Wheels India (BOM:590073) Days Sales Outstanding : 52.13 (As of Mar. 2024)

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What is Wheels India Days Sales Outstanding?

Wheels India's average Accounts Receivable for the three months ended in Mar. 2024 was ₹7,263 Mil. Wheels India's Revenue for the three months ended in Mar. 2024 was ₹12,715 Mil. Hence, Wheels India's Days Sales Outstanding for the three months ended in Mar. 2024 was 52.13.

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

BOM:590073' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.03 Med: 69.36 Max: 99.8
Current: 57.06

During the past 13 years, Wheels India's highest Days Sales Outstanding was 99.80. The lowest was 57.03. And the median was 69.36.

BOM:590073's Days Sales Outstanding is ranked better than
54.08% of 1274 companies
in the Vehicles & Parts industry
Industry Median: 60.29 vs BOM:590073: 57.06

Wheels India's Days Sales Outstanding declined from Mar. 2023 (60.48) to Mar. 2024 (52.13).

Wheels India Days Sales Outstanding Historical Data

The historical data trend for Wheels India'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.

Wheels India Days Sales Outstanding Chart

Wheels India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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77.64

99.80

82.41

67.67

57.03

Wheels India Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															60.48	62.66	55.21	58.56	52.13

Competitive Comparison of Wheels India's Days Sales Outstanding

For the Auto Parts subindustry, Wheels India'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.

Wheels India's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Wheels India's Days Sales Outstanding falls into.

Wheels India 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.

Wheels India'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
=	( (8291.2	+	7263.4)	/	2 )	/	49773	*	365
=	7777.3					/	49773	*	365
=	57.03

Wheels India'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	+	7263.4)	/	1 )	/	12714.8	*	365 / 4
=	7263.4					/	12714.8	*	365 / 4
=	52.13

Wheels India (BOM:590073) Days Sales Outstanding Explanation

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

Wheels India Days Sales Outstanding Related Terms

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Wheels India (BOM:590073) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Wheels India Ltd (BOM:590073) » Definitions » Days Sales Outstanding

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WHEELS:India

Address

M.T.H. Road, Padi, Chennai, TN, IND, 600 050

Website

https://www.wheelsindia.com

Wheels India Ltd is a manufacturer of automobile wheels. The firm is organized into Automotive Components and Industrial Components segment. The automotive company segment is engaged in the manufacture of road wheels for passenger cars, utility vehicles, trucks, buses, agricultural tractors and construction equipment; however, the group is also engaged in the manufacturing suspension products for the vehicles. The industrial segment includes components and structures for windmills, railways and thermal power plants. It operates in the Indian and international markets, of which key revenue is derived from India. The majority of the company's revenue is generated from Automotive components.

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