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ASK Automotive (BOM:544022) Days Sales Outstanding : 25.87 (As of Mar. 2024)


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What is ASK Automotive Days Sales Outstanding?

ASK Automotive's average Accounts Receivable for the six months ended in Mar. 2024 was ₹2,122 Mil. ASK Automotive's Revenue for the six months ended in Mar. 2024 was ₹29,945 Mil. Hence, ASK Automotive's Days Sales Outstanding for the six months ended in Mar. 2024 was 12.93.

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

BOM:544022' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.87   Med: 31.13   Max: 37.71
Current: 25.87

During the past 4 years, ASK Automotive's highest Days Sales Outstanding was 37.71. The lowest was 25.87. And the median was 31.13.

BOM:544022's Days Sales Outstanding is ranked better than
83.14% of 1275 companies
in the Vehicles & Parts industry
Industry Median: 60.34 vs BOM:544022: 25.87

ASK Automotive's Days Sales Outstanding declined from Mar. 2022 (32.85) to Mar. 2024 (25.87).

ASK Automotive Days Sales Outstanding Historical Data

The historical data trend for ASK Automotive'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.

ASK Automotive Days Sales Outstanding Chart

ASK Automotive Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Days Sales Outstanding
37.71 32.85 29.40 25.87

ASK Automotive Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Days Sales Outstanding 37.71 32.85 29.40 25.87

Competitive Comparison of ASK Automotive's Days Sales Outstanding

For the Auto Parts subindustry, ASK Automotive'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.

ASK Automotive's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ASK Automotive's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where ASK Automotive's Days Sales Outstanding falls into.


ASK Automotive 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.

ASK Automotive'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
=( (2104.46 + 2139.72) / 2 ) / 29945.494*365
=2122.09 / 29945.494*365
=25.87

ASK Automotive'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: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (2104.46 + 2139.72) / 2 ) / 29945.494*365 / 2
=2122.09 / 29945.494*365 / 2
=12.93

* 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.

ASK Automotive  (BOM:544022) Days Sales Outstanding Explanation

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

ASK Automotive Days Sales Outstanding Related Terms

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ASK Automotive (BOM:544022) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » ASK Automotive Ltd (BOM:544022) » Definitions » Days Sales Outstanding
Comparable Companies
Traded in Other Exchanges
ASKAUTOLTD:India
Address
Sector 5, IMT Manesar, Plot No - 13-14, Gurgaon, HR, IND, 122 050
Website
https://www.askbrake.com
ASK Automotive Ltd is a manufacturer of brake-shoe and advanced braking systems for two-wheelers in India. The product range of the company includes AB systems; aluminium lightweight precision, wheel assembly to 2W OEMs; and safety control cables The company operates in India as well as overseas.

ASK Automotive (BOM:544022) Headlines

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