Dev Labtech Venture (BOM:543848) Days Sales Outstanding : 40.97 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Dev Labtech Venture Days Sales Outstanding?

Dev Labtech Venture's average Accounts Receivable for the six months ended in Mar. 2024 was ₹50.1 Mil. Dev Labtech Venture's Revenue for the six months ended in Mar. 2024 was ₹223.0 Mil. Hence, Dev Labtech Venture's Days Sales Outstanding for the six months ended in Mar. 2024 was 40.97.

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

BOM:543848' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.94 Med: 52.82 Max: 78.44
Current: 41.43

During the past 5 years, Dev Labtech Venture's highest Days Sales Outstanding was 78.44. The lowest was 27.94. And the median was 52.82.

BOM:543848's Days Sales Outstanding is ranked worse than
73.82% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 18.15 vs BOM:543848: 41.43

Dev Labtech Venture's Days Sales Outstanding increased from Mar. 2023 (32.32) to Mar. 2024 (40.97).

Dev Labtech Venture Days Sales Outstanding Historical Data

The historical data trend for Dev Labtech Venture'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.

* Premium members only.

Dev Labtech Venture Days Sales Outstanding Chart

Dev Labtech Venture Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

70.38

78.44

48.01

52.82

27.94

Dev Labtech Venture Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial			-	63.28	32.32	55.85	40.97

Competitive Comparison of Dev Labtech Venture's Days Sales Outstanding

For the Luxury Goods subindustry, Dev Labtech Venture'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.

Dev Labtech Venture's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Dev Labtech Venture's Days Sales Outstanding falls into.

Dev Labtech Venture 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.

Dev Labtech Venture'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
=	( (47.038	+	19.128)	/	2 )	/	432.224	*	365
=	33.083					/	432.224	*	365
=	27.94

Dev Labtech Venture'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
=	( (81.012	+	19.128)	/	2 )	/	223.016	*	365 / 2
=	50.07					/	223.016	*	365 / 2
=	40.97

Dev Labtech Venture (BOM:543848) Days Sales Outstanding Explanation

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

Dev Labtech Venture Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Dev Labtech Venture's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Dev Labtech Venture (BOM:543848) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Dev Labtech Venture Ltd (BOM:543848) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Dairy Road, Near Nilambaug Circle, GF/22-23, Pattani Plaza, Bhavnagar, GJ, IND, 364002

Website

https://www.devlabtechventure.com

Dev Labtech Venture Ltd is engaged in the business of manufacturing, marketing and sourcing of diamonds: Natural and Lab grown having wide application in Jewelry. It operates in both domestic and export markets. It exports its products to United States and Hong Kong.

Dev Labtech Venture (BOM:543848) Headlines

No Headlines