Indiabulls Enterprises (BOM:543715) Days Sales Outstanding : 129.14 (As of Mar. 2024)

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What is Indiabulls Enterprises Days Sales Outstanding?

Indiabulls Enterprises's average Accounts Receivable for the three months ended in Mar. 2024 was ₹190.2 Mil. Indiabulls Enterprises's Revenue for the three months ended in Mar. 2024 was ₹134.4 Mil. Hence, Indiabulls Enterprises's Days Sales Outstanding for the three months ended in Mar. 2024 was 129.14.

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

BOM:543715' s Days Sales Outstanding Range Over the Past 10 Years
Min: 165.28 Med: 212.69 Max: 225.16
Current: 171.58

During the past 3 years, Indiabulls Enterprises's highest Days Sales Outstanding was 225.16. The lowest was 165.28. And the median was 212.69.

BOM:543715's Days Sales Outstanding is ranked worse than
90.99% of 1043 companies
in the Business Services industry
Industry Median: 58.62 vs BOM:543715: 171.58

Indiabulls Enterprises's Days Sales Outstanding declined from Mar. 2023 (175.81) to Mar. 2024 (129.14).

Warning Sign:

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

Indiabulls Enterprises Days Sales Outstanding Historical Data

The historical data trend for Indiabulls Enterprises'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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Indiabulls Enterprises Days Sales Outstanding Chart

Indiabulls Enterprises Annual Data

Trend

Mar22

Mar23

Mar24

Days Sales Outstanding

225.16

212.69

165.28

Indiabulls Enterprises Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial				175.81	189.85	212.54	170.11	129.14

Competitive Comparison of Indiabulls Enterprises's Days Sales Outstanding

For the Rental & Leasing Services subindustry, Indiabulls Enterprises'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.

Indiabulls Enterprises's Days Sales Outstanding Distribution in the Business Services Industry

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

* The bar in red indicates where Indiabulls Enterprises's Days Sales Outstanding falls into.

Indiabulls Enterprises 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.

Indiabulls Enterprises'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
=	( (312.7	+	190.2)	/	2 )	/	555.3	*	365
=	251.45					/	555.3	*	365
=	165.28

Indiabulls Enterprises'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: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (0	+	190.2)	/	1 )	/	134.4	*	365 / 4
=	190.2					/	134.4	*	365 / 4
=	129.14

Indiabulls Enterprises (BOM:543715) Days Sales Outstanding Explanation

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

Indiabulls Enterprises Days Sales Outstanding Related Terms

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Indiabulls Enterprises (BOM:543715) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Indiabulls Enterprises Ltd (BOM:543715) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

IEL:India

Address

5th floor, Plot No. 108, IT Park, Udyog Vihar, Phase 1, Gurugram, HR, IND, 122016

Website

https://www.indiabullsenterprises.com

Indiabulls Enterprises Ltd is a construction and infrastructure equipment rental company. The company has two reportable segments which is as follows Equipment renting services and Management and maintenance services. The company's rentals include complete operation and maintenance expenses and an experienced operating crew, who work within the norms of safety, environment and quality.

Indiabulls Enterprises (BOM:543715) Headlines

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