Pace E Commerce Ventures (BOM:543637) Days Sales Outstanding : 25.82 (As of Mar. 2024)

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What is Pace E Commerce Ventures Days Sales Outstanding?

Pace E Commerce Ventures's average Accounts Receivable for the six months ended in Mar. 2024 was ₹41.9 Mil. Pace E Commerce Ventures's Revenue for the six months ended in Mar. 2024 was ₹295.9 Mil. Hence, Pace E Commerce Ventures's Days Sales Outstanding for the six months ended in Mar. 2024 was 25.82.

The historical rank and industry rank for Pace E Commerce Ventures's Days Sales Outstanding or its related term are showing as below:

BOM:543637' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.68 Med: 72.51 Max: 97.45
Current: 47.84

During the past 5 years, Pace E Commerce Ventures's highest Days Sales Outstanding was 97.45. The lowest was 40.68. And the median was 72.51.

BOM:543637's Days Sales Outstanding is ranked better than
56.32% of 419 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 52.83 vs BOM:543637: 47.84

Pace E Commerce Ventures's Days Sales Outstanding increased from Mar. 2023 (0.00) to Mar. 2024 (25.82).

Pace E Commerce Ventures Days Sales Outstanding Historical Data

The historical data trend for Pace E Commerce Ventures'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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Pace E Commerce Ventures Days Sales Outstanding Chart

Pace E Commerce Ventures Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

90.97

97.45

58.21

72.51

40.68

Pace E Commerce Ventures Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial			-	18.08	-	108.70	25.82

Competitive Comparison of Pace E Commerce Ventures's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, Pace E Commerce Ventures'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.

Pace E Commerce Ventures's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Pace E Commerce Ventures's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Pace E Commerce Ventures's Days Sales Outstanding falls into.

Pace E Commerce Ventures 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.

Pace E Commerce Ventures'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
=	( (84.614	+	10.816)	/	2 )	/	428.141	*	365
=	47.715					/	428.141	*	365
=	40.68

Pace E Commerce Ventures'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
=	( (72.916	+	10.816)	/	2 )	/	295.905	*	365 / 2
=	41.866					/	295.905	*	365 / 2
=	25.82

Pace E Commerce Ventures (BOM:543637) Days Sales Outstanding Explanation

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

Pace E Commerce Ventures Days Sales Outstanding Related Terms

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Pace E Commerce Ventures (BOM:543637) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Pace E Commerce Ventures Ltd (BOM:543637) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shahibaug, Office no.423, 4th Floor, „C? Block, Sumel -11, Opposite Namaste Circle, Ahmedabad, GJ, IND, 380004

Website

https://www.cotandcandy.com

Pace E Commerce Ventures Ltd offers children's furniture, bedding, housewares and essentials. The company's product portfolio includes Beds and Cribs, Seating and Lounging, Storage and Organisers, Playroom Furniture, Bins and Baskets, Décor and Accessories, Kids Bedding, Baby Bedding, Baby and Kids Essentials, Dinning Essentials and Homeware, Sports Ride Ons and Outdoor, Art and Craft, Games and Puzzles, Scooters and Ride Ons, Dolls Action figures and soft toys.

Pace E Commerce Ventures (BOM:543637) Headlines

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