Goel Food Products (BOM:543538) Days Sales Outstanding : 14.64 (As of Mar. 2024)

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What is Goel Food Products Days Sales Outstanding?

Goel Food Products's average Accounts Receivable for the six months ended in Mar. 2024 was ₹11.1 Mil. Goel Food Products's Revenue for the six months ended in Mar. 2024 was ₹138.8 Mil. Hence, Goel Food Products's Days Sales Outstanding for the six months ended in Mar. 2024 was 14.64.

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

BOM:543538' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.11 Med: 6.23 Max: 19.82
Current: 14.04

During the past 6 years, Goel Food Products's highest Days Sales Outstanding was 19.82. The lowest was 3.11. And the median was 6.23.

BOM:543538's Days Sales Outstanding is ranked better than
86.04% of 1848 companies
in the Consumer Packaged Goods industry
Industry Median: 39.125 vs BOM:543538: 14.04

Goel Food Products's Days Sales Outstanding increased from Mar. 2023 (7.56) to Mar. 2024 (14.64).

Goel Food Products Days Sales Outstanding Historical Data

The historical data trend for Goel Food Products'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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Goel Food Products Days Sales Outstanding Chart

Goel Food Products Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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5.43

6.47

3.11

5.99

19.82

Goel Food Products Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial				-	8.67	7.56	6.45	14.64

Competitive Comparison of Goel Food Products's Days Sales Outstanding

For the Packaged Foods subindustry, Goel Food Products'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.

Goel Food Products's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Goel Food Products's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Goel Food Products's Days Sales Outstanding falls into.

Goel Food Products 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.

Goel Food Products'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
=	( (5.6	+	20.614)	/	2 )	/	241.408	*	365
=	13.107					/	241.408	*	365
=	19.82

Goel Food Products'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
=	( (1.651	+	20.614)	/	2 )	/	138.794	*	365 / 2
=	11.1325					/	138.794	*	365 / 2
=	14.64

Goel Food Products (BOM:543538) Days Sales Outstanding Explanation

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

Goel Food Products Days Sales Outstanding Related Terms

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Goel Food Products (BOM:543538) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Goel Food Products Ltd (BOM:543538) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

76/1/2, Golaghata Road, Kolkata, WB, IND, 700048

Website

https://www.bika.co.in

Goel Food Products Ltd is engaged in the business of manufacturing Indian Snacks and Sweets. The company provide services such as organizing events like Marriages, Sangeet, Ring Ceremony, Birthday Parties, Anniversary Parties, Kitty Parties, Corporate Events, Kirtans (Devotional Singing), Thread Ceremony at the banquets hall and serves Indian snack and Sweets at the company retail shop. The company also generates rent income the hotels and guest house. It operates and manages the banquet and Indian snacks and sweets shop business under the name "BIKA" at various locations in Kolkata.

Goel Food Products (BOM:543538) Headlines

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