Mar. 2024 was ₹65.5 Mil. Ranjeet Mechatronics's Revenue for the six months ended in Mar. 2024 was ₹114.3 Mil. Hence, Ranjeet Mechatronics's Days Sales Outstanding for the six months ended in Mar. 2024 was 104.60.

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

BOM:541945' s Days Sales Outstanding Range Over the Past 10 Years
Min: 69.19 Med: 118.54 Max: 177.8
Current: 148.55

During the past 11 years, Ranjeet Mechatronics's highest Days Sales Outstanding was 177.80. The lowest was 69.19. And the median was 118.54.

BOM:541945's Days Sales Outstanding is ranked worse than
89.35% of 1042 companies
in the Business Services industry
Industry Median: 58.785 vs BOM:541945: 148.55

Ranjeet Mechatronics's Days Sales Outstanding increased from Mar. 2023 (69.48) to Mar. 2024 (104.60).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Ranjeet Mechatronics Days Sales Outstanding Historical Data

The historical data trend for Ranjeet Mechatronics'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.

* Premium members only.

Ranjeet Mechatronics Days Sales Outstanding Chart

Ranjeet Mechatronics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

Get a 7-Day Free Trial

83.84

130.40

128.84

96.11

163.64

Ranjeet Mechatronics Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial												67.60	102.22	69.48	222.14	104.60

Competitive Comparison of Ranjeet Mechatronics's Days Sales Outstanding

For the Security & Protection Services subindustry, Ranjeet Mechatronics'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.

Ranjeet Mechatronics's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ranjeet Mechatronics's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Ranjeet Mechatronics's Days Sales Outstanding falls into.

Ranjeet Mechatronics 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.

Ranjeet Mechatronics'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
=	( (71.141	+	77.298)	/	2 )	/	165.547	*	365
=	74.2195					/	165.547	*	365
=	163.64

Ranjeet Mechatronics'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: Sep. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (53.685	+	77.298)	/	2 )	/	114.271	*	365 / 2
=	65.4915					/	114.271	*	365 / 2
=	104.60

Ranjeet Mechatronics (BOM:541945) Days Sales Outstanding Explanation

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

Ranjeet Mechatronics Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Ranjeet Mechatronics's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Ranjeet Mechatronics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ranjeet Mechatronics Ltd (BOM:541945) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Anand Nagar Char Rasta, Prahlad Nagar Road, Block A, Office No. 407/408, 4th Floor, Dev Aurum, Ahmedabad, GJ, IND, 380 015

Website

https://www.ranjeet.co.in

Ranjeet Mechatronics Ltd is a company providing specialized firefighting solutions as a system integrator. It provides end-to-end solutions in the installation, designing, commission, testing, implementation, management and operational support for technology-based security and fire solutions. Products and services offered by the company include a fire sprinkler system, fire detection system, gas suppression system, fire extinguishers system, fire hydrant system, high-velocity water spray system, and a medium-velocity water spray system.

Ranjeet Mechatronics Headlines

No Headlines