Aartech Solonics (BOM:542580) Days Sales Outstanding : 130.93 (As of Jun. 2024)

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What is Aartech Solonics Days Sales Outstanding?

Aartech Solonics's average Accounts Receivable for the three months ended in Jun. 2024 was ₹94.8 Mil. Aartech Solonics's Revenue for the three months ended in Jun. 2024 was ₹66.1 Mil. Hence, Aartech Solonics's Days Sales Outstanding for the three months ended in Jun. 2024 was 130.93.

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

BOM:542580' s Days Sales Outstanding Range Over the Past 10 Years
Min: 111.71 Med: 138.15 Max: 212.78
Current: 115.24

During the past 10 years, Aartech Solonics's highest Days Sales Outstanding was 212.78. The lowest was 111.71. And the median was 138.15.

BOM:542580's Days Sales Outstanding is ranked worse than
73.81% of 2978 companies
in the Industrial Products industry
Industry Median: 79.41 vs BOM:542580: 115.24

Aartech Solonics's Days Sales Outstanding declined from Jun. 2023 (151.15) to Jun. 2024 (130.93).

Warning Sign:

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

Aartech Solonics Days Sales Outstanding Historical Data

The historical data trend for Aartech Solonics'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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Aartech Solonics Days Sales Outstanding Chart

Aartech Solonics Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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124.71

212.78

143.89

143.49

111.71

Aartech Solonics Quarterly Data
	Mar15	Mar16	Mar17	Mar18	Sep18	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															151.15	112.87	139.06	86.74	130.93

Competitive Comparison of Aartech Solonics's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Aartech Solonics'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.

Aartech Solonics's Days Sales Outstanding Distribution in the Industrial Products Industry

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

* The bar in red indicates where Aartech Solonics's Days Sales Outstanding falls into.

Aartech Solonics 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.

Aartech Solonics'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
=	( (105.602	+	94.832)	/	2 )	/	327.441	*	365
=	100.217					/	327.441	*	365
=	111.71

Aartech Solonics's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (94.832	+	0)	/	1 )	/	66.093	*	365 / 4
=	94.832					/	66.093	*	365 / 4
=	130.93

Aartech Solonics (BOM:542580) Days Sales Outstanding Explanation

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

Aartech Solonics Days Sales Outstanding Related Terms

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Aartech Solonics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aartech Solonics Ltd (BOM:542580) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

AARTECH:India

Address

E-2/57, Ashirvad, Arera Colony, Bhopal, MP, IND, 462016

Website

https://www.aartechsolonics.com

Aartech Solonics Ltd is a system solution-oriented research and development enterprise in the field of specialized and selected energy appliances. The company is involved in the manufacturing of electricity distribution and control apparatus such as switches, fuses, voltage limiters, surge suppressors, junction boxes and others for a voltage exceeding 1000 volts; similar apparatus including relays, sockets and others for a voltage not exceeding 1000 volts; boards, panels, consoles, cabinets and other bases equipped with two or more of the above apparatus for electricity control or distribution of electricity including power capacitors. It serves Renewable Energy; Power; Heavy Engineering; Defense and Exploration; Helth Care; Information Technology and Telecom; and other industries.

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