Happy Forgings (BOM:544057) Days Sales Outstanding : 104.61 (As of Dec. 2024)

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What is Happy Forgings Days Sales Outstanding?

Happy Forgings's average Accounts Receivable for the three months ended in Dec. 2024 was ₹4,062 Mil. Happy Forgings's Revenue for the three months ended in Dec. 2024 was ₹3,543 Mil. Hence, Happy Forgings's Days Sales Outstanding for the three months ended in Dec. 2024 was 104.61.

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

BOM:544057' s Days Sales Outstanding Range Over the Past 10 Years
Min: 89.17 Med: 93.88 Max: 110.28
Current: 102.83

During the past 4 years, Happy Forgings's highest Days Sales Outstanding was 110.28. The lowest was 89.17. And the median was 93.88.

BOM:544057's Days Sales Outstanding is ranked worse than
65.63% of 2971 companies
in the Industrial Products industry
Industry Median: 80.65 vs BOM:544057: 102.83

Happy Forgings's Days Sales Outstanding increased from Dec. 2023 (86.19) to Dec. 2024 (104.61).

Warning Sign:

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

Happy Forgings Days Sales Outstanding Historical Data

The historical data trend for Happy Forgings'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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Happy Forgings Days Sales Outstanding Chart

Happy Forgings Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

110.28

89.17

90.12

97.63

Happy Forgings Quarterly Data
	Mar21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Sales Outstanding	Get a 7-Day Free Trial						86.19	142.73	95.38	102.64	104.61

Competitive Comparison of Happy Forgings's Days Sales Outstanding

For the Metal Fabrication subindustry, Happy Forgings'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.

Happy Forgings's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Happy Forgings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Happy Forgings's Days Sales Outstanding falls into.

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Happy Forgings 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.

Happy Forgings'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
=	( (3080.576	+	3569.178)	/	2 )	/	12430.82	*	365
=	3324.877					/	12430.82	*	365
=	97.63

Happy Forgings's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding (Q: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2024 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (4062.154	+	0)	/	1 )	/	3543.246	*	365 / 4
=	4062.154					/	3543.246	*	365 / 4
=	104.61

Happy Forgings (BOM:544057) Days Sales Outstanding Explanation

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

Happy Forgings Days Sales Outstanding Related Terms

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Happy Forgings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Happy Forgings Ltd (BOM:544057) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

HAPPYFORGE:India

Address

H.B 220, Post Office - Rajgarh, Village Dugri, Ludhiana, PB, IND, 141 421

Website

https://www.happyforgingsltd.com

Happy Forgings Ltd is a manufacturer specializing in designing and manufacturing heavy forgings and high-precision machined components. The company manufactures, designs, and tests various products such as crankshafts, front axle carriers, steering knuckles, differential housings, transmission parts, pinion shafts, suspension products, and valve bodies for different industries and customers. The Company business comprises only the Forging segment where the company sells forged products comprising of forgings and machined components for the automotive and industrial sectors. The company generates the majority of its revenue within India.

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