Eighty Jewellers (BOM:543518) Days Sales Outstanding : 3.30 (As of Mar. 2024)

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What is Eighty Jewellers Days Sales Outstanding?

Eighty Jewellers's average Accounts Receivable for the six months ended in Mar. 2024 was ₹8.4 Mil. Eighty Jewellers's Revenue for the six months ended in Mar. 2024 was ₹462.0 Mil. Hence, Eighty Jewellers's Days Sales Outstanding for the six months ended in Mar. 2024 was 3.30.

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

BOM:543518' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.25 Med: 7.16 Max: 12.52
Current: 6.73

During the past 6 years, Eighty Jewellers's highest Days Sales Outstanding was 12.52. The lowest was 5.25. And the median was 7.16.

BOM:543518's Days Sales Outstanding is ranked better than
74.98% of 1079 companies
in the Retail - Cyclical industry
Industry Median: 18.16 vs BOM:543518: 6.73

Eighty Jewellers's Days Sales Outstanding declined from Mar. 2023 (5.49) to Mar. 2024 (3.30).

Eighty Jewellers Days Sales Outstanding Historical Data

The historical data trend for Eighty Jewellers'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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Eighty Jewellers Days Sales Outstanding Chart

Eighty Jewellers Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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9.83

5.25

6.29

12.52

7.18

Eighty Jewellers Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial				12.93	8.10	5.49	10.75	3.30

Competitive Comparison of Eighty Jewellers's Days Sales Outstanding

For the Luxury Goods subindustry, Eighty Jewellers'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.

Eighty Jewellers's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Eighty Jewellers's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Eighty Jewellers's Days Sales Outstanding falls into.

Eighty Jewellers 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.

Eighty Jewellers'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
=	( (28.054	+	3.817)	/	2 )	/	809.755	*	365
=	15.9355					/	809.755	*	365
=	7.18

Eighty Jewellers'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
=	( (12.91	+	3.817)	/	2 )	/	462.024	*	365 / 2
=	8.3635					/	462.024	*	365 / 2
=	3.30

Eighty Jewellers (BOM:543518) Days Sales Outstanding Explanation

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

Eighty Jewellers Days Sales Outstanding Related Terms

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Eighty Jewellers (BOM:543518) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Eighty Jewellers Ltd (BOM:543518) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

A.T Palace, Kotwali Chowk, Sadar Bazar, Raipur, CT, IND, 492001

Website

https://www.eightyjewels.in

Eighty Jewellers Ltd is engaged in the trading of various jewellery, ornaments, watches and luxury articles made out of gold, silver, diamonds and platinum under the brand name of Anopchand Tilokchand Jewellers.

Eighty Jewellers (BOM:543518) Headlines

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